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Week Ahead in Mortgage Rates After a busy week last week in mortgage rates, the Economic Calendar will be extremely light this week.  ISM Services will come out on Tuesday. The minutes from the March 17 Fed meeting will also be released on Tuesday. These detailed notes on the discussion between F...

     Mortgage Rates Increase An improving economic outlook was unfavorable for mortgage rates this week. The Dow stock index reached a new high for the year, as investors shifted funds from bonds to stocks. Weaker than average demand for the 7-yr Treasury auction also helped push mortgage rates ...

Week Ahead The biggest economic event this week will be the important Employment report on Friday. As usual, this data on the number of jobs, the Unemployment Rate, and wage inflation will be the most highly anticipated economic data of the month. Early estimates are for a gain of 170K jobs in Ma...

 Mortage Rate News.... Treasury Will Sell MBS With no major developments in Japan or the Middle East and little economic data on the schedule, mortgage markets had one of their quietest weeks of the year. The only significant market moving news was an unexpected announcement from the Treasury on ...

This FHA loan program is designed for borrowers to SHORT SALE a current home and immediately be eligible to purchase a NEW Home!  Guidelines to the Program: * Primary Residence Purchase Only* Provide Copy of the short sale agreement* Minimum Credit Score is 640* 3.5% to 5% Down Payment* No late p...

The biggest economic event next week in mortgage rates will be Tuesday's FOMC meeting. Investors will be looking for an update on the Fed's plans for the quantitative easing program. The most significant economic data next week will be the monthly inflation reports. The Producer Price Index (PPI)...

While investors continued to closely watch the events in the Middle East, there were few new developments there during the week. As a result, this week's important economic data had the greatest influence on mortgage rates. Daily volatility was high as investors reacted to the major economic repo...