Mortgage rates moved lower again last week, back to levels not seen since May 2013. It’s interesting to consider that the Federal Reserve’s asset purchases have now been fully phased and that…
Tag: Mortgage rates
Mortgage rates are most closely correlated with the 10-year U.S. Treasury bond rate. Most experts have predicted mortgage rates and Treasuries would go up in the 2d half of 2015.…
A strong, but not too strong, economy is keeping mortgage interest rates low. In fact, this week the 30-year fixed rate hit the lowest point since May 2013. That, combined…
For years, a large number of home owners were prevented from moving up because of negative equity. These “underwater” homeowners were locked in to their current home by rock-bottom real…
That’s sure what it feels like in the Flagstaff home sales market. And that’s how Chief Economist Frank Nothaft described “most markets” across the county in Freddie Mac’s June 25 press…