Mortgage Rates
What’s Ahead For Mortgage Rates This Week : September 8, 2009
September 8, 2009 by jberman · Leave a Comment
Mortgage markets improved slightly last week overall, but closed out the week much worse from the best levels of the week. On Wednesday, briefly, mortgage rates touched an 8-week low. Following that, mortgage rates began to climb and stayed on an upward trajectory clear through Friday’s closing. Rate shoppers suffered, realizing a 0.250 percent rise in [...]
How The “Fed Minutes” Can Change Mortgage Rates And Home Affordability
May 21, 2009 by jberman · Leave a Comment
Mortgage rates fell after the Federal Reserve released its April 28-29, 2009 meeting’s internal notes Wednesday. Officially known as “Fed Minutes”, the report is an in-depth account Federal Reserve’s last get-together, detailing the discussions and decisions that create our country’s monetary policy. It’s the lengthy companion to the Federal Reserve’s brief, post-meeting press release. For comparison’s [...]
What’s Ahead For Mortgage Rates This Week : May 11, 2009
May 11, 2009 by jberman · Leave a Comment
Mortgage markets hit their worst levels since March last week, sending mortgage rates higher for the second week in a row. Today’s conforming mortgage rates are much higher than from the registered low point of April 30, 2009. There are a few reasons why mortgage rates were up last week. Stress test results weren’t as bad [...]
Your Local Gas Station May Have Clues About Tomorrow’s Mortgage Rates
May 7, 2009 by jberman · Leave a Comment
The retail price of gasoline is rising nationwide, now up 30 percent since the New Year. It’s a similar run-up to what we’ve seen for retail gas prices in each of the last 5 Spring Seasons. For people trying to time the mortgage market’s bottom, clues about the future of mortgage rates may be at the local [...]
What’s Ahead For Mortgage Rates This Week : May 4, 2009
May 4, 2009 by jberman · Leave a Comment
Mortgage markets faced a broad sell-off last week, sparked by the Federal Reserve and consumer sentiment. This caused mortgage rates to spike from Wednesday to Friday and it caused the “lowest rates of all-time” to seem like an opportunity lost. It’s the first time in 4 weeks that mortgage rates rose overall. Last week was [...]
