By: Ryan Schuette
The story for mortgage rates stayed the same Thursday, with the specter of sovereign default overseas keeping investors close to Treasury debt and interest for home loans at all-time lows.
Both GSE Freddie Mac and finance Web site Bankrate.com reported yet more troughs for fixed-rate mortgages, failing to break with more than two...

by Larry Baer

The greatest influence on the trend trajectory of mortgage interest rates this week will be Greek headlines.
In the face of social unrest and rioting over the weekend the Greek Parliament approved austerity measures that took the country one step closer to securing a bailout package that will help it avoid financial collapse. The...

After weeks of mostly positive economic news, we were destined for a step back in which the economic data is more mixed. The economy still appears to be on a mending path, however the mixed signals are reappearing in some of the economic data.

The big headline of the week of course is the national unemployment data released on Friday morning. ...

Trading activity in the mortgage market is currently in “idle mode” as investors await Friday’s much-anticipated January nonfarm payroll report and the potential culmination of talks to avert a Greek debt default.
Signs of continuing progress in talks to avert a Greek financial collapse are taking the edge off of the global...

By: Ryan Schuette

Interest rates for the benchmark 30-year fixed-rate mortgage plunged to 3.72 percent this week on new concerns about debt crises in Europe, according to real estate company Zillow.

In releasing the Zillow mortgage Marketplace, the Web site found that interest rates for the 15-year loan also fell to 3.01 percent, alongside 2.63...

by: John R. Talbott, Author
“How I Predicted the Global Economic Crisis: The Most Amazing Book You’ll Never Read”

I have been waiting for more than five years to offer this advice. It is now time in most cities across the country to buy a new home or refinance your existing home with thirty-year fixed rate mortgage debt. And this from...

This week’s three-part $99 billion Treasury debt auction, Federal Open Committee meeting, and smattering of macro-economic news will likely prove to be little more than background noise as mortgage investors wait to hear if Greece and its private creditors have reached an agreement on restructuring outstanding Greek debt obligations. ...

The National Association of Realtors said the pace of existing home sales in December was up 5.0% over the prior month’s level. For all of 2011, sales edged up 1.7% to 4.26 million units on an annualized basis – well below the 2005 peak of 7.08 million units. The inventory of homes currently on the market have dropped to 6.2 months...

mortgage investors are taking a “wait-and-see” approach in front of today’s $21 billion 10-year Treasury note auction. Nagging worries about Europe in the wake of a warning about the survivability of the euro from major debt rating agency Fitch and data showing a rather sharp contraction in Germany’s fourth-quarter economic performance will almost...

By: Ryan Schuette

Uncertainty in the markets helped ring in the New Year with record lows for mortgage rates, as concerns over debt crises and job growth lingered for wary investors.

Finance Web site Bankrate.com and mortgage company Freddie Mac released their findings for mortgage rates Thursday in two separate weekly surveys.

Bankrate.com reported...