The Federal Reserve’s minutes of the last meeting came out yesterday and it was revealed the Federal Reserve will continue to inject money into the economy to spur economic growth in the form of quantitative easing. The Fed meeting minutes also revealed they are positioning themselves to be in lockstep coordination with the financial markets.…
Read MoreThis is “THE” money question. If you can accurately predict this- you are the man, no doubt about it. News Flash! Nobody can predict this information, not even Yale Economists. What we can do is gauge the economy and the health of the real estate market by the economic data that we receive on a…
Read MoreFriday October 7 marked the latest jobs report coming in showing the new unemployment rate for the US economy. Mortgage rates rose on Friday on the news of the unemployment rate holding steady at 9.1%. Mortgage rates usually improve upon the unemployment report because lately it’s been very dismal. The market action usually shifts to…
Read MoreThe Federal Open Market Committee announced on Wednesday of this week to leave the Federal Funds Rate unchanged within its target range of .25%. The Fed maintained an outlook for the US economy that since last month economic growth remains slow, unemployment rates remain elevated, and the housing sector remains depressed. Obviously, this is not…
Read MoreYes, it’s true the lowest Sonoma County mortgage rates are now on record as of August 19, 2011! 30 year fixed-rate conventional loans have fallen to an all-time record low! This could not be a better time to secure a refinance loan or a home purchase loan from an interest rate perspective. Rates are in…
Read MoreThe Debt Ceiling has resulted in low mortgage rates, get a rate quote today. For the last few weeks the Debt Ceiling news has rattled the financial markets causing the stock market to sell off. This ebb and flow of money has caused that money to flow into the bond market driving yields on bonds…
Read MoreSince the death of Bin Laden, current mortgage rates for Santa Rosa remain under 4.75%! For the last two weeks we have had a rally in current mortgage rates and you can now lock in the best mortgage since middle of 2010. Consumers are feeling stronger about the economy by pouring their money into the…
Read MoreBank mortgage rates in Petaluma are available directly from local Petaluma lenders. In the last couple of weeks 30 years mortgage rates have risen due to the Federal Reserve’s activity in buying bonds. Most borrowers today searching for bank loans are still focused on attaining the best 30 year fixed mortgage rate. While the market…
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