CNBC and Bankrate.com just reported that home loan rates are at their all time lows. Yes, all time lows! This is great news for anyone who has yet to refinance to take advantage of the lowest rates ever recorded, or to purchase that new home or investment property more affordable than ever before. Both...

One month after the federal homebuyer tax credit’s official expiration, the New Home Sales report turned in its worst showing ever. In May 2010, for the first time in 11 months, the inventory of unsold new homes crossed the 8-month marker, posting an 8.5 month supply overall. Additionally, new...

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. In its press release, the FOMC said that, since April, “the economic recovery is proceeding”...

Mortgage markets improved last week on weaker-than-expected jobless figures, ongoing troubles in Europe, and a tame reading on domestic inflation. As a result, conforming mortgage rates for Washington fell last week, drawing loads of new refinance applications. For a brief moment Thursday afternoon,...

Mortgage markets posted four good days last week and one awful one.  Unfortunately for rate shoppers in Washington , that one bad day outweighed the gains of the other four and mortgage rates worsened on the week overall. Despite re-touching all-time lows on Tuesday and Wednesday, Conforming and FHA...

Rate shoppers caught another break last week as mortgage markets improved on weak jobs data. The May Non-Farm Payrolls report fell well short of expectations while ongoing jobless claims rose.  The two combined to cast doubt on the speed of the U.S. economic recovery, hurting stocks and helping bonds. Conforming...

Mortgage markets worsened last week as concerned of a global debt crisis lessened and stock markets rebounded. The gains in stocks came at the expense of bonds — including mortgage bonds. Conforming and FHA mortgage rates rose for the first time in 5 weeks, pulling mortgage pricing off its best...

Visit msnbc.com for breaking news, world news, and news about the economy Because of strife in Greece, Spain and North Korea, conforming mortgage rates are back to all-time lows. They’re at levels not seen in 50 years.  For homeowners that missed the Refi Boom of November 2009, it’s a...

Home values rose in March, according to the Federal Home Finance Agency’s most recent Home Price Index. Values were reported higher by 0.3 percent, on average, from February. We use the phrase “on average” because the Home Price Index is broad-reaching, national housing statistic....

Another week, same old story. Mortgage markets improved again last week on worsening news out of Greece and the Eurozone. Then, as contagion mentality set in, U.S. mortgage bonds gained and mortgage rates fell. It’s the 4th straight week in which conforming mortgage rates improved and, against...