This past week we saw mortgage interest rates move higher as the Fed’s program to purchase $1.25 Trillion of Mortgage Backed-Securities came to an end on Wednesday, March 30, 2010. Though interest rates did go higher, mortgage interest rates are still at historical lows. And dont’ forget that ending this month is the 1st Time HomeBuyer [...]
Continue reading...16 March 2010
Today’s FOMC statement’s language was basically the same as their January statement. The Federal Fund Rate will stay at this present level to help the economy continue to come out of this recession. The big difference in the language was with the housing industry and mortgage interest rates. The housing industry has been slow to recovery in [...]
Continue reading...15 March 2010
Mortgage interest rates had a fairly bumpy week even though we weren’t too many economic reports released. But economist as well as some Fed members voiced their concern over the not here yet inflation last week. Will the Fed have the will to raise short term interest rates to subdue inflation due to our raising debt [...]
Continue reading...11 January 2010
Check out how the market is doing today on Mortgage Interest Rates and what to expect for today.
Continue reading...7 January 2010
Check out what to expect from the bond market and mortgage interest rates in today’s Mortgage Rate Watch.
Continue reading...5 January 2010
As we start 2010, there has been a lot of talk about mortgage interest rates. Will they stay around 5.0%, be a tad higher, will they go up past 6.0% or even higher than that? Let’s look at what is keeping mortgage interest rates at these historic lows. When the credit crisis exploded on to the [...]
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5 April 2010
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