smyrna mortgages: Smyrna Mortgage Rate Update Week of October 14th
- 10/17/13 05:26 PM
The Week in Review: Smyrna mortgage interest rates pushed higher last week as the debt ceiling deadline approaches. What to Expect: Once again this week the debt ceiling issue will be the main driver of mortgage rates. Several scheduled economic reports will not be released because of the ongoing government shutdown. At this point, multiple outcomes are possible before the October 17th deadline. As a result, we suggest locking in and not taking the risk of a sharp increase in rates. Mortgage rates are still much lower than they were at the beginning of September – take advantage of it. … (0 comments)
smyrna mortgages: Smyrna Vinings Home Loan Rate Alert Week of September 16th
- 09/20/13 12:14 AM
The Week in Review: Smyrna Vinings home loan interest rates moved lower last week after receiving several lackluster economic reports. Rates decreased about .125% on the week. What to Expect: This week could be significant to the future direction of mortgage interest rates. It’s all about the Fed. The Federal Open Market Committee (FOMC) meeting begins today with the Fed announcement coming at 12:30 Wednesday. This is one clue tomorrow is a big day… The Fed announcement normally happens at 2:00. However, tomorrow the announcement is at 12:30 with a scheduled Q&A session afterwards. Hmmmm… How will the market react? … (0 comments)
smyrna mortgages: Vinings Mortgage Rate Update
- 09/11/13 08:27 PM
The Week in Review: Home mortgage interest rates continued the uphill climb last week. Mostly positive economic news pushed rates higher by approximately .125% What to Expect: Expect volatility. It’s a big week with numerous economic reports, a congressional vote on Syria and treasury auctions taking place all week. There are too many variables this week to consider “seeing what the market will do”. Be wise and lock in transactions. On the plus side, the CoreLogic housing index showed a 12.4 percent increase in year-over-year home prices which is still approximately 17 percent below peak prices. It’s a great time … (0 comments)
smyrna mortgages: Time to Lock your Smyrna Vinings Home Loans
- 01/31/13 04:15 AM
The Week in Review: The trend we have seen for the past several weeks remained intact last week. Stock market moving higher, bond yields increasing and home mortgage rates once again going up. On the week, rates moved higher about .125%. What to Expect: The current trend has been in place for a long period of time. I would expect the markets to take a breather and retract just a little, possibly bringing home loan rates down temporarily. However, the overall trend of rates moving higher this year is as predicted and should continue. This is a big week for … (1 comments)
smyrna mortgages: Vinings Mortgage Rate Update week of January 7th
- 01/10/13 04:35 PM
The Week in Review: Happy New Year! Home mortgage interest rates moved higher at the end of last week when the minutes of the Fed’s last meeting was released. The minutes revealed that most members of the Fed felt the mortgage-bond buying program (quantitative easing) would likely end in 2013. Rates moved up about .125% on the news.. What to Expect: It will be an interesting year. In addition to U.S. economic conditions, Europe’s debt crisis and resolutions on spending cut and debt ceiling issues will play a role this year. We avoided the fiscal cliff but Congress still has … (0 comments)
smyrna mortgages: Smyrna Vinings Mortgage Rate Update week of October 15th
- 10/19/12 01:03 AM
The Week in Review: We have several bits of good news items hit the wires last week putting pressure on Smyrna home mortgage interest rates. The unemployment rate surprisingly dropped and foreclosure activity declined to a five year low. What to Expect: It’s a big week for economic news. One of the most watched items will be Thursday’s announcement of Initial Jobless Claims data. If the new shows lower initial claims, it will support last week’s unemployment rate drop. We expect rates to move slightly higher in the short-term. For transactions closing in: Next 7 to 15 Days: Lock-in now. Inter-day … (0 comments)
smyrna mortgages: Smyrna Vinings Mortgage Rate Update week of October 1st
- 10/05/12 09:37 PM
The Week in Review: Home loan rates once again move down to all-time lows. Mortgage rates moved about .125% lower as economic reports of the week pointed to a lackluster economy. What to Expect: First and foremost, mortgage rates are at unbelievable levels. It is time to act. The Fed is trying very hard to stimulate the job market and the overall economy by providing additional stimulus. Once the economy ramps up, rates will move upward. We’ll see the monthly Jobs Report Friday. It is an important one for the financial markets and for the Presidential debates coming later in the … (0 comments)
smyrna mortgages: Lower rates offering unprecedented buying opportunity
- 05/16/12 01:42 PM
What's happening with Smyrna Vinings mortgage rates? The Week in Review: The Department of Labor’s Job Report showed that 115,000 were created. However, the market was expecting the report to show 130,000+ new jobs. The markets did not like the news causing home loan interest rates to come down slightly. What to Expect: Mortgage interest rates are currently at the lowest levels of all time. Interest rates have pushed lower because of limited job growth coupled with renewed concerns about debt issues in Europe. Mortgage rates have been close to these levels several times. Each time, rates have moved back … (0 comments)
smyrna mortgages: Smyrna Vinings Mortgage Rate Update for April
- 04/15/12 01:41 PM
Here's what you need to know about Smyrna Vinings mortgage rates. The Week in Review: We all know employment is the key to economic recovery and the Jobs Report is the most anticipated commentary of the month. So, when Friday’s Jobs Report came in much lower than expectations, it created significant market movement. On the week, mortgage interest rates were down about .125%. What to Expect Friday’s Jobs Report sends a loud message: we’re not out of this yet. This is a week where we have very little new economic data and the lingering taste of the poor Job’s … (0 comments)
smyrna mortgages: Smyrna Vinings Mortgage Rate Update for March
- 04/01/12 02:17 AM
Smyrna Vinings Mortgage Rates have been very volatile over the past couple weeks. The Week in Review: After a couple of weeks of moving upward, mortgage interest rates leveled off last week. Rates continued the move lower to begin the week but switched direction and ended the week unchanged. What to Expect There are plenty of scheduled economic reports and the Fed chairman will be speaking several times during the week. One of the biggest reports on the agenda is a report on inflation due out Friday. Lately, the talking heads have been discussing the possibility of higher inflation. This … (0 comments)
smyrna mortgages: Smyrna Vinings Mortgage Update
- 02/21/12 10:21 AM
Time for the Smyrna Vinings Mortgage Update The Week in Review: Mortgage interest rates inched up last week as better than expected economic news came from the housing, manufacturing and labor sectors. On the week home loan rates moved up about .125%. What to Expect: The trend the past few weeks have been a strengthening stock market and a weakening bond (including mortgage bond) market. With only a few scheduled economic reports in this holiday-shortened week, the markets may continue with the recent trend. The big news this week could be whether Greece can actually secure a bailout. If it … (0 comments)
smyrna mortgages: Smyrna Vinings Mortgage Rate Update January 2012
- 01/27/12 12:55 PM
The Week in Review: Mortgage interest rates edged higher last week by .125% to .25%. News from Europe combined with reports that showed inflation higher than expectations caused the increase. What to Expect: Tuesday night we will hear the President’s State of the Union address and then Wednesday the Fed will releases its policy statement. We don’t expect either event to have much impact on the markets. Barring news from Europe, any market movement this week will take place at the end of the week when the economic reports are scheduled for release. Did you know that your new mortgage is … (0 comments)
More good news… U.S. economic reports showed improvement the last quarter of 2011 and the biggest report of 2012 continued the trend. The Unemployment Rate fell to 8.5%, the lowest it’s been the past three years. On the week, home loan rates came down just a bit.
What to Expect:
Here is what you need to know for 2012 planning… Although recent economic reports have shown only modest improvement, the trend is encouraging and signs are pointing to … (0 comments)
smyrna mortgages: Homebuyer Mortgage Rate Update
- 11/17/11 03:14 PM
The Week in Review: It was a volatile week for mortgage interest rates as economic news reports toggled back and forth from optimistic to pessimistic. On the week, home loan rates moved slighted higher. What to expect: This weekly rate update has been like a broken record over the last month. Again this week, the markets will move more from events in Europe than from economic reports here in the US. News from Europe seems to be more confusing and conflicting each day which makes it close to impossible to predict a direction for interest rates. We have a … (0 comments)
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