Good News For The Unemployed Bad News For Mortgage Rates
This morning’s jobs report is causing mortgage rates to rise, capping a week during which rates have already jumped 3/8 percent off all-time lows. The government’s November Non-Farm Payrolls report reinforced the notion that the recession is nearly over, if not over already. Just 11,000...Why Mortgage Rates Are Back To All-Time Lows
Home affordability improved this week after the Federal Reserve released its November 3-4, 2009 meeting minutes. The FOMC Minutes is a companion to the Federal Reserve’s post-meeting press release. It’s released 3 weeks after the Fed adjourns and details the internal debates that shape our...Mortgage Rates This Week : November 16, 2009
Posted by yourmortgageplanner on Nov 16, 2009 in Featured Articles, Financial Awareness | 0 comments
Mortgage markets improved last week as foreign buyers of mortgage debt helped to push mortgage rates to a 4-week low.
It marked the 3rd consecutive week that rates improved, breathing extra life into this year’s ongoing Refi Boom.
Fixed-rate, conforming mortgage rates fell about 0.125 percent on the...
Mortgage Rate Forecast September 8, 2009
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...Mortgage Rate Review September 4, 2009 (Chart)
