Mortgage Rates Rise from Lows After dropping to fresh lows following last week’s Fed announcement, mortgage rates gave back some of their gains this week and ended a little higher. Reduced investor concerns about Europe added to the upward pressure…

With record low rates being the constant headline in mortgage news, it’s easy to understand why someone would continue to wait to refinance or purchase a new home. Waiting for that percentage to reach its absolute lowest sounds like a…

Winter is approaching, which means it’s time to put away that air conditioner and get ready to turn the heat back on in your homes. Heating your house for the winter can be quite costly, but right now is the…

This week, the Fed announced new measures to boost the economy. Expectations are low for much economic growth to result from the measures, but they did help push mortgage rates to historic lows. The Fed released its statement Wednesday afternoon,…

Big News for the European Economy, Raises Mortgage Rates …. Investors grew a little less concerned about Europe during the week, which was favorable for the stock market but negative for mortgage rates. This week’s inflation data also was unfavorable…

Little Change in Rates This week’s economic news contained few surprises. Fed Chief Bernanke gave no indication of policy changes and President Obama’s jobs package matched expectations. As a result, mortgage rates ended the week with little change, remaining at…