Mortgage Rates Rose for the First Time in Three Weeks Last Week

September 19, 2011

Mortgage rates rose for the first time in three weeks last week, pushing conforming and FHA mortgage rates off their all-time, historical lows

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15-Year Fixed vs 30-Year Fixed Mortgages

September 16, 2011

If you’ve ever considered a 15-year loan term, it’s a terrific time to talk to your lender. According to Freddie Mac’s weekly mortgage rate survey, the 15-year fixed rate mortgage is at its lowest point in history.

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Foreclosure Filings are Down but New Default Notices Are on the Rise

September 15, 2011

On an annual basis, foreclosure filings fell last month. On a monthly basis, they did not.

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How to Capitalize on Low Interest Rates in Overlooked Places

September 14, 2011

It’s no secret. Rates are low right now. And, it’s not just mortgage rates, either — all types of rates are scraping rock-bottom. Borrowing rates, lending rates and savings rates are at or near their all-time lowest levels.

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Adjustable-Rate Mortgages are Beginning To Adjust Higher

September 13, 2011

For the first time in a year, homeowners with adjusting mortgages are facing rising mortgage rates.

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Mortgage Rates Start Out the Week Lower Than They’ve Ever Been

September 12, 2011

Very Little New Data Releasing This Week There isn’t much new data set for release this week so market expectations will continue to set the direction in which mortgage rates go. If concerns for a Eurozone default rise, mortgage rates should fall. Conversely, if Eurozone chatter settles, mortgage rates should rise. For now, mortgage rates […]

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Eurozone Troubles Continue to Help Out Mortgage Rates Here in the U.S.

September 12, 2011

Mortgage markets improved last week as a weakening Eurozone and questions about the U.S. economy sparked a global flight-to-quality. Conforming and FHA mortgage rates improved for the second week in a row.

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Home Values Rose In June 2011

September 2, 2011

The June 2011 Case-Shiller Index reading posted strong numbers across the board, with each of the index’s 20 tracked markets showing home price improvement from May.

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A Rise in Cancelled Contracts Could Mean Better Deals for Home Buyers

August 30, 2011

After 3 straight months of gains, the Pending Home Sales Index slipped 1 percent in July.

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Rates Figure to be Equally Jumpy This Week

August 29, 2011

Full Calendar of Data Set to Release With a full slate of economic data, because of Labor Day, bond markets will be light on volume. When volume is light, pricing gets volatile. The week’s calendar of data includes: Monday : Pending Home Sales Index; Personal Income and Outlays Tuesday : FOMC Minutes; Fed President Kocherlakota speaks […]

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