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Economic Update - No Surprises from the Fed

Published on: 08/29/2016

Investors were focused on just one thing over the past week: Friday’s speech from Fed Chair Janet Yellen. Continue Reading »

Economic Update - Mortgage Rates Holding Steady

Published on: 08/25/2016

Over the past week, shifting expectations for a Fed rate hike caused some volatility in mortgage rates, but little net change. The economic data had no significant impact. Continue Reading »

Economic Update - Fed Officials Appear Divided

Published on: 08/22/2016

Speeches from Fed officials caused some volatility in mortgage rates over the past week. The conflicting comments were mostly offsetting, however, and the net impact was small. Continue Reading »

Economic Update - Fed Officials Influence Rates

Published on: 08/18/2016

Fed officials were the main influence on mortgage rates over the past week. Recent economic data has been mixed and has had little net impact. Continue Reading »

Economic Update - Volatile Week

Published on: 08/15/2016

Many domestic and foreign factors influenced mortgage rates over the past week, and volatility was relatively high. Continue Reading »

Economic Update - Strong Employment Report

Published on: 08/08/2016

Mortgage rates improved following the Bank of England’s (BOE) announcement on Thursday of more economic stimulus. Continue Reading »

Mind Your Money - How to Appeal Your Property Taxes

Published on: 08/07/2016

The National Taxpayers Union (NTU) says that up to 60% of homeowners may be paying too much in property tax. Continue Reading »

Economic Update - Offsetting Influences

Published on: 08/04/2016

Over the past week, there were offsetting influences on mortgage rates. A relatively bond-friendly Fed statement and weaker-than-expected U.S. economic data were positive for mortgage rates. Comments ... Continue Reading »

Special Edition - Summer Fun

Published on: 08/02/2016

More than half of Americans say low gas prices are the reason they will travel this summer, according to AAA, North America’s largest motoring and leisure travel organization. Continue Reading »

Economic Update - Big Miss on GDP

Published on: 08/01/2016

A shortfall in Friday’s economic growth data was good for mortgage rates. Wednesday’s Fed meeting also was viewed as positive for mortgage rates. Continue Reading »

Economic Update - No Surprises from Fed

Published on: 07/28/2016

The biggest event of the week, Wednesday’s Fed meeting, was slightly positive for mortgage rates. Continue Reading »

Economic Update - No Change from ECB

Published on: 07/25/2016

The focus over the past week was on global central banks rather than economic data. The reaction to Thursday's European Central Bank (ECB) meeting was negative for U.S. mortgage rates, and rates ... Continue Reading »

Economic Update - Housing Starts Pick Up

Published on: 07/21/2016

The past week was quiet for mortgage rates. The reaction to recent economic data and to a failed coup in Turkey was small. Mortgage rates ended the week just a little higher. Continue Reading »

Economic Update - Stock Rally Hurts Mortgage Rates

Published on: 07/18/2016

A shift in preferences toward stocks and away from bonds was negative for mortgage rates over the past week. The economic data had little influence. Mortgage rates ended the week a little higher. Continue Reading »

Economic Update - Rates Move a Little Higher

Published on: 07/14/2016

Mortgage rates have declined significantly in the weeks following the Brexit vote on June 23. Over the past week, though, yields reached the point where they were viewed by investors as less ... Continue Reading »

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