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Tag Archives: Mortgage Rates

Purchase Apps Up, Refis Down

Market indicators showed that mortgage applications fell for the third straight week, along with refinance applications. However, the purchase market is showing signs of growth.

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A Good Day for Treasuries

Treasury yields are commonly linked to mortgage interest rates, and Friday saw a drop in yields for the 10-year, 30-year, and 2-year bonds in anticipation of speeches given by Esther George, President and CEO of the Federal Reserve Bank of Kansas City, and Patrick Harker, President and CEO of the Federal Reserve Bank of Philadelphia.

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Mortgage Apps Dip Down

Over the last week, mortgage applications have dipped more than 2 percent, a new survey shows. But just how much have they dropped—and will it continue?

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Low Rates, Low Sales

Mortgage rates have been low for a while now, but consumers still aren’t buying. What is keeping potential homeowners out of the market, and what can be done to bring them back in?

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Up, Up and Away

Mortgage rates are on the rise yet again, according to a new Index released this morning. How far can they go?

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What Will Buyers Pay at Todays Mortgage Rates?

As mortgage rates fluctuate, especially in the current market, buyers get a better idea on if it is time to get a mortgage or if they should hold off a little longer. In Bankrate’s mortgage report, they explain what rates are currently, how much the buyer will pay at the current rate, and which mortgage is a good fit for the buyer. Take a look at where rates currently stand.

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What’s Causing Unusual Buying Patterns?

Where declining home sales normally would be a positive for potential buyers going into the height of buying season, this summer, it’s a negative. See why buyers are being “sidelined” and what potential mortgage payments would be in the current climate.

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Slight Uptick in Rates, But Not as Much as Expected

The Federal Reserve’s decision to raise rates left some wondering what would happen with mortgages. In a recent report they raise the question “Why did rates go up?” and more importantly “Why didn’t they go up more?” Industry experts weigh in.

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Fed Expected to Raise Interest Rates: Or Will They?

Federal Open Market Committee is set to finish its June meeting on Wednesday and it is widely expected that they will raise interest rates in order to keep the economy stabilized, even though inflation remains around 2 percent. In May, when they last met, members of the board chose to keep interest rates at their current level. Will this mean anything for mortgage interest rates? One expert believes it might not impact the mortgage market at all.

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