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.…
Mortgage Rate Update
The Week in Review: Home mortgage interest rates decreased about .125% last week as no progress was made on the Fiscal Cliff issues and debt crisis continued in Europe. What to Expect: The Fiscal Cliff is the driver in the market right now. It is hard to imagine a significant change in the rate environment…
Interest Rate Update
The Week in Review: Mortgage interest rates were unchanged last week. What to Expect: The big event of the week will be Friday’s Jobs Report. Employment numbers have been showing improvement for several months in a row. Will the trend continue? If so, home loan interest rates could move upward. European economic concerns continue to…
Vinings Home Rate Update
The Week in Review: Mortgage interest rates came down last week as the Fed announced they would keep short-term rates low through late 2014. European officials were unable to hammer out a resolution to Greece’s debt crisis which also helped rates move lower. On the week, home loan rates ended down about .125%. What to…
Smyrna Vinings Rate Update
The Week in Review: Mortgage interest rates edged higher last week by .125% to .25%. News from Europe combined with reports that showed inflation higher than expectations caused the increase. What to Expect: Tuesday night we will hear the President’s State of the Union address and then Wednesday the Fed will releases its policy statement.…
Homebuyer Rate Update
The Week in Review: It was a volatile week for mortgage interest rates as economic news reports toggled back and forth from optimistic to pessimistic. On the week, home loan rates moved slighted higher. What to expect: This weekly rate update has been like a broken record over the last month. Again this week, the…