As the new year begins, there are no shortage of stories telling us what to expect in 2012.
Tag Archive: Mortgage Rates
Florida Mortgage Update for the Week of March 14, 2011
Wall Street continued its flight-to-quality last week. Mortgage-backed bonds are now at their best levels since early-February. Mortgage rates have improved 4 straight weeks.
Loan Fees Set To Rise For Conforming Mortgage Applicants
Beginning April 1, 2011, Fannie Mae is increasing its loan-level pricing adjustments. Conforming mortgage applicants should plan for higher loan costs in the months ahead.
Florida Mortgage Update for the Week of February 28, 2011
Mortgage rates dropped last week, but, this week, there appears to be more reasons for rates to rise than fall. Plan accordingly.
Florida Mortgage Update for the Week of February 22, 2011
For just the second time in 2011, conforming mortgage rates fell on a week-to-week basis.
Florida Mortgage Update for the Week of February 14, 2011
According to Freddie Mac, mortgage rates made their largest 1-week jump in more than a year last week, tacking on 0.24 percent and bringing the average national 30-year fixed mortgage rate up to 5.05%. In some markets, rates are even higher.
Florida Mortgage Update for the Week of February 7, 2011
Mortgage rates rose for the 4th time in 5 weeks last week, extending a losing streak which dates back 4 months. This week, they should do the same.
Florida Mortgage Rate Update for the Week of January 31, 2011
Mortgage markets improved this week as positive economic data was overshadowed by geopolitical strife. A flight-to-quality drove buy-side activity in mortgage bond markets, which, in turn, helped conforming rates fall.
The Fed Meets Today. What It Means To Mortgage Rates.
The Federal Open Market Committee begins a 2-day meeting today in Washington D.C. It’s the group’s first meeting of 2011 — one of 8 scheduled for the year.
Florida Mortgage Update for the Week of January 24, 2011
Mortgage markets worsened last week in a holiday-shortened trading week. For the second straight week, conforming and FHA mortgage rates increased.
