Mortgage rates fell last week as investor concerns over the European economy grew.
Fears of growing differences between wealthier European nations and European nations needing economic aid brought higher bond prices and lower mortgage rates.
Category Archives: Mortgage Rates
What’s Ahead For Mortgage Rates This Week: March 18th, 2013
Last week’s positive employment reports were good news for the economy, which typically causes mortgage rates to rise, but mortgage rates ended the week lower.
Whatâs Ahead For Mortgage Rates This Week: March 11th, 2013
Mortgage rates and stock markets rose last week in response to a strong jobs report and lower national unemployment rate. The Dow Jones Index reached record levels last week.
What’s Ahead For Mortgage Rates This Week: March 4th, 2013
Mortgage rates were lower last week as investors sought safety in bonds in the wake of US legislators’ failure to agree on budget cutbacks, and after Italyâs elections failed to reveal a leader committed to continuing economic reform.