What’s up with Home Loan Rates?

The Week in Review:

Home mortgage interest rates marginally decreased this week as the upheaval in the Ukraine has become more of a market force than US economic indicators. Rates moved almost .125% lower.

What to Expect:

It is an interesting week for economic data. The biggest report of all, the monthly Employment Report – comes out Friday. There are multiple other reports on tap as well, including personal spending and manufacturing reports.

The developments oversea will continue to shape the markets. However, recent economic data has been favorable. If the global fear subsides this week, home loan rates might move higher. Our recommendation is to lock in transactions.

For transactions closing in:

Next 15 Days: Lock

Next 30+ Days: Lock

Courtesy of:

Bob Bregitzer
Southeast Mortgage

Click here to start your Smyrna Vinings home search.

[where: 30339]


About the Author ()

Aaron Hofmann is the founder of SmyrnaVinings.com and also a Realtor with Atlanta Communities focused on the Smyrna real estate market and the Vinings real estate market. Aaron is a transplant from the Midwest (amazingly not a native Atlantan) and has lived in the Smyrna Vinings area for over 10 years. Find Aaron Hofmann on Google+

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