incline village mortgages: Lake Tahoe Mortgage Rate Trends & Incline Village Mortgage Rate Trends
- 05/19/14 12:17 AM
Very little obvious change in this past week's economic indicators. International currencies continued to move in close proximity with one another; interest rates barely budged; the most influential mortgage rates moved hardly at all (again); and the minimal changes to monthly retail sales data told us little.
The MBA figures for mortgage applications, though they didn't move much from last week, nonetheless suggested that the greater number of applications we've seen over the past two weeks aren't just an anomaly. We will watch to see if mortgage applications continue to rise-as they very well may, as suggested by … (0 comments)
incline village mortgages: Lake Tahoe Home Loans and Incline Village Home Loans
- 05/19/14 12:14 AM
This week brings us the release of only three pieces of relevant economic news in addition to the minutes from the most recent FOMC meeting. None of the economic data is considered to be highly important to the markets and mortgage rates, but they do carry enough significance to influence mortgage rates if they show a wide variance from forecasts. Tomorrow and Tuesday have nothing of importance scheduled, so look for stock movement to heavily influence bond trading and mortgage rates. Stock gains will probably pressure bonds and cause mortgage rates to move higher. If the major stock indexes show losses … (0 comments)
incline village mortgages: Mortgage Rate Trends in Incline Village & Lake Tahoe-February 14, 2014
- 02/14/14 02:41 AM
The numbers are still moving very little. Foreign currency values did climb a bit relative to the dollar, but only a little bit. The 6-month T-note is back up to 0.10%, which seems simply a move that takes it back to where it was before the latest interest rate spike. All seems pretty much returned to normal.
Sadly, mortgage applications continue to be weak, and there is no evidence of greater interest among potential buyers in pinning down a mortgage at today's lower rates.
There is, though, underlying strength in the broader economy, as strong productivity … (0 comments)
incline village mortgages: Mortgage Trends for Lake Tahoe Home Loans & Incline Village Home Loans
- 02/09/14 09:20 PM
This week brings us the release of three pieces of monthly economic data that is relevant to mortgage rates in addition to two Treasury auctions and semi-annual Fed testimony. All of the economic data is set for release the latter part of the week while the other events will take place during the middle days. One of the economic reports is considered highly important to the markets, but the others are not likely to be market movers. Even with a lack of factual data the first half of the week though, we have other events that are likely to cause a … (0 comments)
Financing Homes In California and Nevada since 1992.
Specializing in the Lake Tahoe and Truckee area.
Steve Peterson
Branch Manager
NMLS #245017
Sierra Pacific Mortgage
888-232-7687
;)
;)
