Smyrna Vinings Home Loan Rates Update
The Week in Review: The December jobs report surprised the markets last Friday with a much lower than expected number of job gains. The report helped mortgage interest rates drop from multiple year highs. What to Expect: The drop in rates continued into this week. However, it would not be wise to see this as…
Mortgage Rate Update
The Week in Review: Mortgage interest rates remained relatively unchanged during the week. However, the upward pressure on rates remains intact. What to Expect: While the markets are closed Monday for President’s Day, the rest of the week contains market moving economic reports and releases. Wednesday the minutes from the Fed’s last meeting are released.…
Smyrna Vinings Mortgage Rate Update
The Week in Review: We all know employment is the key to economic recovery and the Jobs Report is the most anticipated commentary of the month. So, when Friday’s Jobs Report came in much lower than expectations, it created significant market movement. On the week, mortgage interest rates were down about .125%. What to Expect…