We recently received an email update from Debbie Benkert, Senior Loan Officer at 1st Mariner Mortgage in Bethesda. As a mortgage expert, she says she's often asked what interest rates are going to do. And just like anyone who does not have a crystal ball, shes says if she knew for sure what rates were doing, she'd […]
What’s Ahead For Mortgage Rates This Week – March 3, 2014
March 3, 2014 by
Last week’s economic news was mixed, with new home sales increasing and weekly jobless claims higher than expected.
Case-Shiller and FHFA home price reports reflected slower growth in home prices. Mortgage rates moved higher for the third consecutive week.
What’s Ahead For Mortgage Rates This Week – February 24, 2014
February 24, 2014 by
Last weekâs economic data supported recent reports indicating that housing markets are slowing, The National Association of Home builders/Wells Fargo Home Builders Index (HBI) dropped by 10 points to a reading of 46 for February.
What’s Ahead For Mortgage Rates This Week – February 18, 2014
February 18, 2014 by
Last week’s economic news was dominated by the first address by the new Fed chairperson, Janet Yellen.
Tuesday’s news included the Jobs Openings report for December 2013, which matched November’s reading of 4.0 million jobs available.
What’s Ahead For Mortgage Rates This Week – February 10, 2014
February 10, 2014 by
Last week’s mortgage and housing-related reports began with Construction Spending for December, with a reading of 0.10 percent or a seasonally adjusted $930.5 billion.
December’s reading fell short of an expected increase of 0.40 percent.
Hybrid Loans
February 9, 2014 by
Rich Godbout Senior Mortgage Loan Officer NMLS ID: 482307 6550 Rock Spring Drive Suite 100 Bethesda, MD 20817 Tel (240) 372-RICH (7424) Fax (240) 800-4557 rgodbout@mcleanmortgage.com https://www.facebook.com/TheGodboutMortgageTeam Like us on Facebook – our posts are yours to sharehttps://www.facebook.com/TheGodboutMortgageTeam Hybrids May Be The Answer Could this be the year to check out hybrid mortgages, which haven’t […]
What’s Ahead For Mortgage Rates This Week – February 03, 2014
February 3, 2014 by
Last week brought mixed news; while the Department of Commerce reported a dip in new home sales, mortgage rates also fell. The Federal Reserve’s FOMC statement revealed that quantitative easing would be further reduced by an additional $10 billion monthly.
What’s Ahead For Mortgage Rates This Week – January 27, 2014
January 27, 2014 by
Last week was an action-packed week for economic news, and all of it was packed into Thursday.
What’s Ahead For Mortgage Rates This Week – January 20, 2014
January 20, 2014 by
Welcome news arrived last week as lower mortgage rates and a higher number of housing starts were reported. Other economic news was mixed.
What’s Ahead For Mortgage Rates This Week – January 13, 2014
January 13, 2014 by
The first post-holiday week of 2014 brought mixed economic and housing-related news. CoreLogic reported via its Housing Market Index that November home prices grew by 11.80 percent year-over-year.
