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(Best Syndication News) Mortgage interest rates were lower again this week, down one basis point since last Monday (see mortgage rate charts below). Chase and KeyBank dropped their rates as the benchmark indexes began to fall.
Stock markets were mixed last week as traders rode a roller coaster of positive economic news and mostly negative news from the central bank. A report from the Federal Reserve didn’t provide any indication there would be another round of quantitative easing (QE3).
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(Best Syndication News) Mortgage interest rates were lower today while worried traders sought safe-haven investments again (see mortgage rate charts below). PNC, Citibank, and several other banks were among the lenders making changes.
Weak German retail numbers spooked investors ready to take some profits after the Dow toyed with 13,000 again on Thursday. European debt concerns spread to Spain after the Spanish government raised their budget deficit target for the fiscal year.
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(Best Syndication News) Mortgage interest rates were higher today as many of the lenders eyed the benchmarks and made adjustments (see the mortgage rate charts below). Most of the benchmarks were higher; however Bank of America lowered their loan rates.
Stock markets in the United States were higher Thursday as initial jobless claims continue to beat expectations. The DJIA index advanced 28 points (+0.22%) while traders moved from safe government bonds and notes to equities.
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(Best Syndication News) Mortgage interest rates were mixed today as the benchmarks traveled in different directions (see the mortgage rate charts below). U.S. Bank lowered their conventional rates while KeyBank raised them.
Stock markets opened higher today but turned south after the Federal Reserve provided some mixed signals. The Mortgage Bankers Association (MBA) said that mortgage applications fell 0.3 percent last week compared to the previous week.
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(Best Syndication News) Mortgage interest rates were slightly lower today despite the rise in some of the controlling benchmarks (see the mortgage rate charts below). Wells Fargo and PNC were among those lenders making changes.
Capital markets shifted back into riskier equities on Tuesday after the Conference Board reported better than expected consumer confidence in February. Combine that positive indicator with the approval of the Greek bailout package by the German Parliament, and investors pushed the DJIA up above the 13,000 mark, the first time since 2008.
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Important: The material on Best Syndication is for informational purposes only and is not meant to be advice. Authors may have or will receive monetary compensation from the company's product/s mentioned. You should always seek professional advice before making any legal, financial or medical decisions and this website cannot substitute or replace any trained professional consultation. |
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