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 historically low levels. The basic issue confronting the US economy is slow economic growth with […]

It was another volatile week for mortgage rates. The primary factors influencing rates roughly offset each other, though, and mortgage rates ended the week just a little higher. A wide range of economic news caused investors to either add or reduce risk at a rapid pace this week. News which generally encouraged increased exposure to […]

Concerns about the pace of global economic growth continued to drive financial markets, causing investors to shift to less risky assets. This trend was favorable for mortgage rates, which ended the week lower. Debt troubles in Europe, worries about the health of European banks, and weaker than expected economic data in the US have contributed […]

In one of the most volatile weeks ever seen, important economic news came out every day and produced major reactions in financial markets. Investor uncertainty is extremely high, amplifying the price movements. As stock prices fluctuated wildly, so did mortgage rates, which reached new lows for the year. Into this highly charged environment, a steady […]

Early in the week, an agreement to raise the US debt ceiling was reached, avoiding a default on government debt, but investors found little time for relief. Concerns about debt problems in Europe and the slow pace of global economic growth sparked a large rally in US bond markets and a large decline in the […]

This past Monday we participated in the Seacoast Board of Realtors Golf Outing at Breakfast Hill Country Club in Greenland, NH…we had great weather, and even better times…check out a few of the photos below. Pictured: Scott Gallant, Desi Lanio, Danielle French, Jamieson Dustin, and Rick Schlager   Pictured: Michael Bean, Derek Malila, Joe Leddy, […]