All posts tagged interest rates

risingrates

Mortgage interest rates reverse course on economic gains

Most mortgage interest rates rose on a host of good economic news, much of it generated by the federal government’s long-term efforts, including Freddie Mac and Fannie Mae profits, higher wages, the expiration of the payroll tax cut and the fiscal cliff deal.

Continue Reading...
fallingrates

OMG! Mortgage rates continue run on record lows

Average interest rates for both the 15-year fixed rate mortgage (FRM) and the 5-year adjustable rate mortgage (ARM) fell to new record lows, both for the second consecutive

booyah

Boo-yah! 15-year FRM, 5-year ARM set new record lows

Falling prices at the pump weren't enough to offset the impact of the global economy running out of gas. The average rate on the 30-year fixed-rate mortgage (FRM) ticked

federalreserve

How long will the Fed buy mortgage-backed securities?

VANGUARD - Amid reports of reduced consumer prices and a spotty job market, the Federal Reserve's upcoming policy meeting likely will grapple with the question: How long should

fallingrates

Continued lackluster job market pushes mortgage rates lower

With the economy producing fewer jobs than it's losing and more workers leaving the workforce, mortgage rates have no where to go but down. The average rate on the

angryblackwoman

Cringing consumer confidence depresses mortgage interest rates

Consumer confidence worried mortgage rates down this week as many rates fell for the second consecutive week, according to the Erate Interest Rate Update for the week ending

fallingrates

Lower rates usher in spring housing market

Freddie Mac's March Outlook calls for 30-year fixed mortgage rates to remain below 4 percent all year and interest rates cooperated this week, dipping near the 3.5 percent

ratedroparrow

Mortgage rate movement mirrors consumer uncertainty

Mortgage rates continued their up-one-week-down-the-next trend, unable, like consumers, to get a fix on the economy, according to the Erate Interest Rate Update for the week ending March

risingrates

Drat! Stronger economy pushes up most mortgage rates

More jobs and an increase in retail sales both helped offset the economic impact of the end of the payroll tax holiday and helped boost rates higher.

homebank

The low-down on big down payments

SUSIE SHORTSLEEVE - You can buy a home with as little as 3 percent down, thanks to federal government loans and others with eased restrictions. Low-down payment mortgages are

ratehouse

Hmm…Mortgage rates unexpectedly mixed this week

While the Erate Update for March 5 saw the mixed economy pushing all benchmark rates down, Freddie Mac revealed a mixed bag of interest rates. The average rate on

fallingrates

Yes! Benchmark mortgage interest rates reverse course, move lower

The mixed economy's ups and downs over the past few weeks is having the same effect on mortgage interest rates, sending them on a mild roller coaster ride. A

oops

Oops! 30-year mortgage interest rate moves up; other rates flat, down

After being stuck at 3.53 percent for three weeks, the average rate on the 30-year fixed-rate mortgage (FRM) moved up 3.56 percent, with an average 0.8 point, the

whew

Whew! Mortgage interest rates settle down after a two-week jump

Mortgage interest rates may have reversed course on their recent upward moves. That's due to economic growth that's not strong and steady enough to continue upward pressure on interest

federalreserve

Federal Reserve stays the course

"When the Committee decides to begin to remove policy accommodation, it will take a balanced approach consistent with its longer-run goals of maximum employment and inflation of 2

skyrocketprices

Mortgage rates rise as housing, stock market, economy rally

Forecasts for rising mortgage rates in 2013 may have been too little, too late. Mortgage rates jumped today to their highest levels in months, according to a flurry of

risingrates

Unemployment claims give mortgage rates a boost

Fixed mortgage rates continued to rise on good news from the economy's employment sector. The average rate on the 30-year fixed-rate mortgage (FRM) came in at 3.42 percent, with

federalreserve

Mixed economic news sends benchmark rates down, others unchanged

"I would say that my outlook for unemployment and my outlook for inflation both point to a need for more accommodation than is currently being provided by the

risingrates

Average 30-year mortgage rate hits two-month high

Buoyed, in part, by a hopeful outlook for employment, the 30-year fixed-rate mortgage (FRM) posted its highest reading in eight weeks, an average 3.40 percent with 0.7 point. Freddie

risingrates

Most benchmark purchase mortgage rates jolt upward on release of FOMC meeting minutes

Mortgage rates were off to a bumpy start in 2013, first falling to near record lows on news the economy averted the fiscal cliff, then jolting upward this

Website by imagiNed Web Design