Home Loan Rates are hard to pass up
The Week in Review: The impressive decrease in home mortgage interest rates that began at the beginning of April continued last week. Once again, rates touched an all-time low as uncertainty in Europe continues to grow. What to Expect: It’s a fairly quiet week for scheduled Economic reports. We’ll see releases on Jobless Claims, Consumer…
Smyrna Mortgage Rate Update
The Week in Review: Mortgage interest rates were sitting at low-time lows this week. European debt woes have continued to control the economic spotlight and have prompted money from all over the globe to flow into the safety of the US bond market. Home loan rates decreased slightly during the week. What to Expect: Greece…
Smyrna Homebuyer Alert – Rates Drop
The Week in Review: The Department of Labor’s Job Report showed that 115,000 were created. However, the market was expecting the report to show 130,000+ new jobs. The markets did not like the news causing home loan interest rates to come down slightly. What to Expect: Mortgage interest rates are currently at the lowest levels…
Smyrna Vinings Mortgage Rate Update
The Week in Review: What a difference a week can make! Mortgage interest rates moved higher after last week’s Fed statement that the economy is improving and there is reason to believe inflation could pick up. Home loan interest rates increased by approximately .25% – the biggest weekly increase in a long time. What to…
Market Rate Update
The Week in Review: Mortgage interest rates inched up last week as better than expected economic news came from the housing, manufacturing and labor sectors. On the week home loan rates moved up about .125%. What to Expect: The trend the past few weeks have been a strengthening stock market and a weakening bond (including…
Home Rate Update
The Week in Review: More good news, U.S. economic reports showed improvement the last quarter of 2011 and the biggest report of 2012 continued the trend. The Unemployment Rate fell to 8.5%, the lowest it’s been the past three years. On the week, home loan rates came down just a bit. What to Expect: Here…