Tag Archives: mortgage rates

Low rates may linger — or not

Posted on March 8, 2011 by

Mortgage interest rates peaked about month ago and have been on a downward trend since then. This week, rates may flatten out as investors weigh the latest economic data and try to suss out whether the recovery is in fact faltering or picking up steam…. Continue reading →

Posted in Mortgages | Tagged , , , | Comments Off on Low rates may linger — or not

Fannie, Freddie to raise rates

Posted on February 17, 2011 by

Borrowers, get ready for higher interest rates on new conforming mortgages.
It’s no secret that rates have already risen as the outlook for the U.S. economy has brightened in recent weeks. But rates on some new home loans are also set to go up regardle… Continue reading →

Posted in Mortgages | Tagged , , , | Comments Off on Fannie, Freddie to raise rates

Ouchy jobs report

Posted on February 4, 2011 by

A brutal employment report today bodes well for mortgage rates. Borrowers, rejoice in the bad news!
The economy added 36,000 jobs in January, according to the Labor Department. Private nonfarm employers added by 50,000 jobs, while government jobs shran… Continue reading →

Posted in Mortgages | Tagged , , | Comments Off on Ouchy jobs report