30-year mortgage ratesMortgage markets worsened last week as the investors moved back into risk-taking mode. Better-than-expected economic data in the U.S. plus a general feeling that the ongoing Eurozone issues will be soon be resolved (or lessened) contributed to a second straight week of rising mortgage rates. One suc...
13.08.12 03:45 PM - Comment(s)
Existing Home SalesMortgage markets improved in a holiday-shortened week last week, drawing mortgage rates lower throughout Midlothian and nationwide. Few new economic releases reached the markets, but those that did suggested recovery -- especially with respect to housing and employment, two key drivers of the U.S. e...
27.02.12 04:45 PM - Comment(s)

Initial jobless claims 2008-2012

Economists believe the strength of the 2012 housing market will be closely tied to jobs. If they're right, the housing market is ripe for a boost. It spells good news for Henrico home sellers and may mean the end of bargain-basement prices for buyers.

Since peaking in mid-2009, the number of U.S. wor...

14.02.12 04:45 PM - Comment(s)

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