Mortgage rates rose last week following positive news regarding employment as the U.S. unemployment rate fell for the fifth straight month in January, moving down to 8.3%, the lowest level since February 2009. 243,000 jobs were added to the economy during the last month as well. This data provided more confirmation that the economy is moving in a [...]

Once again we’re seeing mortgage rates close near all time historical lows. Again? We may sound like a broken record, but Eurozone debt issues continue to weigh on the markets, pushing mortgage rates lower. This means that there is still an opportunity to refinance or purchase a home with a mortgage that will cost you [...]

Consumer Confidence Numbers Released The Conference Board Consumer Confidence Index, remained essentially unchanged in September after declining sharply in August. The index data came in at 45.4 which is up slightly from 45.2 in August. In other words, the index is showing that consumer confidence is unchanged, which sounds about right. Case-Shiller Home Price Index The [...]