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 Loan Rate Update
The Week in Review: Several good news items hit the wires last week putting pressure on home mortgage interest rates. The unemployment rate surprisingly dropped and foreclosure activity declined to a five year low. What to Expect: It’s a big week for economic news. One of the most watched items will be Thursday’s announcement of…
Mortgage Rate Update
The Week in Review: After a couple of weeks of moving upward, mortgage interest rates leveled off last week. Rates continued the move lower to begin the week but switched direction and ended the week unchanged. What to Expect There are plenty of scheduled economic reports and the Fed chairman will be speaking several times…