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…
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…
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…
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…
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…