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Tag Archive | "Europe"

Mortgage Outlook for the Week of April 2, 2012

Last week is saw mortgage rates decrease a bit after a rise over the past few weeks. Last week also saw a handful good but not great economic reports come out. That data was a bit of a disappointment to the markets, which helped exert downward pressure on mortgage rates. Economic Data that May Move […]

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Weekly Mortgage Wrap Up for March 9, 2012

The big news that the market has been waiting for all week was the final outcome of last nights Greek debt settlement talks and the employment numbers that were released earlier today. Greek Debt Resolution Agreed Upon Last night, the Greek debt deal was completed with somewhere around 85% of investors agreeing to a swap. […]

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Mortgage Outlook for the Week of March 5, 2012

Last week saw more economic data showing modest economic growth in the US. Positive economic data last week consisted of GDP numbers showing a 3% annual rate in the fourth quarter of 2011, a rise in consumer confidence and initial jobless claims falling. Further confirmation of a possible recovery in progress came from Fed Chairman Ben Bernanke, […]

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Weekly Mortgage Wrap Up

After a tick upwards earlier this week, mortgage rates have settled back down after austerity talks in Greece fell apart and Greeks demonstrated amid scattered violence. Uncertainty about the situation in Greece is good for mortgage rates in the short term though, which is why rates ticked lower today. We can expect rates to tick […]

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Mortgage Outlook for the Week of February 6, 2012

Mortgage rates rose last week following positive news regarding employment as the U.S. unemployment rate fell for the fifth straight month in January, moving down to 8.3%, the lowest level since February 2009. 243,000 jobs were added to the economy during the last month as well. This data provided more confirmation that the economy is moving in a […]

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Mortgage Outlook for Week of January 30, 2012

Mortgage rates improved yet again last week, yet again hitting and ending near all time historic lows. Last week was marked the FOMC meeting and their announcement that they would be continuing their projection of  “exceptionally low rates” beyond 2013 into 2014. The market reacted and mortgage rates went lower. Events Affecting Mortgage Rates This […]

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Weekly Mortgage Wrap Up for December 16, 2011

This week mortgage rates have yet again, made all time historical lows. Factors in this historic mortgage rate movement include the realization that the European debt crisis is going to take a long time to fix and slower than expected improvement in the US economy. The Federal Open Market Committee (FOMC) Meets The Federal Open […]

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Mortgage Outlook for the Week of December 5, 2011

This week starts off with a couple pieces of economic data relating to factory orders and manufacturing that are going to be released this morning. The rest of the week is rather light on economic data with Jobless Claims data being released on Thursday and International Trade / Consumer Sentiment data being released on Friday. […]

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Mortgage Outlook for Week of November 28, 2011

Last week mortgage rates worsened slightly on light trading due to the shortened Holiday schedule. This week mortgage rates may be largely influenced by the events in Europe as they have been in the weeks and months of late. We will likely see mortgage rates increase on good news affecting events in Europe and mortgage […]

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Mortgage Outlook for Week of November 14, 2011

We start the week with two of the major concerns that have weighed on the market in past weeks coming to a resolution with Greece and Italy both appointing new Prime Ministers. The market did not have confidence that the previous leadership of these countries would be helpful or even willing to participate in the […]

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