Mortgage interest rates fell to their lowest point in 10-months, according to data from Freddie Mac. The average rate on a 30-year fixed-rate mortgage dropped to 4.41% with an average 0.4 point, down from 4.46% the week before and 4.32% one year earlier.
Feb 12, 2019 | Mortgage News
Bad news is good news for the U.S. Bond market and mortgage rates. This past week, bad news by way of worse than expected economic numbers in Europe cast a dark shadow on the financial markets. As a result, U.S. home loan rates ticked down to the best lev
Feb 11, 2019 | Mortgage News
The pace of U.S. home price appreciation continued to slow in December, according to data from CoreLogic, with prices rising 4.7% compared with the year before and just 0.1% from November. Home price growth slackened significantly in the second half of 20
Feb 06, 2019 | Mortgage News
The Fed met this past week. As expected, they didn't hike rates and the Fed Statement was very "dovish," suggesting that rate hikes will be off the table for most, if not all, of 2019. The Fed looked to "muted inflation" and slowi
Feb 01, 2019 | Mortgage News
The partial government shutdown ended last Friday so the delay of sales of newly built homes for November was reported today with a big number. November New Homes Sales jumped 17% from October to an annual rate of 657,000 units, well above the 555,000 exp
Jan 31, 2019 | Mortgage News
Home loan rates finished this week near unchanged and remain near 9-month lows - so we have that going for us. Most of the week's news was pretty bond friendly, including Brexit uncertainty, ongoing Government shutdown, ongoing US/China trade dispute
Jan 18, 2019 | Mortgage News
