interest rates: Volatile Week in the Market
- 08/29/15 09:12 AM
Over the past week, mortgage rates were pushed and pulled by unusually large movements in global stock markets. The economic data had little impact. After a volatile week, mortgage rates ended just a little higher. Concerns about slowing global economic growth, particularly in China, caused the U.S. stock market to decline sharply early in the week. However, with stocks at much lower prices, buyers stepped in later in the week, erasing the week's earlier losses. While the magnitude of the moves were relatively smaller, a similar pattern was seen in mortgage rates. They dropped early in the week and then gave back … (1 comments)
interest rates: Inflation Outlook Helps Rates
- 08/22/15 03:25 AM
The Fed Minutes released on Wednesday had a positive impact on mortgage rates. In addition, concerns about the pace of global economic growth reduced inflation expectations, which also was favorable for mortgage rates. As a result, mortgage rates ended lower. … (0 comments)
interest rates: Say Goodbye to Low Mortgage Rates
- 07/17/15 11:05 AM
WE HAVE HEARD IT FOR SEVERAL MONTHS NOT THAT THE DAYS OF SUB 4% RATES MAY SOON BE GONE. BUT CONSUMERS WILL LIKELY SEE MORTGAGE RATES HIKE IN THE NEAR FUTURE FOLLOWING A DECISION BY THE FEDERAL RESERVE TO RAISE FEDERAL FUND RATES LATER THIS YEAR – THE FIRST BUMP IN RATES IN ALMOST 10 YEARS. BUT WILL RECENT ECONOMIC EVENTS IN GREECE, CHINA, AND PUERTO RICO POSTPONE THESE INCREASES? AS A RESULT, MANY BUYERS ACROSS THE STATE AND NATION ARE BEGINNING TO SCRAMBLE TO GET INTO NEW HOMES BEFORE THESE HIGHER RATES HIT. ARE YOU READY TO BUY?
Over the past week, mortgage rates were pushed and pulled by unusually large movements in global stock markets. The economic data had little impact. After a volatile week, mortgage rates ended just a little higher. 
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