2010 was a year of ups and then downs for the real estate and mortgage industries. As 2011 begins the uncertainty of a year ago regarding where mortgage rates and... Read More
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'Federal Reserve' articles
2010 ends with mortgage and housing markets slumping
December 31st, 2010Big news: mortgage rates halt increase
December 24th, 2010After over a month of continually rising rates that pushed mortgage rates to six month highs, new home loans and refinance mortgage applicants saw slightly lower rates this past week.... Read More
Mortgage applications drop as rates jump
December 17th, 2010
Concerned about higher deficits and more government spending bond investors continued selling this week, pushing rates higher. Following the political action as the 111th Congress comes to an end, markets... Read More
Mortgage rates jump on politics, not economics
December 11th, 2010
Weekly summaries of economic data and their interpretations can assist you with your mortgage decisions using mortgage calculators. What impacts mortgage rates when there is little economic news? This week... Read More
Refinance mortgage applications plunge on rising mortgage rates
December 03rd, 2010
Economic news appears to have taken a back seat to investor foreshadowing. News that should bring lower rates instead sees rates climb. Refinance calculators should be getting a workout as... Read More
Purchase mortgage applications rise on increased consumer confidence
November 26th, 2010
While Americans gave thanks and took a national holiday on Thursday the economy did not stop. Economies never stop. Mixed reports had an impact on mortgage rates this week. Mortgage... Read More
Mortgage rates show biggest one week hike of the year
November 19th, 2010
If you have been using mortgage calculators to determine your monthly savings from a mortgage refinance or the balance of your new home loan, time to plug in a higher... Read More
Mortgage rates climb on international reaction to Fed news
November 12th, 2010
While President Obama concluded his Asian trip with the G20 economic summit in Seoul, South Korea, mortgage rates climbed at home. Proving the connectivity of the global economy, foreign leaders... Read More
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