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 loan interest rates moved lower last week after receiving several lackluster economic reports. Rates decreased about .125% on the week. What to Expect: This week could be significant to the future direction of mortgage interest rates. It’s all about the Fed. The Federal Open Market Committee (FOMC) meeting begins today…
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…
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…