mortgage rates

Government Shutdown and Housing: How will it impact home buyers and sellers?

October 7, 2013 • 2 comments

As of the day of this writing, we are in day 7 of the government shutdown and neither side seems to be close to a compromise. How is this currently […]

by Michael Tarleton

Real Estate on The Rise…and Rising

June 26, 2013 • 0 comments

 A local perspective on rising home prices and rising rates from Michael Tarleton, Sr. Mortgage Loan Officer with the Bank of England. Average U.S. home prices gained 2.5 percent in […]

by Michael Tarleton

Mortgage Rates Hold Steady at 5.5%

July 22, 2009 • 0 comments

Mortgage rates have managed to hold steady despite renewed optimism in the stock market spurred by better than expected corporate earnings reports and evidence the recession is nearing an end. […]

by Hunter Palmer

Housing Market Bottoms Out

July 1, 2009 • 0 comments

Mortgage rates eased slightly this week as the bond market was reassured by comments form Chinese officials who indicated they still had a taste for US Treasury debt and that […]

by Hunter Palmer

Median Home Prices Down 16.8%

June 24, 2009 • 0 comments

Mortgage rates have eased slightly after their steep run up over the past three weeks. Thirty year mortgage rates now stand at 5.625% after peaking at 5.75%. Rates could have […]

by Hunter Palmer

Home Affordability Index Up to 72.5%

May 20, 2009 • 1 comment

Thirty year mortgage rates have been attempting to push through the 5% ceiling over the past few days as continued gains in the stock market have beaten up on bond […]

by Hunter Palmer

Fed cut Interest rates .5%

January 31, 2008 • 0 comments

Last week in an emergency meeting The Fed cut the federal funds target rate .75% (the rate that private banks lend to other banks) and cut the discount rate .75% […]

by Jason Koertge