Need Mortgage Help?
1-800-705-1216
Fast Mortgage Rate Quotes

Tag Archive | "mortgage rates"

Weekly Mortgage Wrap Up for March 2, 2012

The markets continued to monitor the Greece Debt situation this week. Although Greece is working through a solution to prevent default, there is still concern about whether the existing solution will actually work. Should there be news of any issues with the Greek resolution, look for increased downward pressure on mortgage rates. Beige Book data […]

Read The Full Post »

Tags: , ,

5 Year ARM Mortgage Rate History in Charts

With all the recent talk about mortgage rates “hitting new all time historical lows” and rates remaining near “all time historical lows”, it can be difficult to appreciate exactly how low mortgage rates have come. This is especially true in the historical context of mortgage rates, which spans many years. For this reason, sometimes charts […]

Read The Full Post »

Tags: ,

Mortgage Outlook for the Week of February 27, 2012

Last week saw continued improvement in the US Economy with more positive news coming out related to housing, employment and consumer confidence. Positive data, in addition to what is hoped to be a final solution for the Greek debt debacle, places pressure on mortgage rates to go up. Should we see negative news come out […]

Read The Full Post »

Tags:

Weekly Mortgage Wrap Up for February 24, 2012

For the third time in three months, existing-home sales (homes that have been previously occupied, not new) rose in January, while inventories continued to improve, according to the National Association of Realtors. Additionally, new home sales for January fell by 0.9% from December to 321,000 sales, which is better than the market expected, yet even more […]

Read The Full Post »

Tags: , ,

15 Year Fixed Mortgage Rate History in Charts

With all the recent talk about mortgage rates “hitting new all time historical lows” and rates remaining near “all time historical lows”, it can be difficult to appreciate exactly how low mortgage rates have come. This is especially true in the historical context of mortgage rates, which spans many years. For this reason, sometimes charts […]

Read The Full Post »

Tags: ,

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 Greece as it continues on a path towards bringing a debt default resolution to bare. Last week there were some hiccups as a resolution looked questionable towards the end of the week. Moving forward this […]

Read The Full Post »

Tags: ,

Weekly Mortgage Wrap Up

After a tick upwards earlier this week, mortgage rates have settled back down after austerity talks in Greece fell apart and Greeks demonstrated amid scattered violence. Uncertainty about the situation in Greece is good for mortgage rates in the short term though, which is why rates ticked lower today. We can expect rates to tick […]

Read The Full Post »

Tags: ,

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 in January, moving down to 8.3%, the lowest level since February 2009. 243,000 jobs were added to the economy during the last month as well. This data provided more confirmation that the economy is moving in a […]

Read The Full Post »

Tags: , , ,

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 marked the FOMC meeting and their announcement that they would be continuing their projection of  “exceptionally low rates” beyond 2013 into 2014. The market reacted and mortgage rates went lower. Events Affecting Mortgage Rates This […]

Read The Full Post »

Tags: , ,

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 press release,  the FOMC announced it’s thoughts on the state of the economy today and moving forward in addition to its plans for future monetary policy. The equities and bond markets pay close attention to […]

Read The Full Post »

Tags: , ,

Mortgage Rates