FOMC meets this weekMortgage markets worsened slightly in last week's holiday-shortened week. As expected, Wall Street took its cues from Europe and from the U.S. jobs market, and mortgage rates moved across a wide range. Home buyers in Henrico and would-be refinancing households were greeted with wildly varying mortga...
10.09.12 03:45 PM - Comment(s)
Jobs Report In Focus Mortgage markets improved last week for the second consecutive week. With no news coming from Europe, Wall Street was focused U.S. economic data and Federal Reserve Chairman Ben Bernanke's planned public speech from the Fed's annual retreat in Jackson Hole, Wyoming. Rate shoppers and home buyers in...
04.09.12 03:45 PM - Comment(s)
Unemployment RateMortgage bonds worsened last week in a news- and event-heavy week. A series of non-action from the world's central banks -- including the Federal Reserve -- plus a better-than-expected jobs report pushed mortgage rates to their highest levels in more than a month. Conforming mortgage rates rose...
06.08.12 03:45 PM - Comment(s)
ECB meets ThursdayMortgage markets booked major losses last week after European leaders spoke of their determination to preserve the European Union. Mortgage rates jumped Thursday and Friday as investors sold positions of relative safety, including bonds, and moved their money into stock markets. Mortgage rates close...
30.07.12 03:45 PM - Comment(s)

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