Mortgage Rates, which way to go?
The Week in Review: Mortgage interest rates moved higher by about .25% by mid-week but turned right around and moved back down by Friday. On the week, home loan rates were basically unchanged. What to Expect: Will there be new developments this week in Europe? There was some positive news and some negative news last…
Smyrna Vinings Rate Update
The Week in Review: What a week. Investors turned sour on the stock market and set it into a free fall. Money coming out of the stock market was invested in bonds and that helped mortgage rates decrease .125% to .25%. However, the biggest news item of the week came after the markets were closed…
Smyrna Vinings Mortgage Rate Update
The Week in Review: Interest rates moved a bit lower last week as economic reports continued to show a struggling economy. Home loan rates dropped almost .125%. What to Expect: It’s a fairly quite week for economic reports. This week interest rates will vary based on the outcomes of Treasury auctions beginning on Tuesday and…
Smyrna Vinings Mortgage Rate Update
The Week in Review: After hitting the highest levels in a year, interest rates have come back down for a second week in a row. The improvement in rates can largely be attributable to the escalating conflict in the Middle East. Home loan rates came down about .125% during the week. What to Expect: While…
Smyrna Mortgage Rate Update: Week of June 1, 2010
The Week in Review: Home loan rates ended the week just a hair higher than where they started out. However, the month of May was a great month if you were hoping for rates to go down. What to Expect: News from around the globe will once again drive the markets. Recently, credit rating services…