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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

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

Rates Lower – Single Family Starts Fall

September 23, 2009 • 0 comments

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

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

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

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

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

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

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