Mortgage markets improved last week on a bevy of economic and geopolitical news. Conforming mortgage rates improved, falling to their lowest levels of 2011.
What’s Ahead For Mortgage Rates This Week : May 9, 2011
Category: Mortgage Rates
Geopolitics Have Mortgage Rates Poised To Change
Among the most challenging aspects of shopping for a mortgage is how rates change constantly. It’s hard to pin them down. Especially when geopolitics are involved.
What’s Ahead For Mortgage Rates This Week : May 2, 2011
Last week marked the 3rd consecutive week through which conforming mortgage rates dropped, the longest such streak since February. This week, the jobs report is due.
What’s Ahead For Mortgage Rates This Week : April 25, 2011
Conforming mortgage rates ended last week unchanged overall. It’s a strange outcome considering that Standard & Poor’s issued a downgrade on U.S. debt Monday.
What’s Ahead For Mortgage Rates This Week : April 18, 2011
Mortgage markets improved last week, buoyed by two days of out-sized gains. Mortgage rates bounced off their 8-week highs.
Plan To Sell Within 5 Years? Consider An Adjustable-Rate Mortgage.
The interest rate gap between fixed-rate mortgages and adjustable-rate mortgages is growing. It peaked 2 weeks ago, but remains huge at 1.16 percentage points.
What’s Ahead For Mortgage Rates This Week : April 4, 2011
In a volatile week of trading, mortgage markets closed unchanged last week.
What’s Ahead For Mortgage Rates This Week : March 28, 2011
Mortgage markets worsened last week as nuclear meltdown concerns eased across Japan, and the war within Libya moved closer to a potential finish.
15-Year Fixed Rate Mortgages Look Cheap Compared To Comparable 30-Year Fixeds
If you’ve ever explored the idea of using a 15-year fixed rate mortgage for your home, the math is in your favor today. Talk to your loan officer before rates start rising.
What’s Ahead For Mortgage Rates This Week : March 21, 2011
Last week marked the 5th straight week through which mortgage rates improved. It’s the longest such streak since August 2010 and, this week, rates may run lower again. You may not want to gamble on it, though.