Mortgage Rates

What’s Ahead For Mortgage Rates This Week – December 16, 2013
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What’s Ahead For Mortgage Rates This Week – December 16, 2013

Mortgage Debt Rises For First Time Since Recession

Last week was relatively quiet concerning scheduled housing-related news, but the Federal Reserve’s financial accounts report, released on Monday, indicated that mortgage debt in the U.S. had increased for the first time since the first quarter (Q1) of 2008.

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Why Should My Clients Lock In Their Interest Rates
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Why Should My Clients Lock In Their Interest Rates

Interest rates fluctuate frequently, often depending on the news. If you are considering refinancing your home, your loan officer may suggest locking in the interest rate on your loan.

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What’s Ahead For Mortgage Rates This Week – December 9, 2013
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What’s Ahead For Mortgage Rates This Week – December 9, 2013

Last week brought several indicators of a strengthening economy. New home sales, private and federal employment and mortgage rates rose.

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What’s Ahead For Mortgage Rates This Week – December 2, 2013
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What’s Ahead For Mortgage Rates This Week – December 2, 2013

The short holiday week brought a flurry of economic reports last week. Highlights included pending home sales, the S&P Case-Shiller Housing Market Indices and the FHFA home price index. No reports were released on Thursday and Friday in observance of the Thanksgiving holiday.

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What’s Ahead For Mortgage Rates This Week – November 25, 2013
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What’s Ahead For Mortgage Rates This Week – November 25, 2013

Last week’s scheduled economic news was varied, but mortgage rates fell and jobless claims were significantly lower than expected. The minutes for last month’s FOMC meeting were released, and confirmed the Federal Reserve’s intention to leave its quantitative easing program unchanged at least for the near term.

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What’s Ahead For Mortgage Rates This Week – November 18, 2013
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What’s Ahead For Mortgage Rates This Week – November 18, 2013

The Veterans Day holiday on Monday contributed to a quiet week for economic news. On Wednesday the reading for the federal budget deficit for October fell from September’s reading of -$120 billion to -$92 billion.

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