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Tag Archive | "Europe"

Mortgage Recap for the Week Ending May 11, 2012

Mortgage rates improved moderately today, marking a week that has once again brought mortgage rates to new all time historic lows. News regarding the JP Morgan trading loss of $2 billion dollars has helped rates improve a bit today. Europe has also played a role throughout the week in pushing mortgage rates down as we […]

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Mortgage Outlook for the Week of May 7, 2012

Last week saw the Non-Farm Payrolls report, otherwise known at the Jobs Report, greatly disappoint with data showing that in April, 115,000 jobs were created as opposed to the 160,000 new jobs that were expected. Since jobs are a major engine in the economy that create economic growth, any data related to the health of employment in […]

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Mortgage Outlook for the Week of April 30, 2012

Last week saw mortgage rates mostly unchanged in a very tight range hovering right above all time historic lows. The FOMC met and left the FED funds rate at 0.00% – 0.25% and expressed some mixed concerns about health of the economy.  There was also some other economic data that came out, the most important […]

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Mortgage Updates for the Week of April 23, 2012

Last week concluded with mortgage rates moving in an extremely tight trading range, with rates closing the week near all time historic lows. The economic data that was released did little to move the markets and things were fairly quiet on the Europe front. What’s Moving Mortgage Rates This Week? Economy We will see a […]

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Mortgage Wrap Up for April 20, 2012

This week concluded with mortgage rates moving in an extremely tight trading range, still near all time historic lows. There were a few pieces of economic data released this week, but nothing that caused any major movement for mortgage rates. Market watchers are still keeping an eye on Europe for any news about potential debt […]

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Mortgage Rate Update for April 18, 2012

Today, mortgage rates stabilized near the all time historic lows they reached last week. The stock market saw the biggest of the rally of the year yesterday, which moved mortgage rates up a bit. Profit taking in the stock market looks to have played a role in mortgage rates recovering some of the ground lost […]

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Mortgage Outlook for the Week of April 16, 2012

Last week saw mortgage rates finishing near all time historic lows. Mortgage rates moved down on worldwide fears about the debt issues in Europe becoming more serious than previously thought and economic data coming out of the US that indicated that the US economy may not be as healthy as previously thought. More global concerns […]

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Mortgage Rates Move Close To Historic Lows

Mortgage rates have finished the week near all time historic lows… amazing. Mortgage rates have been pushed down to their current levels over the past week by growing fears about the debt issues in Europe and economic data coming out of the US that indicates the economy may not be as healthy as previously thought. […]

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Mortgage Update for April 12, 2012

Market watchers continued eyeing Europe today as the debt woes in Spain appear to be worsening. More bad news or even the prospect of bad news being possible will help expert downward pressure on mortgage rates. As the situation in Spain deteriorates, there is concern that we could see the same issue arise in France […]

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Mortgage Outlook for the Week of April 9, 2012

Last week saw the the Bureau of Labor Statistics release the Non-Farm Payrolls report (otherwise known as the “jobs report”) with numbers that significantly disappointed the market. This helped exert downward pressure on mortgage rates, enabling them to make up much of the lost ground of the previous week. Additionally, more European solvency doubts crept into the […]

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