November 2010
2 posts
Home Purchases High Demand
Home loan demand rises as rates stay low U.S. mortgage applications rose last week, driven by higher demand for both home purchase and refinance loans.
http://www.msnbc.msn.com/id/40107850/from/toolbar
US News Mortgage Rates to Stay Low!
As expected, a week packed with major economic events produced a great deal of daily volatility in mortgage rates. The Fed’s announcement was positive for mortgage rates, the Employment report was negative, and the election results were neutral. In the end, mortgage rates finished the week a little lower. On Wednesday, the Fed announced that it will purchase an additional $600 billion in...