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Rates Remain Low / Housing Starts Tumble

November 18, 2009 • 2 comments
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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

Home Prices Still Rising

October 7, 2009 • 2 comments
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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

Rates Lower – Single Family Starts Fall

September 23, 2009 • 0 comments
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We have had some good news on the housing front over the past week as the National Association of Homebuilders reported that builder confidence rose in September for the third …

by Hunter Palmer

Rates Ease and Home Prices Post Record Fall

August 12, 2009 • 0 comments
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Mortgage rates have eased since last week with the rate on the benchmark thirty-year, fixed-rate falling back below 5.50% to settle in at 5.375%. That’s a .25% improvement since last …

by Hunter Palmer

Rates Hold, Home Sales Picking Up

July 29, 2009 • 0 comments
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Mortgage Rates have managed to survive some significant volatility in both the equity and bond markets over the past week to remain at 5.50% for thirty-year, fixed-rates. Stocks reacted positively …

by Hunter Palmer

Housing Market Bottoms Out

July 1, 2009 • 0 comments
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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

Housing Starts Shoot UP 17%

June 17, 2009 • 0 comments
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Mortgage rates have eased somewhat this week as weakness in the stock market has translated into higher demand for bonds. Stocks have been hit by a renewed sense of uncertainty …

by Hunter Palmer

30 Year Fixed Spikes 1/2 Point

June 3, 2009 • 0 comments
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What a difference a week makes! Last Wednesday I reported that the days of long-term mortgage rates under 5% were likely at an end. Seven days later we find the …

by Hunter Palmer

Higher Interest Rates Drop Refi Applications

May 28, 2009 • 0 comments
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We are beginning to see a bit more volatility with rates as compared to the past several months as the stock market continues to post gains despite continued economic uncertainty. …

by Hunter Palmer