Home Loan Rates on the Rise
The Week in Review: Thankfully, June is here. The month of May was not kind to mortgage interest rates. Overall, home loan rates moved up around .50%. What to Expect: With the rapid run-up in mortgage rates, will they come back down? The answer: It is possible. The underlying bond market needs a catalyst to…
Vinings Mortgage Rate Update
The Week in Review: Home loan rates once again move down to all-time lows. Mortgage rates moved about .125% lower as economic reports of the week pointed to a lackluster economy. What to Expect: First and foremost, mortgage rates are at unbelievable levels. It is time to act. The Fed is trying very hard to…
Mortgage Rate Update
The Week in Review: Home mortgage interest rates continued the climb uphill last week; the third week in a row. Mortgage rates went up about .125%. What to Expect: The recent climb in rates has happened for two reasons. First, there is a more relaxed feeling about the European debt crisis. Meetings of Euro leaders…