Archive for the ‘AQ’ Category:

Mortgage Rates: Moment of Reprieve

{ Posted on Aug 26 2011 by Adam Quinones }
After setting new lows last Thursday, mortgage rates drifted higher this week...that is until today when consumer borrowing costs improved sharply. This can be seen in the chart below.... If the note rate line is moving up, the closing costs ...Read More »

Mortgage Rates: Losing Streak in Progress

{ Posted on Aug 23 2011 by Adam Quinones }
Consumer borrowing costs rose marginally today, marking the third consecutive session where mortgage rates have ticked slightly higher.  Although we're not yet looking at an unfriendly development in BestExecution rate quotes, the pressure is definitely on. We're teetering on a ...Read More »

Mortgage Rates: Illustrating Lifetime Lows

{ Posted on Aug 19 2011 by Adam Quinones }
Despite a volatile back-drop, mortgage rates continue to hover near all-time lows. The reason we bring up volatility again is, although many lenders have greatly improved their consumer rate quotes over the past two weeks, there is an increased amount of ...Read More »

Mortgage Rates: Hovering Near All-Time Lows

{ Posted on Aug 17 2011 by Adam Quinones }
Borrowing costs improved once again today. Mortgage rates are hovering near all-time lows.   Though many lenders have greatly improved their consumer rate quotes over the past two weeks, we must point out an increased amount of variety in what individual lenders are now ...Read More »

Mortgage Rates: Opportunity Knocks

{ Posted on Aug 15 2011 by Adam Quinones }
Mortgage rates re-entered record-low territory last week, one-day after the Federal Reserve announced it would continue lending cash to banks at a 0% interest rate.... explicitly for the next two-years. Since then consumer borrowing costs have risen marginally, but remain ...Read More »