Blog
Make A Mortgage Rate Plan BEFORE Friday’s Jobs Report
Mortgage rates could move higher beginning tomorrow morning. The Bureau of Labor Statistics releases its February jobs report at 8:30 AM ET.
Ignore The Case-Shiller Index; Focus On The Future Instead
December’s Case-Shiller Index showed major devaluations nationwide. As compared to December 2009, on a year-over-year basis, home values fell in 18 of the Case Shiller Index’s 20 tracked markets, and the U.S. National Index dropped 4 percent overall. The retreat puts December’s home values at similar levels as compared to early-2003.
Pending Home Sales Drop For Second Straight Month
After a strong run to close out 2010, the market for home resales softened a bit in January.
What’s Ahead For Mortgage Rates This Week : February 28, 2011
Mortgage rates dropped last week, but, this week, there appears to be more reasons for rates to rise than fall. Plan accordingly.
New Home Sales Crater In January, Opening The Door For Deals With Builders
In its monthly New Home Sales release, the U.S. Department of Commerce showed a 13 percent drop-off in annualized new construction sales between the months of December and January. It’s the biggest one-month drop in New Home Sales since May 2010.


