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FOMC Expected To Announce New Stimulus Today

September 13, 2012 by Robby Oakes

The FOMC adjourns from a 2-day meeting today. Mortgage rates are expected to change — perhaps by a lot.

Filed Under: Federal Reserve Tagged With: Fed Funds Rate, FOMC, Mortgage Rates

Freddie Mac 30-Year Fixed Rate Mortgage Rates Rises To 3.55%

August 3, 2012 by Robby Oakes

This week, for the first time since mid-June, the 30-year fixed rate mortgage rate climbed on a week-over-week basis, moving 6 basis points to 3.55%, on average.

Filed Under: Mortgage Rates Tagged With: 30-Year Fixed Rate Mortgage, Freddie Mac, Mortgage Rates

Singe-Family Housing Starts Rise For 4th Straight Month

July 19, 2012 by Robby Oakes

New construction housing is in a post-recession rally.

Filed Under: Housing Analysis Tagged With: Housing Market Index, Housing Starts, Mortgage Rates

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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