Last Friday's employment report showed unemployment down to a generational low of 4.2 percent, spurring concerns that the economy continues to grow too strongly, |
Last month's huge surge in employment figures reaffirmed market expectations that the Fed will move sooner now rather than later, |
Last week's Federal Reserve Board's policy statement led financial markets to expect that the economy should begin to pick up soon, and that caused bond yields to rise pretty steadily over the last number of days, |
Long-term bond yields dropped leading up to Federal Reserve Chairman Greenspan's testimony to Congress over speculation of what he may say about deflation and over the possibility of the Federal Reserve buying long-term Treasury bonds to fight it, |
Long-term interest rates were little changed headed into Fed Chairman Greenspan's testimonies to Congress this week, |
Long-term mortgage rates this week fell to levels equal to those experienced in April, reacting in large part to last Friday's news of less than stellar job growth in June, ... This is good news for those who are still house hunting, as lower rates mean more affordable housing. |
Long-term mortgage rates will more than likely rise over the next few months, albeit modestly compared to shorter-term rates. |
Long-term mortgage rates, which dropped again for the fifth consecutive week, remain low enough to keep refinancing activity a viable option for many, |
Long-term mortgage rates, which dropped again for the fifth consecutive week, remain low enough to keep refinancing activity a viable option for many. Not only can homeowners take some equity out of their home, many may also be able to lower their mortgage rate at the same time. |
Looking ahead into the spring home buying season, we don't expect mortgage rates to rise too much or too quickly in the near term. As a result, housing activity should stay on track for a strong 2005. |
Looking for safety from the current uneasiness in domestic and foreign markets, nervous investors pumped their money into the U.S. Treasury bond market, causing yields to fall to record levels, ... Mortgage rates followed, also dropping to yet another historic low. |
Looking for safety from the current uneasiness in domestic and foreign markets, nervous investors pumped their money into the U.S. Treasury bond market, causing yields to fall to record levels. Mortgage rates followed, also dropping to yet another historic low. |
Low mortgage rates and strong house appreciation boosted new and existing home sales as well as refinance activity (in 2001), leading to what was surely a record-breaking year for housing, ... Coming into the new year, there are some signs that the recession may have already run its course but no indications that inflation looms on the horizon. Thus mortgage rates remained almost unchanged this week. |
Low mortgage rates continue to fuel the housing market, making homeownership more attainable to a broader segment of families, |
Low new home sales figures released yesterday support the idea that the Fed's actions to keep inflation under control are finally having the desired effect, |