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Direct Your Own Loan – Rate Trends Week 38

The markets are closed today for Easter, but at the time I am writing this, mortgage interest rates are less than 1/8th of a percent lower than they were last Friday. The Euro zone continued to shake...

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Direct Your Own Loan – Rate Trends Week 39

At the time I am writing this, mortgage interest rates are almost 1/4th of a percent lower than they were last Friday. This week was employment week with ADP employment estimates on Wednesday and the...

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Direct Your Own Loan – Rate Trends Week 40

At the time I am writing this, mortgage interest rates are less than 1/8th of a percent higher than they were last Friday. This week was a slow week in terms of important economic reports. Yesterday...

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Direct Your Own Loan – Rate Trends Week 41

At the time I am writing this, mortgage interest rates are less than 1/8th of a percent lower than they were last Friday. This week was a slow week in terms of important economic reports. Mortgage...

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Direct Your Own Loan – Rate Trends Week 42

At the time I am writing this, mortgage interest rates are less than 1/8th of a percent higher than they were last Friday. There was a lot of financial news this week. The Federal Reserve Board (FED)...

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Direct Your Own Loan – Rate Trends Week 43

At the time I am writing this, mortgage interest rates are 1/8th of a percent higher than they were last Friday. This week was a slow week in terms of relevant economic reports. Markets were still...

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Direct Your Own Loan – Rate Trends Week 44

At the time I am writing this, mortgage interest rates are less than 1/8th of a percent higher than they were last Friday. Most economic reports that came out this week were negative. This seems to...

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Direct Your Own Loan – Rate Trends Week 45

This week the markets finally seem to be returning to normal after the last few week’s wild ride. It all started back on 6/19 when the Federal Reserve Board (FED) President Ben Bernanke announced that...

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Direct Your Own Loan – Rate Trends Week 46

This week’s big event was the Federal Reserve’s (FED) President Ben Bernanke’s biannual testimony in front of Congress and the Senate. The reason this is so important is that the FED has been keeping...

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Direct Your Own Loan – Rate Trends Week 47

This week’s two big events were the Federal Reserve’s (FED) meeting and employment report. On Wednesday the FED had their meeting and afterwards they are leaving interest rates where they are at for...

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