Hunter Palmer

Rates Remain Below 5%

June 7, 2010 • 0 comments

Despite bouncing off their lows for May, mortgage rates remain below 5% with the benchmark thirty-year, fixed-rate coming in at 4.875% with no points and the fifteen-year, fixed-rate right at […]

by Hunter Palmer

Housing Reports Solid – Rates Fall

December 4, 2009 • 1 comment

After a week off for Thanksgiving I have plenty of good news to report since my last update. Last week, the National Association of Realtors reported that, for the month […]

by Hunter Palmer

Rates Remain Low / Housing Starts Tumble

November 18, 2009 • 2 comments

Mortgage rates continue to hover near record lows with the rate on the benchmark thirty year flirting with 4.875% this week. The rate on the fifteen year fixed rate has […]

by Hunter Palmer

First Time Homebuyer’s Tax Credit EXTENDED

November 11, 2009 • 0 comments

Last Friday, President Obama signed a bi-partisan extension to the first-time home buyer tax credit program last week giving prospective buyers through June 30th, 2010 to close on a home […]

by Hunter Palmer

Pending Home Sales Rise

November 3, 2009 • 0 comments

The National Association of Realtors reported on Monday that the September Pending Home Sales Index jumped 6.1% t0 110.1 after a 6.4% rise in August. The big rise far surpassed […]

by Hunter Palmer

Rates Rise – Home Prices Still Rising

October 28, 2009 • 1 comment

We are definitely seeing a return to volatility in mortgage rates as a see-sawing stock market has made for fickle demand for bonds. While sitting near record lows for several […]

by Hunter Palmer

Housing Starts Miss Forecast

October 22, 2009 • 1 comment

Mortgage rates remain low again this week helped out by reemerging doubts about the stock rally and economy as a whole. The benchmark thirty-year, fixed-rate stands just above 5% with […]

by Hunter Palmer

New Rules Hamper Housing Market

October 14, 2009 • 6 comments

I will be the first to agree that the mortgage industry was extremely under-regulated for years and feel that lack of oversight, among other things, was largely responsible for the […]

by Hunter Palmer

Home Prices Still Rising

October 7, 2009 • 2 comments

Mortgage rates remain at near eight month lows as strong demand in the bond market drove the yield on the ten year Treasury note below 3.20% before rising slightly to […]

by Hunter Palmer

Mixed Signals in Housing Data

September 30, 2009 • 0 comments

Another mixed bag of housing data was released over the past week starting with last Thursday’s report from the National Association of Realtors that showed an unexpectedly drop in existing […]

by Hunter Palmer