Posted To: Mortgage Rate Watch The monthly Employment Situation Report was released at 8:30am this morning, with much better-than-expected results. Stocks rallied sharply and most every interest rate in fixed-income markets moved higher. The economic optimism created by this sort of data tends to increase demand for riskier investments like stocks and lower demand for [...]
Posts Tagged ‘Rates’
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Mortgage Rates Hit New Lows Again
February 3rd, 2012 
admin Mortgage rates once again inched lower this week, lowering the cost of borrowing and increasing housing affordability. View full post on Daily Real Estate News Share and Enjoy:
Bernanke Defends Keeping Rates Low for 3 More Years
February 3rd, 2012 admin Some lawmakers questioned Thursday the Federal Reserve’s move to keep interest rates low until 2014, saying it brings a risk of higher inflation and stymies economic growth. View full post on Daily Real Estate News Share and Enjoy:
Average Mortgage Rates Ease Setting New Record Lows
February 3rd, 2012 admin In Freddie Mac’s results of its Primary Mortgage Market Survey®, the average mortgage rates dropped to new all-time record lows as data on economic growth fell short of market projections. All products in the PMMS survey, except the 1-Year ARM, averaged new lows. View full post on Realty Times Real Estate News Channel Share and [...]
Record Low Rates Likely to Hold
February 2nd, 2012 admin Most mortgage rates fell to the lowest levels ever recorded, and it looks like they could hang near those lows through next week. The one exception is the one-year adjustable-rate mortgage. The 30-year mortgage, 15-year mortgage and five-year, Treasury-indexed, hybrid adjustable-rate mortgage all fell to record lows. This week’s Treasury Market data suggests rates are [...]
