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Case Shiller Price Index Shows Home Prices Are Still Increasing

Posted on August 28, 2013 by admin

Home prices are still rising, but at a slower pace according to the S&P Case-Shiller Home Price Indices for June. Home prices for the cities surveyed in the HPI rose by 12.10 percent on an annual basis as compared to May’s reading of 12.20 percent. Continue reading →

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What’s Ahead For Mortgage Rates This Week – August 26, 2013

Posted on August 26, 2013 by admin

Last week brought mixed economic news, but Leading Indicators released Thursday suggest that the U.S. economy is growing at a moderate rate. Continue reading →

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What’s Ahead For Mortgage Rates This Week – August 19, 2013

Posted on August 19, 2013 by admin

Last week wasn’t kind to stock market investors, but weekly jobless claims fell to an unexpected low of 320,000 new jobless claims filed was its lowest level in nearly six years. Average mortgage rates were mixed, but inched upward. Continue reading →

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Whatever You Do, Don’t Make These Common Mortgage Mistakes

Posted on August 14, 2013 by admin

Are you applying for a mortgage on your home? Keep in mind that a mortgage is a major financial decision and choosing one will have a significant impact on the rest of your life. Continue reading →

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What’s Ahead For Mortgage Rates This Week – August 12, 2013

Posted on August 12, 2013 by admin

Highlights of economic news from last week, include a survey of senior loan officers from U.S. and foreign banks doing business in the U.S. indicated that banks were gradually easing lending standards for business and consumer loans, but viewed lending criteria for home loans as more restrictive than other types of loans. Continue reading →

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Case Shiller Home Price Index Shows Rising Prices For May 2013

Posted on July 31, 2013 by admin

The S&P/Case-Shiller Home Price Index (HPI) released Tuesday presented solid evidence that the housing recovery continued during May. Continue reading →

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What’s Ahead For Mortgage Rates This Week – July 29, 2013

Posted on July 29, 2013 by admin

New home sales surpassed expectations and consumer sentiment rose for July; these readings among others suggest that the economy continued to improve and that consumer confidence in the economy improved as well. Continue reading →

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What Should You Do To Prepare For Your Mortgage Application

Posted on July 26, 2013 by admin

If you are applying for a mortgage to buy a home, doing your homework in advance before you submit the application means that you will stand a better chance of getting accepted at a desirable mortgage rate. Continue reading →

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What’s Ahead For Mortgage Rates This Week – July 15, 2013

Posted on July 15, 2013 by admin

The Fed’s release of the minutes for the June FOMC meeting was the most noteworthy economic event last week; the minutes repeated the Fed’s recent statement concerning the wind-down of its current monetary easing policy. Continue reading →

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FOMC Minutes Reveal Fed May Curb Economic Support Program Before Year End

Posted on July 11, 2013 by admin

The minutes for June’s meeting of the Federal Open Market Committee (FOMC) suggest that committee members are mostly in agreement that the current quantitative easing program (QE) should begin winding down by year end. Continue reading →

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