Smyrna Vinings Rate Update
The Week in Review: The past few weeks we have experienced significant day-to-day interest rate fluctuations and have advised locking-in short term transactions. The trend continued the past week ending with home loan rates about .125% higher. What to Expect: The schoolyard brawl taking place in Washington to hammer out a debt ceiling resolution continues…
Smyrna Vinings Mortgage Rate Update
The Week in Review: Home mortgage rates ticked lower last week as the Fed announced they were lowering the forecast for the 2011 Gross Domestic Product and admitted the economic recovery was coming along slower than anticipated. What to Expect: The upcoming week is another busy one for scheduled economic reports. We’ll get reports on…
Smyrna Vinings Mortgate Rate Update
The Week in Review: It was a good week for home loan rates. Interest rates moderately decreased during the week due to Fed Chairman Ben Bernanke stating that the economy was experiencing temporary sluggishness and long-term inflation was subdued. Rates ended the week down almost .125%. What to Expect: Interest rates are approaching the best…
Smyrna Vinings Mortgage Rates
The Week in Review: The news of the week was interest rate friendly. Economic reports for the week showed low inflation and slow hiring. These reports helped home loan rates decrease by about .125%. What to Expect: This week started out with the credit ratings firm Standard and Poor’s cutting their credit outlook on…
Smyrna Vinings Mortgage Rate Update
The Week in Review: Market movements last week were primarily a result of the reactions to the earthquake and tsunami in Japan and unrest in the Middle East. Interest rates improved by the middle of the week but were unable to stay at those levels. On the week, home loan rates decreased by about .125%.…
Smyrna Vinings Mortgage Rate Update
The week in Review: It was finally a good week for mortgage rates. After a 10 day stretch of increasing rates through February 10th, interest rates were able to regain some ground. On the week, rates improved about .125%. What to Expect: We talked about the recent rate increases last week and said home loan…