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Lock Now? Friday’s Job Report Expected To Push Mortgage Rates Up.
Friday, analysts expect to count another 190,000 jobs created. If the actual figure falls short, expect mortgage rates to ease. Otherwise, look for rates to rise. Probably by a lot.
January 2011 Case-Shiller Index : Weak And Flawed
According to the January Case-Schiller Index, values are down 3.1% from last year, retreating to the same levels from Summer 2003. As a buyer or seller in today’s market, though, don’t read too much into it. The Case-Shiller Index is far too flawed to be the final word in housing.
Pending Home Sales Rebound; Suggest Brighter Spring For Housing
February’s Pending Home Sales Index rebound breaks a 2-month losing streak, and reverses recent downward momentum in housing.
What’s Ahead For Mortgage Rates This Week : March 28, 2011
Mortgage markets worsened last week as nuclear meltdown concerns eased across Japan, and the war within Libya moved closer to a potential finish.
15-Year Fixed Rate Mortgages Look Cheap Compared To Comparable 30-Year Fixeds
If you’ve ever explored the idea of using a 15-year fixed rate mortgage for your home, the math is in your favor today. Talk to your loan officer before rates start rising.

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