On March 8, 2010,
in Weekly Review,
by Jehoshua Shapiro
Mortgage markets improved last week in low-volume trading.
On February 8, 2010,
in Weekly Review,
by Jehoshua Shapiro
Mortgage markets improved last week on domestic jobs data and international banking concerns. The news triggered buying in the bond market and, as a result, conventional, FHA and VA mortgage rates improved for the 4th consecutive week.
On January 27, 2010,
in FOMC Meetings,
by Jehoshua Shapiro
The Federal Open Market Committee ends a scheduled, 2-day meeting today in Washington. It’s the first of 8 scheduled meetings for the policy-setting group in 2010. The group adjourns at 2:15 PM ET. Here is a rate-locking strategy for you.
On January 14, 2010,
in Retail Sales,
by Jehoshua Shapiro
Mortgage rates are dropping this morning on weaker-than-expected Retail Sales data from December. Lower rates means more bang for your home-buying buck.