Once again, volatility ruled the bond pits. Continue reading
What Mortgage Rates Are Doing This Week : April 9, 2012
Reply
Tag Archives: Eurozone
What Mortgage Rates Are Doing This Week : April 2, 2012
Conforming mortgage rates in California dropped on the news, one week after posting a 5-month high.
A major strike in Spain and growing unrest in Italy, both in opposition to recent austerity measures, have re-ignited fears that the Eurozone may lapse into recession. Continue reading
What Mortgage Rates Are Doing This Week : March 5, 2012
In a congressional testimony Wednesday, Chairman Bernanke suggested that new, Fed-led stimulus may not be imminent, surprising Wall Street analysts and market traders who, for months, have expected a third round of quantitative easing from the Fed. Continue reading
Federal Reserve Wary Of European Crisis
The Fed Minutes is a summary of the conversations and debates that shape our nation’s monetary policy. It receives less attention than the Fed’s more well-known, post-meeting press release, but the Fed Minutes is every bit as important.
To rate shoppers in Sacramento , for example, the Fed Minutes can give clues about whether mortgage rates will generally rise or fall in the coming months. Continue reading
What Mortgage Rates Are Doing This Week : January 30, 2012
Mortgage markets improved last week as news from the Federal Reserve, the U.S. economy, and Europe combined to spur new demand for mortgage-backed bonds. Continue reading