For the second consecutive month, U.S. consumer confidence is plunging. July’s official reading is its lowest since July of last year and the figures run in stark contrast to just two months ago, when the index touched a multi-year high.
Posts Tagged ‘Mortgage Rates’
Arizona Mortgage Interest Rates Reacting To US Consumer Confidence
Thursday, August 12th, 2010A Look Ahead For Mortgage Rates This Week : August 9, 2010
Sunday, August 8th, 2010Mortgage markets improved again last week, and rates are at an all-time low. After the FOMC meeting on Tuesday, however, mortgage rates could turn volatile.
Buy A Home In Mesa – Refinance Your Mesa Home Mortgage
Friday, July 30th, 2010Low mortgage interest rates in Arizona mean incredible deals for homeowners to sell their homes as well as home buyers to purchase a new home. Mesa home prices are very affordable compared to 2005-2006.
A Look At Mortgage Rates For The Week Of July 19, 2010
Monday, July 19th, 2010Mortgage markets improved for the 5th straight week. However, because they are artificially low they could spike at any time.
Inflation Can Influence Mortgage Rates
Saturday, July 17th, 2010One of the biggest influences on mortgage rates is inflation. When inflation is high, rates rise quickly, but the converse is also true.
Fed Minutes For June Promise Continuing Low Mortgage Rates
Friday, July 16th, 2010The Fed says the economy is moving forward, but not as quickly as expected. This bodes well for mortgage rates and home shopping.
A Look Ahead At Mortgage Rates This Week : July 11, 2010
Monday, July 12th, 2010Mortgage markets improved again last week, and have fallen for 4 consecutive weeks, but that could change due to inflation.
How Did Housing Predictions Fare For The First Half Of 2010?
Thursday, July 8th, 2010How did the housing “experts” fare in their predictions for the first half of 2010? A look at the data proves that even experts can’t predict the economy.
Conforming Mortgage Rate Discount Points Rise, According To Freddie Mac
Tuesday, June 22nd, 2010Although rates are down, conforming mortgage rate discount points are rising. Freddie Mac glosses over this point, and the press misses it entirely.
Home Loan Mortgage Rates This Week : June 21, 2010
Monday, June 21st, 2010Home loan mortgage rates improved again last week, but maybe only temporarily. The Fed’s 2 day meeting this week may change the scenery of loan rates.
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