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Tag Archives: Mortgage Rates
What’s Ahead For Mortgage Rates This Week : July 19, 2010
Mortgage rates are artificially right now so even the slightest jolt could cause them to spike. It would be similar to what happened in June 2009 when rates rose 1.125% in just 10 days’ time. Therefore, if you’re shopping for a mortgage and like the rate you’ve been quoted, consider locking in as soon as possible. Continue reading
The Fed’s June Minutes Keep Mortgage Rates In Rally-Mode
At 7,333 words, the June Fed Minutes is the unabridged version of the more well-known, post-meeting press release. The corresponding press release was just 360 words. It turns out, the Fed’s words are doing wonders for mortgage rates. Continue reading
What’s Ahead For Mortgage Rates This Week : July 11, 2010
Mortgage rates have fallen in 4 consecutive weeks and are on an extended rally that dates back to mid-April. This week, however, data returns and rates could reverse. Especially with inflation numbers are in play. Continue reading
What’s Ahead For Mortgage Rates This Week : July 6, 2010
Last week — again — mortgage rates improved and Freddie Mac is now reporting new all-time lows on three popular, conforming loan products. Here’s what’s in store for *this* week. Continue reading
The Year Is Half-Over. How Did The Housing Experts Fare On Their Predictions?
As 2009 was ending, the “experts” were busy making forecasts about the U.S. economy and what to expect in 2010. Were they right? Continue reading
The 1 Force That Can Really Change A Mortgage Rate
Mortgage rates move in response to hundreds of factors. Among the biggest influences on mortgage rates? Inflation. Continue reading
A Simple Explanation Of The Federal Reserve Statement (June 23, 2010 Edition)
Today, in its first meeting in 5 weeks, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged. The Fed Fund Rate remains within its target range of 0.000-0.250 percent. Continue reading
Making A Mortgage Rate Strategy Ahead Of The Fed’s Meeting This Week
The Federal Open Market Committee begins a 2-day meeting today, its fourth scheduled meeting of the year, and fifth overall. There’s no expectation for the Fed to change the Fed Funds Rate but that doesn’t mean consumers should expect mortgage rates to remain unchanged, too. Continue reading
What’s Ahead For Mortgage Rates This Week : June 21, 2010
Last week, rates fell to all-time lows (again) Thursday. By Friday morning, though, pricing was worsening on profit-taking and in preparation for this week — a week that promises to be heavy on both data and rhetoric. Continue reading
What’s Ahead For Mortgage Rates This Week : June 14, 2010
Despite re-touching all-time lows on Tuesday and Wednesday, Conforming and FHA mortgage rates moved higher on the week. Continue reading