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Washington DC mortgage rates falling

New unemployment claims drop and so do Treasury yields and mortgage rates

After several weeks of new unemployment claims rising, actually topping 500,000 just last week, the report this morning is that new claims dropped...
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Ten year bond yield drops below 3% driving mortgage rates to new lows

Related articles Mortgage rates are on the rise hitting that 5% range and higher Mortgage rates dropped to their lowest level in 39 years today....
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Case Schiller index up for April, but what is forecast for May?

Case-Schiller reports that home sales were up for April, which was anticipated, but other sources with more current records are showing that in all...
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Mortgage rates dropped to their lowest level in 39 years today.

Average nationwide rates for 30 year fixed rate mortgages dropped to around 4.5%, while 15 year fixed and 5/1 ARM loans dropped to around 4% and...
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Wall Street goes into free fall, mortgage rates follow as 30 year fixed mortgages hit new lows

Senator Merkley flickr.com/photos/38821962@N03/3586563978 The panic selling on Wall Street continued today. The DOW closed down over 300 points...
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Old and new mortgage loan products are re-emerging to entice buyers while rates remain fantastic now

While the home buyer tax credits are still being offered, and mortgage rates remain low, there seems to be an increased demand for loans. Since...
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Mortgage rates dropping as economic news continues to come in as bad and worse than expected

The September sales numbers for autos dropped significantly, 5%, with the expiration of “cash for clunkers” in August. This was...
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Consumer confidence worries lead stock market down while mortgage rates lowest since May

Rates drop to lowest level since May The stock market closed down today due to a drop in the consumer confidence index. The S & P was down...
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The DOW is lower than it was 8 years ago, just before 911

In memory of911 This morning marks the 8 year anniversary of 911, so this morning Wall Street opened to a moment of silence to commemorate this sad...
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Mortgage rates drop dramatically even with less than great economic news

The great news this morning is that mortgage rates have dropped pretty dramatically today. We even have some lenders dropping below that landmark 5...
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