Smyrna Home Buyer Rate Update
The Week in Review: Home mortgage interest rates moved through most of the week at multiple year highs. However, rates came down just a bit on Friday. On the week, mortgage rates moved marginally lower. What to Expect: The direction of mortgage interest rates over the next few weeks will be determined by economic data.…
Vinings Mortgage Rate Update
The Week in Review: After moving downward for a couple of weeks, mortgage interest rates began the climb upward once again last week. Rates ended close to .125% higher. What to Expect: This is a monster week with two market-moving events on the agenda. First, the monthly Fed meeting and interest rate decision could set…
Vinings Home Loan Rate Alert
The Week in Review: After an approximate 1% upswing in home loan rates over the past couple of weeks, interest rates stabilized and dropped about .125% by weeks end. Will they continue to drop? What to Expect: It’s an important holiday-shortened week for bond and mortgage markets. Fed Chairman Bernanke has targeted unemployment as one…
Vinings Home Loan Rate Update
The Week in Review: Home mortgage rates ended the week a bit lower than they started off. This is good news for prospective home buyers, but will it be a temporary improvement in a rising interest rate environment? What to Expect: IT’S ALL ABOUT THE FED! There are a number of important economic reports set…
Home Rate Update
The Week in Review: A weaker than expected Jobs Report pushed home mortgage interest rates slightly lower last week. The week was marked by wide swings in both directions. What to Expect: Overall, mortgage rates are going to start rising based on where we are in the economic cycle. Of course, we’ll see plenty of…
Vinings Home Rate Update
The Week in Review: Mortgage interest rates came down last week as the Fed announced they would keep short-term rates low through late 2014. European officials were unable to hammer out a resolution to Greece’s debt crisis which also helped rates move lower. On the week, home loan rates ended down about .125%. What to…