connecticut realestate: Connecticut Mortgage Rates April 19, 2010 - 04/19/10 07:08 AM
Connecticut mortgage rates improved last week. Oil prices continued to fall off the beginning of the week. Fortunately Connecticut mortgage rates improved nicely amid the tame inflation environment. Unfortunately that trend reversed mid week as oil prices spiked tied to a report which indicated supplies declines. Stocks also surged higher as earnings reports generally pleased investors. The DOW easily eclipsed the 11,000 mark.
Despite this, Connecticut mortgage rates still managed to improve by about 1/4 of a discount point for the week.
Leading economic indicators data Monday will set the tone for trading this week. The producer inflation data will be the most important release. … (1 comments)

connecticut realestate: Connecticut Mortgage Rates December 28, 2009 - 12/28/09 01:46 AM
Connecticut mortgage rates moved higher last week for refinancing, and home purchase. The bond market took a beating as stocks surged despite mixed data. Existing CT home sales in November rose a surprising 7.4%. However, revised gross domestic product figures showed the economy only grew 2.2%, which was weaker than the expected 2.8% mark. Personal income and outlays data came in weaker than expected helping a bit. Unfortunately, the thin trading conditions magnified the earlier losses and made it difficult to recover. For the week CT interest rates rose by about 1 3/8 discount points.
The Treasury auctions will take center stage next … (0 comments)