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    Tag: free mortgage outlook

    Rate Update July 22, 2009

    Sometimes words can be louder than actions.  As we expected in yesterday’s ‘rate update’ mortgage rates have improved modestly this morning thanks to Ben Bernanke’s assurances that the Fed has the tools to curb future inflation (even though no action has been taken thus far). We pointed out earlier in the month the importance of [...]

    Rate Update July 20, 2009

    Back on July 7th I outlined the importance of watching the stock market in determining the direction of mortgage rates as we entered into the 2nd-quarter earnings season.  Last week positive sentiment from Goldman Sachs, Intel, and Google as well as better than expected housing data helped the Dow Jones Industrial Average rise by almost [...]