Mortgage Industry Blog

  What’s Ahead For Mortgage Rates This Week : October 11, 2011     Mortgage markets worsened last week as safe haven buying eased and demand for mortgage-backed bonds dropped. As in most weeks since March 2011, Greece and U.S. jobs dictated market direction. Conforming mortgage rates in South Car...

  Should I Refinance My Home?     http://www.msnbc.msn.com/id/32545640 With mortgage rates at all-time lows, you may be asking “Is now a good time to refinance?”. This short interview from NBC’s The Today Show offers good insight. Refinancing a mortgage is about more than just “low rates”. For ex...

  What’s Ahead For Mortgage Rates This Week : October 3, 2011   Mortgage markets deteriorated last week as optimism for a Greek rescue package increased, and as U.S. consumers showed that, despite falling income levels, spending will not be slowed. As reported by the government, household income ...

  New Home Sales Figures Better Than Reported     According to the Census Bureau, the number of new homes sold slid for the fourth straight month in August, easing 2 percent from July. On a seasonally-adjusted, annualized basis, home buyers bought 295,000 newly-built homes last month. August mark...

  Capitalize On Low Interest Rates In Overlooked Places   It’s no secret. Rates are low right now. And, it’s not just mortgage rates, either — all types of rates are scraping rock-bottom. Borrowing rates, lending rates and savings rates are at or near their all-time lowest levels. As a homeowner ...

  What’s Ahead For Mortgage Rates This Week : September 12, 2011     Mortgage markets improved last week as a weakening Eurozone and questions about the U.S. economy sparked a global flight-to-quality. Conforming and FHA mortgage rates improved for the second week in a row. The storylines should ...

  What’s Ahead For Mortgage Rates This Week : August 29, 2011     Last week was another volatile week for mortgage rates. Wall Street alternately sought risk and shunned it, causing mortgage-backed bonds to rise and fall rapidly. There was a lot to move markets, too, including banking concerns ac...

What's Ahead For Mortgage Rates This Week : August 22, 2011 Mortgage markets improved again last week, pushing mortgage rates in South Carolina to an all-time low; lower than the lows set last November, even. Last week’s low mortgage rate drivers are primarily European. Joining the debt concerns...

What Perks Does Your Favorite Credit Card Offer?     Last week, the Federal Reserve pledged to leave the Fed Funds Rate near 0.000 percent until at least mid-2013. For credit card holders in South Carolina who carry a monthly balance, this is good news. Because of the Fed’s call, credit card rat...

What's Ahead For Mortgage Rates This Week : August 15, 2011   Mortgage markets improved again last week. The combination of global economic uncertainty plus a dour outlook from the Federal Reserve pushed mortgage bonds to highs for 2011, and drove mortgage rates below their all-time lows. Bonds ...