Rising Retail Sales and Consumer Confidence data hints that the days of 4 percent, 30-year fixed rate mortgages may be nearing its end.
Rising Retail Sales and Consumer Confidence data hints that the days of 4 percent, 30-year fixed rate mortgages may be nearing its end.
Mortgage rates are tough to pin down because, although the recession is over, everyday citizens aren’t spending like it is.
Florida mortgage rates will see a drop as consumers show a lack of confidence in our economy.
Conforming and FHA mortgage rates rose for the first time in 5 weeks last week, pulling mortgage pricing off its best levels of the year.
Consumer Sentiment has been on the rise since last February and it’s something to which Orlando home buyers should pay attention.
For the second straight week, the economic calendar is bare. Traders, once again, will be forced to rely on “gut” to make their trades.
In a down economy, it can be near impossible sometimes to keep a positive outlook. Consumer spending slows to a crawl, and excess inventory begins to collect dust As such, retailers have little choice but to drop prices in hopes of selling more product.
TweetSorry about the title… but what can I say? Bathroom humor is funny! Besides, I really did fill up my gas tank today! Thankfully, gas prices fell nationwide yesterday for the 78th consecutive day. Flowing down to roughly $1.81 per gallon, the average price at the pump is less than 50% what it…