Mortgage rates worsened for the week ending February 8, 2013 in response to strong economic data in the US and abroad.
Improving Market Index : Up To 201 Cities For December 2012
The Improving Market Index added 76 metropolitan areas in December as compared to the month prior.
The Federal Reserve Begins A 2-Day Meeting Today
The Federal Open Market Committee (FOMC) begins a 2-day meeting today, its last of 8 scheduled meetings this year.
October Jobs Report Blows Away Estimates; Mortgage Rates Falling
Mortgage rates are performing surprisingly well after Friday’s release of the October 2012 Non-Farm Payrolls report.
New Home Supply Remains Firmly In “Seller’s Market” Territory
According to the U.S. Census Bureau, the number of new homes sold jumped to 389,000 units in September 2012 on a seasonally-adjusted, annualized basis.
