The United States is experiencing a Refi Boom. As compared to 6 months ago, a new, $200,000 home loan costs $124 less per month in principal + interest.
What’s Ahead For Mortgage Rates This Week : October 18, 2010
Category: Weekly Review
What’s Ahead For Mortgage Rates This Week : October 12, 2010
This week, there’s a number of releases that should keep mortgage rates on the move — up and down — including Fed Minutes (Tuesday), Producer Price Index (Thursday), and Consumer Price Index, Retail Sales and a confidence survey (Friday).
What’s Ahead For Mortgage Rates This Week : October 4, 2010
Mortgage rates are tough to pin down because, although the recession is over, everyday citizens aren’t spending like it is.
What’s Ahead For Mortgage Rates This Week : September 27, 2010
In back-and-forth trading last week, conforming mortgage rates bottomed out Wednesday before rising through Friday’s afternoon close. This week should be even more volatile.
What’s Ahead For Mortgage Rates This Week : September 20, 2010
Mortgage markets were highly volatile, yet relatively unchanged last week in back-and-forth trading on Wall Street.
What’s Ahead For Mortgage Rates This Week : September 13, 2010
A shift in Wall Street sentiment caused mortgage markets to worsen last week. Fears of a double-dip recession are easing.
What’s Ahead For Mortgage Rates This Week : September 7, 2010
Mortgage rates worsened 3 days in a row last week for the first time since late-April.
What’s Ahead For Mortgage Rates This Week : August 30, 2010
When Chairman Bernanke talks, markets listen. His comments about the U.S. economy helped fuel a late-Friday surge in mortgage rates last week.
What’s Ahead For Mortgage Rates This Week : August 23, 2010
This week, it’s unlikely that the Refi Boom will meet its end, but that doesn’t mean you should wait for rates to fall further. Mortgage rates tend to change quickly and without notice, and should rates rise, you may find that you’ve missed the market bottom.
What’s Ahead For Mortgage Rates This Week : August 16, 2010
The Refi Boom remains in full effect, but rates are not as dazzling as they were just one week ago.