Tag Archives: Mortgage Rates

What’s Ahead For Mortgage Rates This Week : February 22, 2010

Mortgage markets had a terrible, holiday-shortened week last week as Wall Street responded to worse-than-expected inflation data and action from the Federal Reserve.  Mortgage bonds sold off w......

45-Day Interest Rate Prediction

Bottomline: We will see Conventional 30-Year Fixed rates at 4.75% (APR 4.778%) and 5-Year Adjustable Rates around 3.75% (APR3.809%) sometime within the next 45 days for the most qualified borro......

Mortgage Rates Spike On The Federal Reserve’s January 2010 Meeting Minutes

Mortgage markets reeled Wednesday after the Federal Reserve released the minutes from its January 26-27, 2010 meeting. Mortgage rates in IL are now at their highest levels since the start of t......

What’s Ahead For Mortgage Rates This Week : February 8, 2010

Mortgage markets improved last week on domestic jobs data and international banking concerns. The news triggered buying in the bond market and, as a result, conventional, FHA and VA mortgage r......

Retail Sales Dropped In December And Now So Are Mortgage Rates

Mortgage rates are dropping this morning on weaker-than-expected Retail Sales data from December. Lower rates means more bang for your home-buying buck. Excluding motor vehicles and parts, De......

The Bad Jobs Report Wasn’t All Bad — Mortgage Rates Fell

Despite the headlines, it’s important to remember that December’s jobs report wasn’t all bad news.  Sure, the economy shed 85,000 jobs last month and the Unemployment Rate fa......

What’s Ahead For Mortgage Rates This Week : December 28, 2009

Mortgage markets made a 4-day losing streak last week on thin holiday volume and overall economic optimism. It was awful news for rate shoppers in IL because mortgage rates were higher every d......

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