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Category | Mortgage News

Mortgage Outlook for the Week of February 27, 2012

Last week saw continued improvement in the US Economy with more positive news coming out related to housing, employment and consumer confidence. Positive data, in addition to what is hoped to be a final solution for the Greek debt debacle, places pressure on mortgage rates to go up. Should we see negative news come out […]

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Weekly Mortgage Wrap Up for February 24, 2012

For the third time in three months, existing-home sales (homes that have been previously occupied, not new) rose in January, while inventories continued to improve, according to the National Association of Realtors. Additionally, new home sales for January fell by 0.9% from December to 321,000 sales, which is better than the market expected, yet even more […]

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15 Year Fixed Mortgage Rate History in Charts

With all the recent talk about mortgage rates “hitting new all time historical lows” and rates remaining near “all time historical lows”, it can be difficult to appreciate exactly how low mortgage rates have come. This is especially true in the historical context of mortgage rates, which spans many years. For this reason, sometimes charts […]

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Happy President’s Day!

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Tips For Making Your Realtor Relationship Run Smoothly

Whether you’ve been living in your home for a year or for thirty years, you will have to go through the same process to sell your home. Finding a Realtor who knows the market you live in can make the sales process more efficient and can save you time and frustration. As the mediator between […]

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A History of 30 Year Fixed Mortgage Rates

With all the recent talk about mortgage rates “hitting new all time historical lows” and rates remaining near “all time historical lows”, it can be difficult to appreciate exactly how low mortgage rates have come. This is especially true in the historical context of mortgage rates, which spans many years. For this reason, sometimes charts […]

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Mortgage Outlook for the Week of February 13, 2012

Last week saw mortgage rates hold steady near all time historical lows. The market was and will continue to watch Greece as it continues on a path towards bringing a debt default resolution to bare. Last week there were some hiccups as a resolution looked questionable towards the end of the week. Moving forward this […]

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Weekly Mortgage Wrap Up

After a tick upwards earlier this week, mortgage rates have settled back down after austerity talks in Greece fell apart and Greeks demonstrated amid scattered violence. Uncertainty about the situation in Greece is good for mortgage rates in the short term though, which is why rates ticked lower today. We can expect rates to tick […]

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Mortgage Outlook for the Week of February 6, 2012

Mortgage rates rose last week following positive news regarding employment as the U.S. unemployment rate fell for the fifth straight month in January, moving down to 8.3%, the lowest level since February 2009. 243,000 jobs were added to the economy during the last month as well. This data provided more confirmation that the economy is moving in a […]

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Mortgage Rates Rise on Strong Jobs Data

Earlier this morning, the Labor Department  U.S. unemployment rate fell for the fifth straight month in January, moving down to 8.3%, the lowest level since February 2009. 243,000 jobs were added to the economy during the last month as well. The market was surprised by these numbers, which were much more healthy than expected. Expectations were […]

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Mortgage Rates