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Mortgage Outlook for the Week of January 23, 2012

Last week mortgage rates again hit all time historic lows. There were also signs of an improvement in housing and the economy as a whole based on some of the Economic data that was released. The markets have opened up this week with mortgage rates close to the all time historic lows of last week. […]

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Weekly Mortgage Updates: Positive News in Housing and Employment

The Commerce Department released December’s Housing Starts data this week. A housing start is the beginning of a new home build (breaking ground). The data showed that new construction starts for single family homes increased 4.4% over November starts. The chart below also provides clarity in the upward trend in housing starts, a good sign […]

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Mortgage Outlook for the Week of January 16, 2012

This week is a shortened week due to the Martin Luther King holiday being observed today. Last week saw the market hit, yet again, all time historic lows on mortgage rates. Every time we think we’ve hit the bottom, mortgage rates set a new low. Not the worst problem to have! There are some important […]

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Weekly Mortgage Wrap Up for January 13, 2012

Once again we’re seeing mortgage rates close near all time historical lows. Again? We may sound like a broken record, but Eurozone debt issues continue to weigh on the markets, pushing mortgage rates lower. This means that there is still an opportunity to refinance or purchase a home with a mortgage that will cost you […]

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Mortgage Outlook for the Week of January 9, 2012

This week is starting off slow with little economic data being released. Two major data releases may impact mortgage rates this week with Beige Book data (relied upon by Fed during their meetings) being released on Wednesday and Retail Sales being released on Thursday. Some Fed members are speaking as well and the market is […]

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Mortgage Outlook for the Week of January 3, 2011

First and foremost, we hope everyone had a safe and happy New Year’s! Here’s to a prosperous 2012! Mortgage rates are starting 2012 near the all time record lows they reach multiple times in 2011. That’s great news for those looking to purchase a new home or looking to refinance their existing mortgage to a […]

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Happy New Year and Best Wishes in 2012!

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Happy Holidays From Our Family to Yours!

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Mortgage Outlook For the Week of December 19, 2011

After hitting all time historical lows last week, mortgage rates have opened up this week flat, with little to no change from last week. We start the week with news of the death of Kim Jong il, which may play a role in the market in the future, but seems to have little affect on […]

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Weekly Mortgage Wrap Up for December 16, 2011

This week mortgage rates have yet again, made all time historical lows. Factors in this historic mortgage rate movement include the realization that the European debt crisis is going to take a long time to fix and slower than expected improvement in the US economy. The Federal Open Market Committee (FOMC) Meets The Federal Open […]

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