The average mortgage rate movement has been getting a lot of attention in the first few weeks of 2013 because it is doing something that hasn’t happened for years. It’s going upward. This rate behavior is causing people to now … Continue Reading
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The average mortgage rate movement has been getting a lot of attention in the first few weeks of 2013 because it is doing something that hasn’t happened for years. It’s going upward. This rate behavior is causing people to now … Continue Reading
With housing prices finally increasing from the depths of recession that began in 2008, and the recovery in real estate seeming to gain legs and walk for a change, many people are asking the question as to whether 2013 is … Continue Reading
As of Thursday, January 31, mortgage rate averages dropped back from their highs earlier in the week to settle a little bit. The job report revision that came out Friday morning from the federal government is expected to provide a … Continue Reading
Since 2008, many homeowners who bought into home ownership and real estate at the height of the market have since seen their property values plummet, far lower than many borrowed to purchase those homes in the first place. While many … Continue Reading
When employment reports show an improvement in the labor picture, it tends to have an effect on mortgage rates since the implication is that more people will have income to buy homes. As a result, when various economic data reports … Continue Reading
Given that Monday was a holiday for Martin Luther King, Jr.’s birthday, the markets were closed and the falldown from the end of last week wasn’t followed up right away. Instead, everyone got a little bit of extra time to … Continue Reading
Mortgage rates finally realized the spike that so many had been waiting for through December and the beginning of January, moving upward Thursday to place the 30-year fixed rate at 3.5 percent, a significant move from the 3.375 percent pattern … Continue Reading