What Will Happen with Massachusetts Mortgage Rates this Week? 8/21st
Inquire within for current Mortgage Rates or Guidelines bc@SmarterBorrowing.com 617.771.5021 Overall, I suspect that Wednesday or Friday will likely be the most active days for mortgage rates with tomorrow or Tuesday being the calmest. I am expecting to see much less movement in rates this week than we saw last week. Still, you should maintain [...]
What Will Happen with Massachusetts Mortgage Rates this Week? 8/13th
Inquire within for current Mortgage Rates or Guidelines bc@SmarterBorrowing.com 617.771.5021 Overall, I am expecting Tuesday or Wednesday to be the most important days of the week. Tuesday’s Retail Sales report and Wednesday’s CPI are the two single most influential reports. Since Tuesday has the Retail Sales and PPI reports and consumer level inflation is not [...]
What Will Happen with Massachusetts Mortgage Rates this Week? 8/6th
Inquire within for current Mortgage Rates or Guidelines bc@SmarterBorrowing.com 617.771.5021 Overall, it is difficult to label one particular day as the most important with so little to choose from. Tomorrow may be a little interesting considering the size of Friday’s stock rally that pushed the Dow higher by 217 points, which drove bond prices lower. [...]
Wednesday Afternoon Mortgage Market Update
The FOMC meeting has adjourned with no action taken by the Fed in terms of interest rate projections or new measures to boost economic activity. They did say that they will continue to monitor different situations and watch new information, indicating they are ready to act if needed. Still, the lack of a more concrete [...]
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