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

Mortgage Rates Spike to 2-Month Highs

Mortgage Rates continued sharply higher today, as financial markets quickly adjust their outlook for global monetary policy (the rate-setting and asset purchases among central banks like the Fed).  The move began with yesterday’s announcement and press conference from the European Central Bank … Continue reading

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Mortgage Rates Rise Thanks to Europe

Mortgage Rates bounced higher today, bringing them back in line with the pervasive range of the past several weeks.  As of yesterday, rates were technically at 2-week lows.   The ultra-narrow range continues to be an important caveat for any discussion of … Continue reading

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Mortgage Rates Lowest in Several Weeks

Mortgage Rates moved lower today at a slightly better pace than the recent norm.  That’s not saying much in the bigger picture, because “the norm” has been almost zero movement in either direction for several weeks.  Such a narrow range makes … Continue reading

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Top tips to negotiate your insurance settlement with a Professional lawyer

The scariest possible thing to occur to you is to get into an unforeseen situation just when you least expected. Yes, I am talking about finding yourself in a dangerous and serious situation right after you have met with a … Continue reading

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Mortgage Rates Fall Back Into Range

Mortgage Rates were in a bit of a pickle on Friday afternoon.  The big jobs report had just come out slightly weaker than expected, yet rates didn’t improve as they normally would, following such data.  In fact, underlying bond markets were … Continue reading

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Mortgage Rates Remain Near Recent Highs After Jobs Report

Mortgage Rates were steady to slightly higher today, depending on the lender–a relative victory considering the potential volatility associated with today’s jobs report.  Though bigger bullets may have been dodged, the lack of improvement means rates remain near their highest levels in … Continue reading

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Mortgage Rates Face High Stakes in Jobs Report

Mortgage Rates were slightly higher today, bringing them near their worst levels in several weeks.  The caveats are twofold.  First of all, the worst levels of the past several weeks are some of the lowest rates in history.  Apart from July/Aug … Continue reading

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Mortgage Rates Exceptionally Flat

Mortgage Rates were unchanged today, ending a month without much movement in general.  In fact, the most prevalently quoted conventional 30yr fixed rate on top tier scenarios remained in a range of 3.375-3.5% for more than 45 days!  That’s the sort … Continue reading

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Mortgage Rates Back in Familiar Range For Now

Mortgage Rates did one of two things today, depending on the lender in question.  Some lenders simply held in line with yesterday’s latest levels (in other words, they were ‘unchanged’ on the day).  Other lenders had some ground to make up … Continue reading

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Mortgage Rates Unfazed By Yellen

Mortgage Rates were unchanged to slightly lower this morning following the much-anticipated Jackson Hole speech from Fed Chair Janet Yellen.  Markets were looking for clues about upcoming rate hikes, but true to form, Yellen played things close to the vest.  Underlying bond … Continue reading

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