Mortgages

The Fed Minutes Keep Mortgage Rates On Hold (For Now)

January 5, 2011

The Federal Reserve released its December 14 meeting minutes Tuesday afternoon. There wasn’t much there to disturb mortgage markets, thankfully.

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Foreclosure Activity Plunges (But With An Asterisk)

December 21, 2010

November marked the first time since February 2009 that the number of monthly foreclosures filings failed to surpass 300,000 units.

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Make A Mortgage Rate Strategy Ahead Of Today's Fed Meeting

December 14, 2010

The Federal Open Market Committee holds a one-day meeting today, its 8th scheduled meeting of the year and 10th overall.

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Boost Your 2010 Tax Deductions By Making Your January Mortgage Payment A Little Bit Early

December 8, 2010

Looking for an extra 2010 tax deduction? Consider making your January mortgage payment a few days early.

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Understatement : Freddie Mac Says Mortgage Rates Rose Last Week

December 3, 2010

Mortgage rates are moving quicker than the news can accurately report them. This week’s Freddie Mac mortgage rate survey is an excellent example.

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Mortgage Rates Rapidly Rising On Jobs Data; More Risk Ahead For Friday

December 2, 2010

Mortgage rates are rising, up nearly 1 percent since mid-October. Tomorrow, rates could rise again.

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Fed Minutes Help Push Mortgage Rates To 4-Month High

November 26, 2010

Bond markets have not taken kindly to the Fed Minutes. The minutes show a propensity toward Fed “action”, most of which markets believe to be inflationary. Inflation leads to higher mortgage rates and that’s exactly what we’ve seen.

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Applying For A Mortgage Soon? Don't Open New Credit Cards On Black Friday.

November 23, 2010

Shoppers should think twice about is the popular “Open A Charge Card, Save 20%” promotion. The short-term savings may be tempting, but the long-term costs may be huge.

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Mortgage Rates Still Rising. Is This The End Of The Refi Boom?

November 19, 2010

With the sudden rise in mortgage rates, we have to question whether the Refi Boom is ending.

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Mortgage Rates Spike On Strong Retail Sales Data. Could 4 Percent Rates Be Done?

November 16, 2010

Rising Retail Sales and Consumer Confidence data hints that the days of 4 percent, 30-year fixed rate mortgages may be nearing its end.

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