Home » Archive by Category "Financial"

Headline News: Financial

Global Financial News, Breaking Financial News, Debt and Mortgage Loan Crisis News

Mortgage Rates Not Too Troubled by European Tapering

Mortgage rates were only somewhat higher today, on average, and some lenders were actually right in line with yesterday’s offerings.  All this despite the fact that the European Central Bank (ECB) confirmed rumors that it was planning on reducing the amount of … Continue reading

Filed under Financial | Tagged |

Mortgage Rates Fall Ahead of European Central Bank Announcement

Mortgage rates moved moderately lower today, as financial markets positioned themselves for an important announcement from the European Central Bank (ECB) tomorrow regarding the possibility of tapering its asset purchases.  Much like the market movement seen in late 2013 following the Fed’s … Continue reading

Filed under Financial | Tagged |

Mortgage Rates Hold Eerily Steady

Mortgage rates barely budged today, with most lenders offering the exact same quotes as yesterday.  While we have seen a few days with similar day-over-day results recently, most of those involved intraday ‘reprices’ (i.e. lenders changing rates in the middle of the … Continue reading

Filed under Financial | Tagged |

Mortgage Rates Bounce Lower Despite Jobs Report

Mortgage rates erased yesterday’s losses after today’s jobs report, though not necessarily because of it.  The Employment Situation (affectionately referred to as “the jobs”) is traditionally one of the biggest sources of market movement.  So when rates make a big move following … Continue reading

Filed under Financial | Tagged |

Vital tips to make the most out of your removal budget – Taking care of your finances

Are you someone who is relocating for purposes of work? Or is your employer offering you a lump sum on your removal budget which you need to move your household goods? Or are you someone who has to set a … Continue reading

Filed under Financial |

Mortgage Rates Surge Above 2-Year Highs

Mortgage rates spiked abruptly today, bringing them to the highest levels in well over 2 years.  The average lender is now quoting conventional 30yr fixed rates of 4.25% on top tier scenarios with more than a few already up to 4.375%.  You’d … Continue reading

Filed under Financial | Tagged |

Mortgage Rates Lowest in a Week

Mortgage rates continued lower today.  While the pace of improvement was slightly slower, it was enough to get the average lender rate sheet back to levels seen last Tuesday.  That makes this the first time since before the election that rates … Continue reading

Filed under Financial | Tagged |

Mortgage Rates Fall at Fastest Pace Since Brexit

WARNING: this article’s headline makes the overall mortgage rate situation sound much better than it actually is.  While it is indeed a fact that today’s rates are lower than the previous business day’s rates by the widest margin since Brexit, caveats … Continue reading

Filed under Financial | Tagged |

Production Squeeze Trumps Price Drop Following U.S Election

The dramatic drop in gold prices since the election of Donald Trump on November 8th could reverse itself just as quickly given challenges with which producers are having in discovering more of the yellow metal. “We are having a heck … Continue reading

Filed under Financial |

Mortgage Rates Little-Changed as Markets Close Early

Mortgage rates were unchanged-to-slightly-higher today, depending on the lender.  Most lenders put out rate sheets in fairly conservative territory on Wednesday for the express purpose of not needing to mess with them too much today.  With the Friday after Thanksgiving being an … Continue reading

Filed under Financial | Tagged |