Bay Area Mortgage Rate News – NOVEMBER 4, 2013

Bay Area Mortgage Rate News – NOVEMBER 4, 2013

Last week’s economic news affecting Bay Area  mortgage rates came from a variety of sources. Most significant was the Fed’s Federal Open Market Committee statement after its meeting ended Wednesday. The statement indicated that the Fed saw moderate economic growth. FOMC did not taper its purchase of … [Read more...]

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...]

Bay Area Mortgage Rates and News This Week – July 15, 2013

Bay Area Mortgage Rates and News This Week – July 15, 2013

The Fed’s release of the minutes for the June FOMC meeting was the most noteworthy economic event last week; the minutes repeated the Fed’s recent statement concerning the wind-down of its current monetary easing policy. The minutes indicated that about half of meeting participants wanted to end … [Read more...]

Caution Ahead- Bay Area Mortgage Rates This Week – June 24, 2013

Caution Ahead- Bay Area Mortgage Rates This Week – June 24, 2013

Comments by Fed chairman Ben Bernanke after Wednesday's FOMC meeting caused havoc and interest rates to spike in financial markets as investors anticipated the potential effects of any rollback of the Fed's policy of quantitative easing (QE). Chairman Bernanke said that the Fed may begin reducing … [Read more...]