Continuing concern about the pace of global economic growth was good for mortgage rates and negative for stocks this week. The major U.S. economic data and the Fed meeting were smaller influences, and mortgage rates ended the week lower. As expected, the Fed raised the federal funds rate by 25 ...
European Central Bank Ends Bond Purchases While a lot of volatility again was seen in the stock market, it was a relatively quiet week for mortgage rates. The major U.S. economic data came in on target, and there were no surprises from the European Central Bank. As a result, rates ended with litt...
Small Miss on Job Gains  Weekly Change Mortgage rates fell 0.08 Dow fell 800 NASDAQ fell 125 Weaker than expected U.S. labor market data and a reduced outlook for global economic growth were favorable for mortgage rates this week, and rates ended at the lowest levels in about two months.  Friday'...
Comparing Owning a Home Vs. Renting? One more Factor to Support Buying a House. The ongoing debate between renting and buying a home puts many people looking to get out on their own into stasis longer than it should. While it is always a good idea to weigh out the options on both sides of a decis...


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