Seasonal Slowdown In Home Prices Boosts Affordability

Seasonal Slowdown In Home Prices Boosts Affordability The seasonal slowdown in home prices has combined with volatile mortgage rates and rising income to give a slight boost to affordability, but the trend from a year ago remains down. Housing affordability is up for the month of September in nationally with and 3 out of 4…

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National Mortgage Rates Decline! 12/12/2013

Mortgage Rates Decline For Second Consecutive Week Mortgage rates declined for the second consecutive week amid recent data showing softening in the housing market. Fixed mortgage rates are at their lowest levels since June. Mortgage rates have stayed down after reaching a four-month low last week, as investors kept their eyes on the Federal Reserve.…

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Intrests rates ready to explode higher?

  Interest rates remained relatively steady this past week, with an slight bias upwards.  However, here we are today on the eve of tomorrow’s July Employment report.  The MBS market is extremely nervous that tomorrow’s new jobs number will hit or even exceed 200K new jobs.  This is evidenced by a run up today of…

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