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
January 25, 2012 By
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
January 25, 2012 By
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
January 24, 2012 By
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
January 23, 2012 By
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.
Will Bay Area Home Values Rise This Year? Foreclosure Filings Fall To 49-Month Low
January 18, 2012 By
Foreclosure filings are fewer these days, according to foreclosure-tracking firm RealtyTrac.
What’s Ahead For Bay Area Mortgage Rates: Week Of January 17, 2012
January 17, 2012 By
According to Freddie Mac’s weekly mortgage rate survey, the average 30-year fixed rate mortgage rate fell to 3.89% nationwide. This week, the Eurozone will determine whether rates rise or fall.
All the Trips to Nortstroms Threaten Home Affordability- Thursday’s Retail Sales Data
January 11, 2012 By
Consumer spending continues to rise nationwide, fueled by jobs growth and a rosier outlook for the U.S. economy. Unfortunately for mortgage rate shoppers, it may also lead to higher mortgage rates later this week.
Pleasanton Mortgage Rates Improve Last Week; What’s Ahead : January 9, 2012
January 9, 2012 By
Mortgage markets improved last week, pushing mortgage rates lower for the second straight week.
New Home Sales Approach Bull Market Territory- Pleasanton Home Buyers Act Now
December 28, 2011 By
According to the Census Bureau, the number of new homes sold rose 2 percent in November, taking the metric to a 7-month high.
