Home Loan Rates Remain Low
The Week in Review: Mortgage interest rates were down about .125% last week as European leaders were unable to agree upon a clear cut solution to Europe’s financial crisis. What to Expect: Uncertainty overseas continues to assist in helping keep home loan rates low. Europe’s trials and tribulations will be the financial market’s wild card…
Homebuyer Rate Update
The Week in Review: It was a volatile week for mortgage interest rates as economic news reports toggled back and forth from optimistic to pessimistic. On the week, home loan rates moved slighted higher. What to expect: This weekly rate update has been like a broken record over the last month. Again this week, the…
Mortgage Rate Update
The Week in Review: Last Friday’s Jobs Report showed that 80,000 new jobs were created in October. While increasing the number of jobs is good, the report came in below expectations. On the week, mortgage interest rates ended unchanged. What to expect: It is a slow week for scheduled economic reports. News from Europe once…
Smyrna Vinings Rate Update
The Week in Review: The past few weeks we have experienced significant day-to-day interest rate fluctuations and have advised locking-in short term transactions. The trend continued the past week ending with home loan rates about .125% higher. What to Expect: The schoolyard brawl taking place in Washington to hammer out a debt ceiling resolution continues…
Mortgage Rate Update
The Week in Review: Home loan rates ended the week unchanged to slightly lower. The debt ceiling debate captured most of the headlines. What to Expect: This week our leaders on capital hill will continue to argue about the debt ceiling. Once again, debt concerns overseas will continue to play a role in interest rate…
Smyrna Vinings Mortgate Rate Update
The Week in Review: It was a good week for home loan rates. Interest rates moderately decreased during the week due to Fed Chairman Ben Bernanke stating that the economy was experiencing temporary sluggishness and long-term inflation was subdued. Rates ended the week down almost .125%. What to Expect: Interest rates are approaching the best…