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 –…
Vinings Homebuyer Loan Rate Update
The Week in Review: We saw very little change in home mortgage interest rates last week. Friday’s employment report was weak, but most discounted the report due to an unusually cold winter. What to Expect: Most economists called for higher mortgage rates in 2014; however, rates have moved lower so far this year. Has the…
Smyrna Vinings Home Loan Rates Update
The Week in Review: The December jobs report surprised the markets last Friday with a much lower than expected number of job gains. The report helped mortgage interest rates drop from multiple year highs. What to Expect: The drop in rates continued into this week. However, it would not be wise to see this as…
Smyrna Homebuyer Home Loan Rate Update
The Week in Review: After increasing for the previous couple of weeks, home mortgage interest rates declined last week. Lackluster economic reports and comments from Janet Yellen caused mortgage rates to drop by approximately .125% on the week. What to Expect: This week is packed with economic reports which pull the market either direction. We…
Rate Update Smyrna Homebuyers
The Week in Review: Mortgage interest rates pushed higher last week as the debt ceiling deadline approaches. What to Expect: Once again this week the debt ceiling issue will be the main driver of mortgage rates. Several scheduled economic reports will not be released because of the ongoing government shutdown. At this point, multiple outcomes…
Vinings Homebuyer Rate Alert
The Week in Review: Home mortgage interest rates continued the uphill climb last week. Mostly positive economic news pushed rates higher by approximately .125% What to Expect: Expect volatility. It’s a big week with numerous economic reports, a congressional vote on Syria and treasury auctions taking place all week. There are too many variables this…