The markets continued to monitor the Greece Debt situation this week. Although Greece is working through a solution to prevent default, there is still concern about whether the existing solution will actually work. Should there be news of any issues with the Greek resolution, look for increased downward pressure on mortgage rates. Beige Book data [...]

With all the recent talk about mortgage rates “hitting new all time historical lows” and rates remaining near “all time historical lows”, it can be difficult to appreciate exactly how low mortgage rates have come. This is especially true in the historical context of mortgage rates, which spans many years. For this reason, sometimes charts [...]

Last week saw continued improvement in the US Economy with more positive news coming out related to housing, employment and consumer confidence. Positive data, in addition to what is hoped to be a final solution for the Greek debt debacle, places pressure on mortgage rates to go up. Should we see negative news come out [...]

For the third time in three months, existing-home sales (homes that have been previously occupied, not new) rose in January, while inventories continued to improve, according to the National Association of Realtors. Additionally, new home sales for January fell by 0.9% from December to 321,000 sales, which is better than the market expected, yet even more [...]

With all the recent talk about mortgage rates “hitting new all time historical lows” and rates remaining near “all time historical lows”, it can be difficult to appreciate exactly how low mortgage rates have come. This is especially true in the historical context of mortgage rates, which spans many years. For this reason, sometimes charts [...]

Whether you’ve been living in your home for a year or for thirty years, you will have to go through the same process to sell your home. Finding a Realtor who knows the market you live in can make the sales process more efficient and can save you time and frustration. As the mediator between [...]

With all the recent talk about mortgage rates “hitting new all time historical lows” and rates remaining near “all time historical lows”, it can be difficult to appreciate exactly how low mortgage rates have come. This is especially true in the historical context of mortgage rates, which spans many years. For this reason, sometimes charts [...]

Last week saw mortgage rates hold steady near all time historical lows. The market was and will continue to watch Greece as it continues on a path towards bringing a debt default resolution to bare. Last week there were some hiccups as a resolution looked questionable towards the end of the week. Moving forward this [...]

After a tick upwards earlier this week, mortgage rates have settled back down after austerity talks in Greece fell apart and Greeks demonstrated amid scattered violence. Uncertainty about the situation in Greece is good for mortgage rates in the short term though, which is why rates ticked lower today. We can expect rates to tick [...]