Pleasanton and Dublin, CA Mortgage Rates and News This Week – August 26, 2013

Pleasanton and Dublin, CA Mortgage Rates and News This Week – August 26, 2013

Last week brought mixed economic news moving interest rates for Pleasanton and Dublin, CA home shoppers and clients looking to refinance. Leading Indicators released Thursday suggest that the U.S. economy is growing at a moderate rate. Mortgage rates for fixed rate loans were higher, but the … [Read more...]

Pleasanton Mortgage Rate News- August 12, 2013

Highlights of economic news that influenced mortgage markets from last week, include a survey of senior loan officers from U.S. and foreign banks doing business in the U.S. They indicated that banks were gradually easing lending standards for business and consumer loans, but viewed lending … [Read more...]

Conventional and FHA Mortgage Rates on a Roller Coaster: The Week of October 31, 2011

Conventional and FHA Mortgage Rates on a Roller Coaster: The Week of October 31, 2011

Mortgage markets moved across a wide range last week before, ultimately, finishing unchanged. The bailout of Greece both dominated headlines and dictated market direction. Rates Are On a Roller Coaster Ride It was a wild ride for rate shoppers. Early in the week, Conforming and FHA mortgage … [Read more...]

Pleasanton Mortgage Rate Headlines This Week : October 11, 2011

Pleasanton Mortgage Rate Headlines This Week : October 11, 2011

Mortgage markets worsened last week as safe haven buying eased and demand for mortgage-backed bonds dropped. As in most weeks since March 2011, Greece and U.S. jobs dictated market direction. Markets Move Higher Conforming and High Balance mortgage rates in California rose last week, lifting … [Read more...]

The Fed Adjourns At 2:15 PM ET Today : What It Means For Mortgage Rates

The Federal Open Market Committee adjourns from a two-day, scheduled meeting today, the sixth of 8 scheduled meetings this year, and the seventh Fed meeting overall. The FOMC is a designated, 12-person committee within the Federal Reserve, led by Fed Chairman Ben Bernanke. The FOMC is the voting … [Read more...]

Federal Reserve Statement, August 9, 2011- Markets Bounce on Feds Language

Tuesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent. No big news there. The vote was 7-3 — the first time in 5 meetings that the nation's Central Bank was non-unanimous and the first time since 1992 that the … [Read more...]

Home Loan Rates Reach Historic Lows- What’s Ahead For Mortgage Rates?

Home Loan Rates Reach Historic Lows- What’s Ahead For Mortgage Rates?

Mortgage markets were especially volatile last week, taking rate shoppers in California on a roller-coaster ride. The week's news schedule was full. It included debt ceiling debates, jobs figures, and ongoing maneuverings within the Eurozone. Last Week in History Was One For The Record … [Read more...]

What’s Ahead For Dublin, CA Mortgage Rates This Week : May 9, 2011

What’s Ahead For Dublin, CA Mortgage Rates This Week : May 9, 2011

Mortgage markets improved last week on a bevy of economic and geopolitical news. Conforming mortgage rates in Dublin improved, falling to their lowest levels of 2011. Despite Expectations It's a welcome development for home buyers and rate shoppers nationwide. Mortgage rates were expected to … [Read more...]

Interest Rates Spike on January’s Unemployment Report- aka Jobs Report

Interest Rates Spike on January’s Unemployment Report- aka Jobs Report

Americans are getting back to work. Sort of. Drop in Unemployment Rate This morning, at 8:30 AM ET, the Bureau of Labor Statistics released its Non-Farm Payrolls report for January 2011. More commonly called "the jobs report", the government's data showed a large decrease in the number of … [Read more...]

Homeowner Affordability and Stability Plan- Mortgage news for the Bay Area

President Obama unveiled his plan to help stabilize the housing market and keep millions of borrowers in their homes. The Homeowner Affordability and Stability Plan includes two initiatives to help struggling homeowners. One is a refinancing program for homeowners with less than 20% equity in their … [Read more...]