Conforming mortgage rates rallied from Wednesday through Friday’s close, ending the week near all-time lows set earlier this year. [...]
|
||||||
|
The outlook for the U.S. economy improved last week, taking the mortgage bond market with it. For the first time this year, conforming mortgage rates rose from one week to the next. [...] According to Freddie Mac’s weekly mortgage rate survey, the average 30-year fixed rate mortgage rate fell to 3.89% nationwide. This week, the Eurozone will determine whether rates rise or fall. [...] Mortgage markets improved last week, pushing mortgage rates lower for the second straight week. [...] Mortgage markets improved last week during a holiday-shortened trading week. [...] Mortgage markets worsened last week on renewed optimism from the Eurozone, additional evidence of a U.S. economic recovery, and ongoing strength in housing. [...] The Federal Open Market Committee meets this week. Mortgage rates could get volatile. [...] Mortgage markets made little change last week for the fifth time in as many weeks. [...] Expect mortgage rates to be volatile this week. Your quoted mortgage rates could vary by as much as a quarter-percent from day-to-day. [...] Mortgage markets improved last week on worries that Eurozone leaders would decline to send aid to Greece. These concerns overshadowed optimism for the U.S. economy, the result of several strong data points. [...] |
||||||
|
Copyright © 2012 Texas Mortgage Corner - All Rights Reserved |
||||||