Currently viewing the tag: "Mortgage Rates"

Interest Rate Predictions | Week of March 28, 2011

On March 28, 2011 By

What an interesting couple of weeks.  After a massive rally just two weeks ago accounting for a 109 basis point (1.09 discount points), last week saw a sell-off of 97 (.97 discount points).

Volatility everywhere and nary a leader in sight.  Not so fast, [...]

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Interest Rate Predictions | Week of March 21, 2011

On March 21, 2011 By

Like the past few weeks, this week’s will be driven by things that are simply not very mortgage related.

and Japan continue to dominate headlines, but the issues in Bahrain and Yemen are rapidly closing [...]

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Interest Rate Predictions | Week of March 14, 2011

On March 14, 2011 By

Mortgage rates may dip a little more this week, but they’ll need to go down at least another .25% to offset the increases in mortgage costs that hit later this spring.

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Home Affordability Drops as Mortgage Rates Increase

On March 8, 2011 By

Home affordability hit an all-time high during the end of 2010. It’s been a completely different story since. Home affordability is a function of really only three things: home values, mortgage rates and the median income.

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Interest Rate Predictions | Week of March 7, 2011

On March 7, 2011 By

After brutal losses on Wednesday and Thursday, mortgage rates rallied back on Friday to close the week virtually unchanged.

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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 28, 2011

On February 28, 2011 By

FHA interest rates and their conventional counterparts hit a 3-week low following four straight weeks of rising interest rates.

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Loans for first time home buyers getting expensive

On February 25, 2011 By

HUD has more changes coming for FHA loans. The MIP factors are going up by 0.25% across the board in April and this directly hits the most common loan program for first time home buyers.

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All-Time Higher For Cost of Living

On February 23, 2011 By

Since the beginning of November and the Fed’s QE2 policy announcement, mortgage rates have shot up 0.875%. To put it in perspective, that change in rates pushed down home buyer purchasing power by more than 10%.

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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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