What’s Ahead For Bay Area Mortgage Rates This Week – June 17, 2013

What’s Ahead For Bay Area Mortgage Rates This Week – June 17, 2013

Last week's news was relatively quiet with no data significant to the mortgage lending released until Wednesday, when the federal government announced a $138 billion budget deficit for May. According to the U.S. Treasury this figure is 11 percent higher than for May of 2012, but the federal … [Read more...]

What’s Ahead For Dublin, CA Mortgage Rates This Week – April 8, 2013

What’s Ahead For Dublin, CA Mortgage Rates This Week – April 8, 2013

Last week's economic news includes several factors that drove Bay Area mortgage rates lower. The Bank of Japan announced that it would increase its purchase of bonds by $1.4 trillion over the next two years. Japans version of QE but on steroids. This news caused yields on Japanese bonds to … [Read more...]

What’€™s Ahead For Bay Area Mortgage Rates This Week: March 11th, 2013

What’€™s Ahead For Bay Area Mortgage Rates This Week: March 11th, 2013

Bay Area mortgage rates and the major stock market indices rose last week in response to a strong jobs report and lower national unemployment rate. The Department of Labor's Non-farm Payrolls report for February surpassed expectations with 236,000 new jobs reported against expectations of 170,000 … [Read more...]