Currently viewing the tag: "interest rates"

Mortgage Rates and Tomorrow's Jobs Report

On March 3, 2011 By

Mortgage rates could move higher beginning tomorrow morning. The jobs report is always an interest rate mover.

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Interest Rate Predictions | Week of February 22, 2011

On February 22, 2011 By

Mortgage rates recovered slightly last week following the week prior–the worst 1-week loss for the mortgage bond market in quite some time.

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Mortgage Rate Update for February

On February 17, 2011 By

We’ve retraced the highest mortgage rates since April 2010. According to Freddie Mac, last week saw the largest single week increase in more than a year. Last Thursday’s PMMS report showed rates higher by .24% and a national average of 5.05%.

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Mortgage Rates Jump On Retail Sales Data

On November 16, 2010 By

Mortgage rates are recovering a little bit today, but the long-term trend seems to be reversing. With QE2 dragging on long-term interest rates and increasingly good economic data, the time to act may be sooner rather than later.

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Interest Rate Predictions | Week of October 4, 2010

On October 4, 2010 By

Normally called “the jobs report,” Non-Farm Payrolls details the workforce, size, and unemployment rate. Consensus expectations are for similar data as we saw in August. August was considered “fair.” If we see surprising strength or weakness in the jobs report, look for interest rates to make a move.

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Jobs Report Will Move Rates Tomorrow

On February 4, 2010 By

A quick recap on the day.  saw their 401(k) shrink by 2.5% and saw dip lower buy almost .25% today.

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Fed Policy Statement Today

On January 27, 2010 By

Current forecasts are for no changes to the Fed Funds Rate. We are watching the policy statement. We’ll post an update after the meeting adjourns when we see how it will impact mortgage rates.

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