What's Ahead For Mortgage Rates This Week - August 12, 2013Mortgage bond prices ended last week a little higher than a the start of the week, resulting in slightly lower mortgage rates.  According to CoreLogic, U.S. home prices increased at their fastest pace since February 2006. Mortgage rates rose incrementally, and the Weekly Jobless Claims report c...
12.08.13 03:52 PM - Comment(s)
Whats Ahead For Mortgage Rates This Week August 5 2013Mortgage rates were basically flat ahe end of last week.  The last three days of the week provided only a glimpse of market volatility. The FOMC statement indicated that the Federal Reserve has not set a date for rolling back its quantitative easing program and ADP reported more private sector ...
05.08.13 03:52 PM - Comment(s)
Mortgage rates improved last week.  The Fed’s release of the minutes for the June FOMC meeting was the most noteworthy economic event last week; the minutes repeated the Fed’s recent statement concerning the wind-down of its current monetary easing policy.  The minutes indicated that about...
15.07.13 03:53 PM - Comment(s)
What's Ahead For Mortgage Rates This Week July 8 2013 Financial markets remain extremely volatile, a trend that is expected to continue.  Last week mortgage rates were significantly higher than those the at the close of the week prior. The most meaningful economic reports of the week will be on the last two days of the week with Jobless Claims on...
08.07.13 03:52 PM - Comment(s)
What's Ahead This Week - June 17, 2013Last week's news was relatively quiet with no data significant to the mortgage lending released until Wednesday, when the federal government announced a $138 billion budget deficit for May. According to the U.S. Treasury this figure is 11 percent higher than for May of 2012, but the federal budget i...
17.06.13 03:52 PM - Comment(s)
Volatility in the financial markets continued last week.  Tuesday turned out to be one of the worst days for mortgage rates in history.  Consumer confidence was strong, year-over-year home prices rose sharply and the stock market continued to rise.  Mortgage rates ended the week about...
03.06.13 03:51 PM - Comment(s)

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