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East Walpole, MA Real Estate News

http://www.bainmortgage.com/MortgageMarketWeekInReview Newsletter-August 6th, 2012 Provided by Dana Bain & Robin Dunbar Bain Dana BainPremiere Mortgage Services www.Bainmortgage.com 11 Malvern Hill RoadSterling, MA 01564Phone: (978) 422-2311Fax: (978) 422-2313E-Mail: dana@bainmortgage.com     Market CommentMortgage bond prices finished the week lower, which pushed mortgage rates higher.The economic data was mixed.The employment report released Friday showed the US economy added 163K jobs however the unemployment rate rose to 8.3%.The Federal Reserve did not make any changes at this week’s meeting, indicated a desire to keep rates low through 2014, and said they would continue to monitor the economy while they remained prepared to act as needed.Stocks and bonds ...
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http://www.bainmortgage.com/MortgageMarketWeekInReview Newsletter-March 5th, 2012 Provided by Dana Bain & Robin Dunbar Bain Dana BainPremiere Mortgage Services www.BainMortgage.com 11 Malvern Hill RoadSterling, MA 01564Phone: (978) 422-2311Fax: (978) 422-2313E-Mail: dana@bainmortgage.com     Market CommentMortgage bond prices fell last week, which pushed mortgage interest rates higher.Rates were positive the beginning of the week following reports that European leaders must do more to stabilize their economies.Concerns emerged that the UK has “run out of money” according to Chancellor George Osborne.Higher than expected Q4 gross domestic product data, lower than expected weekly jobless claims, and strong stocks pressured rates considerably higher Wednesday afte...
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