Smyrna Home Buyer Rate Update

The Week in Review: Home mortgage interest rates moved through most of the week at multiple year highs. However, rates came down just a bit on Friday. On the week, mortgage rates moved marginally lower. What to Expect: The direction of mortgage interest rates over the next few weeks will be determined by economic data.…

Rate Alert for Smyrna Homebuyers

The Week in Review: It was a rough week for mortgage interest rates. Positive economic news continued to fuel the fire that the Fed would taper the bond purchase plan sooner than later. Rates climbed .25% to .375% on the week. What to Expect: Economic reports will not be a factor this week. Instead, the…

Vinings Mortgage Rate Update

The Week in Review: After moving downward for a couple of weeks, mortgage interest rates began the climb upward once again last week. Rates ended close to .125% higher. What to Expect: This is a monster week with two market-moving events on the agenda. First, the monthly Fed meeting and interest rate decision could set…

Smyrna Homebuyer Rate Alert

The Week in Review: Home mortgage interest rates came down a hair last week as Fed Chairman Bernanke attempted to calm the markets by stating accommodative monetary policy will remain in place for the foreseeable future. Rates moved down about .125%. What to Expect: There are a number of economic reports on tap for the…

Vinings Home Loan Rate Alert

The Week in Review: After an approximate 1% upswing in home loan rates over the past couple of weeks, interest rates stabilized and dropped about .125% by weeks end. Will they continue to drop? What to Expect: It’s an important holiday-shortened week for bond and mortgage markets. Fed Chairman Bernanke has targeted unemployment as one…

Smyrna Mortgage Rate Alert

The Week in Review: When Bernanke speaks, the markets listen (and react!). Fed Chairman Ben Bernanke announced the Fed would begin to taper the bond purchase plan this year and likely end the program by mid-2014. The markets were expecting comments about the future of the stimulus plan but were not prepared for such a…