Bay Area Home Affordability Threatened By Friday’s Jobs Report

It’s a risky time to be without a locked mortgage rate — especially with the pending release of January’s Non-Farm Payrolls report.

Fed Funds Rate Unchanged-(January 25, 2012) Markets Bounce on News of Spending

FOMC-Announcement

Wednesday, the Federal Reserve’s Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent.

Mortgage Rates Expected To Move off Feds Optimism- Be Ready to Lock your Mortgage

The Federal Open Market Committee adjourns from a scheduled 2-day meeting today, its first of 8 scheduled meetings this year.

Inventory Down to 1 Month- Existing Home Sales Approach Bull Market Territory

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According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, December’s Existing Home Sales climbed by 120,00 units overall from the month prior on its way to an 11-month high.

What’s Ahead For Pleasanton, CA Mortgage Rates This Week : January 23, 2012

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The outlook for the U.S. economy improved last week, taking the mortgage bond market with it. For the first time this year, conforming mortgage rates rose from one week to the next.