mortage trends

Pulling the Plug on QE

In regards to mortgage trends, one of the biggest factors that occurred this week was the Fed pulling the plug on QE (Quantitative Easing). “As expected, the central bank announced an end to monthly bond purchases, known as quantitative easing, that helped fuel stock gains and increased the Fed’s balance sheet to a record. The […]

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Rates Have Hit an 18 Month Low

The big mortgage news for this last week, was that rates hit a 18 month low last Wednesday (10/15), and then promptly begin to rise due to profit taking in the bond market. But, all of this really boils down to rate are still ridiculously low. The other big news from last Friday, is the […]

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Rates are Down!!

Week of October 9th, 2014 As for mortgage trends – rates are down!!  The bond market has been strong this week, and we’ve seen that reflected in slightly lower rates.  But, on a side note, according to National Mortgage Professional Magazine – it will take the mortgage loan world three more years before it becomes […]

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