What’s Ahead For Mortgage Rates This Week : February 28, 2011
Posted by yourmortgageplanner on Feb 28, 2011 in Featured Articles, Mortgage Rates, Weekly Review | 0 comments
Mortgage markets improved last week as Wall Street’s concerns about the Middle East trumped its fears of inflation. Conforming and FHA mortgage rates in Washington fell to a 3-week low.
Last week marked the second straight week in which mortgage rates fell, a streak that follows four straight weeks of...
New Home Sales Crater In January, Opening The Door For Deals With Builders
Not all housing reports are sunny, it seems. In its monthly New Home Sales release, the U.S. Department of Commerce showed a 13 percent drop-off in annualized new construction sales between the months of December and January. It’s the biggest one-month drop in New Home Sales since May 2010. In...Existing Home Supply Down 40% In Last 6 Months
Home resales rose another 2.7 percent last month, according to the National Association of REALTORS® monthly Existing Home Sales report. An “existing home” is a home that’s been previously occupied and is not considered new construction. The number of existing homes sold on a rolling...Trulia – Rent vs. Buy Interactive Index (Q1 2011)
Is It Better to Buy or Rent? – Interactive Graphic -
