Mortgage markets improved last week on renewed concerns of a European debt default, and Federal Reserve rhetoric.
Conforming mortgage rates in Virginia dropped on the news, one week after posting a 5-month high.
A major strike in Spain and growing unrest in Italy, both in opposition to recent austerit...
Mortgage markets went unchanged last week as Wall Street traded on new debt stress within the Eurozone, and stronger-than-expected economic data here at home.
Rates moved very little from Monday to Friday and the storyline's not expected to change much this week for today's rate shoppers.
Accordi...
Amid a dearth of new U.S. economic data, Eurozone developments led mortgage markets down in last week's holiday-shortened trading week. Mortgage rates across Virginia worsened slightly, increasing week-over-week for the first time in a month.
Freddie Mac reports the average 30-year fixed rate mortgag...
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