The numbers are still moving very little. Foreign currency values did climb a bit relative to the dollar, but only a little bit. The 6-month T-note is back up to 0.10%, which seems simply a move that takes it back to where it was before the latest interest rate spike. All seems pretty much retu
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02/14/2014
This week brings us the release of three pieces of monthly economic data that is relevant to mortgage rates in addition to two Treasury auctions and semi-annual Fed testimony. All of the economic data is set for release the latter part of the week while the other events will take place during the
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02/09/2014
This Week's Mortgage Rate Trends - February 2, 2014: This week brings us the release of five monthly or quarterly economic reports that are likely to influence mortgage rates. The week opens and closes with key reports for the markets to digest and in between is some moderately important data. Wi
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02/03/2014
This week is packed with economic reports and other events that are relevant to bond trading and mortgage rates. There are seven pieces of monthly or quarterly economic data scheduled with at least one being posted four of five days. In addition to those reports, there is also a two-day FOMC meet
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01/26/2014
This week brings us the release of only two pieces of monthly economic data for the markets to digest, but neither of them is considered to be highly important for mortgage rates. It is a shortened trading week with the stock and bond markets closed tomorrow in observance of the Martin Luther Ki
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01/19/2014
Interest Rate Commentary ~ September 13, 2013 Very little that is likely to really change the direction of interest rates or to add much force to current trends—was evident in this past week’s indicators. Indeed, there was a gentle settling taking place in most markets. Gold, for example, whose p
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09/12/2013
The first thing worth mentioning is that there seem to be few repercussions from the surprising decline in the number of new homes sold (more accurately, entered into a contract of sale) in July. (Specifically, sales of new homes fell from 455,000 to 394,000 in July compared to June.) That this o
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09/06/2013
Five Credit-Repair Musts for Potential Homebuyers Buying a home is one of life's most rewarding experiences. Homeownership offers a great way to build equity and create stability for your whole family. Of course, most buyers in the greater Tahoe-Truckee region must work with a mortgage banker
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08/26/2013
Ten Things Every First-Time Homeowner Should Know There's nothing quite like buying a house for the first time. Applying for a home loan and shopping for a house can be overwhelming. It's important to educate yourself before dealing with realtors and sellers. Knowing these ten essential points ca
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08/26/2013
Why do credit scores differ between bureaus or where you pull a credit report? Credit scores can differ between bureaus because creditors are not required to report to any or all bureaus. Some smaller creditors only choose to subscribe and report a consumer’s credit information to 1 or 2 bureaus
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06/22/2013