Mortgage Outlook for the Week of February 13, 2012
Last week saw mortgage rates hold steady near all time historical lows. The market was and will continue to watch…
Weekly Mortgage Wrap Up
After a tick upwards earlier this week, mortgage rates have settled back down after austerity talks in Greece fell apart…
A History Of US Mortgage Rates
With all the recent talk about mortgage rates “hitting new all time historical lows” and rates remaining near “all time…
Mortgage Outlook for the Week of February 6, 2012
Mortgage rates rose last week following positive news regarding employment as the U.S. unemployment rate fell for the fifth straight month…
Mortgage Rates Rise on Strong Jobs Data
Earlier this morning, the Labor Department U.S. unemployment rate fell for the fifth straight month in January, moving down to 8.3%,…
President Obama Announces New Refinancing Plan
During the State of the Union Address a few weeks ago, President Obama announced plans for a new refinancing plan…
Pending Home Sales Reach Highest Level in One and a Half Years
The NAR’s Pending Home Sales Index (PHSI) is showing yet another sign of strength in the housing market. Recent data is…
Mortgage Outlook for Week of January 30, 2012
Mortgage rates improved yet again last week, yet again hitting and ending near all time historic lows. Last week was…
Mortgage Rates Move Lower: Understanding the FOMC Statement
The FOMC (Federal Open Market Committee) or sometimes referred to as the “Fed”, concluded its two day meeting today. In a…
Mortgage Outlook for the Week of January 23, 2012
Last week mortgage rates again hit all time historic lows. There were also signs of an improvement in housing and…