Housing And Mortgage : The Experts Make Their 2012 Predictions
As the new year begins, there are no shortage of stories telling us what to expect in 2012. Housing finished 2011 with momentum and mortgage rates closed at the lowest rates of all time. Some expect those trends to continue through the first quarter and beyond. Others expect a rapid reversal. Who’s...Despite Low Rates, Pending Home Sales Slip In August
Despite the lowest mortgage rates of all-time, home buyers are slowing the pace at which they’re buying homes. According to the National Association of REALTORS®, on a seasonally-adjusted basis, the Pending Home Sales Index fell 1 percent in August. The Pending Home Sales Index measures homes...A Must Read “Fed’s Ability to Raise Rates is an Illusion”
Both Treasury Bonds and Mortgage backed securities carry interest rate risk, which means that the value of existing bonds will tend to fall as current interest rates rise. As a result, any rise in interest rates will immediately impact the value of this enormous portfolio. The Fed has to be very careful...Seattle, WA Mortgage Rates This Week : March 14, 2011
Posted by yourmortgageplanner on Mar 14, 2011 in Featured Articles, Mortgage Rates, Weekly Review | 0 comments
Mortgage markets improved last week in a week of few economic releases. The one major data point — Retail Sales — showed stronger-than-expected, but markets reacted mildly. The report’s strength was whispered in advance of the actual release; its reading validated Wall Street’s...
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...
