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Make A Mortgage Rate Plan Ahead Of The Jobs Report

Posted on May 3, 2012 by joeglez

Been shopping for a mortgage rate? You may want to lock something down. Tomorrow morning, mortgage rates are expected to change. Unfortunately, we don’t know in which direction they’ll move.

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Posted in The Economy | Tags: Home Affordability, Jobs Report, Non-Farm Payrolls |

Home Values Start The Year Strong

Posted on May 2, 2012 by joeglez

According to the Federal Home Finance Agency’s Home Price Index, home prices rose a seasonally-adjusted 0.3 percent between January and February 2012.

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Posted in Housing Analysis | Tags: Case-Shiller Index, Home Price Index, HPI |

Mortgage Guidelines Resume Tightening Nationwide

Posted on May 1, 2012 by joeglez

Despite an improving U.S. economy, the nation’s banks remain cautious about what they will lend, and to whom.

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Posted in Mortgage Guidelines | Tags: Federal Reserve, Homeownership Rates, Mortgage Approvals |

What’s Ahead For Mortgage Rates This Week : April 30, 2012

Posted on April 30, 2012 by joeglez

Mortgage markets were mostly unchanged last week for the second straight week.

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Posted in Mortgage Rates | Tags: Fed Funds Rate, Non-Farm Payrolls, Spain |

Pending Home Sales Index Crosses The 100 Barrier

Posted on April 27, 2012 by joeglez

After a series of worse-than-expected data last month, the housing market appears to be back on track.

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Posted in Housing Analysis | Tags: Existing Home Sales, NAR, Pending Home Sales Index |

A Simple Explanation Of The Federal Reserve Statement (April 25, 2012)

Posted on April 25, 2012 by joeglez

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

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Posted in Federal Reserve | Tags: Fed Funds Rate, FOMC, Inflation |

New Home Sales Revised Higher In February; Slip 7% In March

Posted on April 25, 2012 by joeglez

Sales of new homes ticked lower in March, unexpectedly.

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Posted in Housing Analysis | Tags: Census Bureau, New Home Sales, New Home Supply |

The Fed Starts A 2-Day Meeting Today. Make A Strategy.

Posted on April 24, 2012 by joeglez

The Federal Open Market Committee begins a 2-day meeting today. Mortgage rates are expected to be volatile for the next 48 hours.

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Posted in Mortgage Rates | Tags: Fed Funds Rate, Federal Reserve, FOMC |

What’s Ahead For Mortgage Rates This Week : April 23, 2012

Posted on April 23, 2012 by joeglez

Mortgage markets were mostly unchanged last week, breaking a three-week winning streak.

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Posted in Mortgage Rates | Tags: FOMC, Greece, Spain |

Existing Home Sales Slip In March

Posted on April 20, 2012 by joeglez

In March, for the second straight month, home resales slipped nationwide.

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Posted in Housing Analysis | Tags: Existing Home Sales, Existing Home Supply, NAR |

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