Tag Archives: Rates
Foreclosure

Mortgage Rates Improve as Jobless Claims Remain Flat

by Steve Rhodes The Weekly Jobless Claims report chart above resembles a lake with barely a ripple.  First-time claims for unemployment insurance benefits stayed at the same level as the previous report suggesting that the US jobs picture is locked-in a period of stagnation–no gains, no losses.  With two other relatively negative economic Read more
Category: foreclosure
Foreclosure

Current Mortgage Rates for Thursday, May 10, 2012

by stevendepolo Mortgage rates are up a little bit this morning, moving just above the record low levels set earlier this week.  I do not anticipate that they will continue to rise, and will most likely end the day close to flat.  I suspect this morning’s stock rally may just be traders buying the dip, [...] Read more
Category: foreclosure
Foreclosure Rates

Minnesota responds to the rising foreclosure rates issing 3-1-1 hotline.

by watchingfrogsboil Minnesota responds to the rising foreclosure rates issing 3-1-1 hotline. Article by Bob Smith Home mortgage foreclosure listings are becoming novel-length nationwide. Minneapolis is not exempt from this housing market dilemna. Many, many neighborhoods are touched with a property in preforeclosure or foreclosure. Minnesota is Read more
FHA

Does Increase in US Trade Gap Signal Higher Mortgage Rates?

by Rajesh_India US Import and Export data released today by the US Census Bureau were disapointing to many analysts and traders.  The huge gap between imports and exports continues and even grew.  However, both measures indicated records for a single-month.  Mortgage rates have ticked higher on this news. Why? There may be a silver-lining in Read more
Category: FHA
Obama

Mortgage Rates Stay Put on Abstract Data

by flamingbear Wow, the economic data in the US is so confusing it would make calculus seem clear to a kindergartener! Every day it seems we get data that conflicts with other data, painting a picture that can only be described as—abstract.  I do not mean abstract art…simply abstract.  Today’s confusion lies in weekly jobless [...] Read more
Category: Obama