homeowner: Impeachment And Mortgage Rates
- 12/22/19 02:08 PM
A great question lately is this: Will mortgage rates change because of the impeachment of President Trump? This quick answer is probably not but the final say on that is still pending. As many of you know; mortgage rates can fluctuate based on economic reports, national or international events or political news that may have an impact on the economy. When it comes to mortgage rates it's imoportant to remember that mortgage rates originate in the Mortgage Backed Securities market (MBS). And to be clear; the Fed does not set mortgage rates. They have an influence over the bond markets but no direct … (2 comments)
homeowner: Mortgage News For Homeowners
- 01/27/19 09:06 AM
This Weeks Homeowner News: January 2019 has started with a bang in the mortgage industry as mortgage rates pushed down to levels not seen in nearly a year. While mortgage applications for both purchase and refinance transactions dropped significantly over the holidays they've rebounded back to more normal levels in January. Below is a brief overview of the homeowner news topics recently discussed at koloans.com. Home Sales Decline: The most recent home sales report showed one of the largest moves ever seen despite mortgage rates declining for the same period. Sales declined over 6% however the median sales price increased to $253,600.00. Why was … (9 comments)
A great question lately is this: Will mortgage rates change because of the impeachment of President Trump? This quick answer is probably not but the final say on that is still pending. As many of you know; mortgage rates can fluctuate based on economic reports, national or international events or political news that may have an impact on the economy.
;)
;)
