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Posts Tagged ‘ lows ’

BLS: Unemployment Rates in May at New Series Lows in Texas and Vermont

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BLS: Unemployment Rates in May at New Series Lows in Texas and Vermont

From the BLS: Regional and State Employment and Unemployment Summary Unemployment rates were lower in May in 6 states, higher in 2 states, and stable in 42 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported today.… Vermont had the lowest unemployment rate in May, 2.1 percent. The rates in...
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Mortgage Rates at 2017 Lows

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Mortgage Rates at 2017 Lows

From Matthew Graham at Mortgage News Daily: Mortgage Rates Little-Changed at 2017 Lows Mortgage rates didn’t move much today, despite plenty of strength in underlying bond markets.  This would normally coincide with lower rates, so what’s the deal? The main issue is timing.  Bond markets weakened yesterday afternoon.  This would imply higher rates, but most lenders...
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Mortgage Rates at Record Lows

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Mortgage Rates at Record Lows

Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • Early, Reis Q2 2016 Apartment Survey of rents and vacancy rates. • At 8:30 AM,Trade Balance report for May from the Census Bureau. The consensus is for the U.S. trade deficit to be...
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“6-Day Winning Streak Leaves Mortgage Rates Near All-Time Lows”

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“6-Day Winning Streak Leaves Mortgage Rates Near All-Time Lows”

From Matthew Graham at Mortgage News Daily: 6-Day Winning Streak Leaves Rates Near All-Time Lows Mortgage rates fell moderately today, adding a 6th day to a winning streak that began with last week’s Brexit news and bringing rates right to the brink of all-time lows…. bringing some lenders from 3.625% to 3.375%, which is...
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“Mortgage Rates Down to New 8-Month Lows”

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“Mortgage Rates Down to New 8-Month Lows”

Wednesday:• 7:00 AM ET, the Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • 8:15 AM, the ADP Employment Report for January. This report is for private payrolls only (no government). The consensus is for 190,000 payroll jobs added in January, down from 257,000 in December. • 10:00...
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Mortgage News Daily: Mortgage Rates Near July Lows

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Mortgage News Daily: Mortgage Rates Near July Lows

From Matthew Graham at Mortgage News Daily: Mortgage Rates Slowly Approach July Lows Mortgage rates continued the recent trend of very small improvements today. Most lenders are essentially unchanged, and while a few rate sheets were higher than yesterday’s, they were the exception. The average improvement was so small that it would have no...
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30 Year Mortgage Rates decline to March Lows

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30 Year Mortgage Rates decline to March Lows

From Matthew Graham at Mortgage News Daily: Mortgage Rates End Week at March Lows Mortgage rates moved modestly lower on average today after doing an admirable job of holding their ground amid weaker market conditions yesterday. That weakness was largely the result of a technical correction to the immense strength seen after Wednesday’s Fed...
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Freddie Mac: “Mortgage Rates Find New Lows for 2014″

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Freddie Mac: “Mortgage Rates Find New Lows for 2014″

Friday:• At 10:00 AM ET, Regional and State Employment and Unemployment (Monthly) for November 2014 • At 11:00 AM, the Kansas City Fed manufacturing survey for December. From Freddie Mac: Mortgage Rates Find New Lows for 2014 Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage...
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Mortgage rates finish year near historic lows

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Mortgage rates finish year near historic lows

The nation's average mortgage interest rates are finishing 2011 near all-time historic lows, helping to keep homebuyer affordability high. The Freddie Mac mortgage market survey showed the 30-year, fixed-rate mortgage averaged 3.95% for the week ending Thursday, up from the prior week's average of 3.91%. Last year at this time, the 30-year FRM averaged...
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Mortgage rates edge down, ARMs reach new lows

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Mortgage rates edge down, ARMs reach new lows

Mortgage rates declined this past week, with adjustable-rate mortgages hitting new lows, according to Freddie Mac's latest Primary Mortgage Market Survey. Adjustable-rate mortgages hit new lows, with the 5-year Treasury indexed ARM averaging 2.91% this past week, down from 2.97% a week earlier. Last year, the same rate hit 3.45%. The 1-year, Treasury-indexed ARM...
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