Fresh Worries from European Banks Spook Investors – Daily Mortgage Rate Update for September 8th, 2010
September 8, 2010 by Dan Hartman · 1 Comment
With pricing at or close to its all time high today, and with traders reluctant to move prices higher, markets are presenting a compelling argument to get off the fence and lock in a rate, and that is looking more and more attractive given the roller-coaster-like ups and downs we’ve seen lately. Still, there also appears to be little compulsion among market movers to shift pricing lower, either.
Jobless Claims Dip, But How Low is Too Low a Rate? – Daily Mortgage Rate Update for August 26th, 2010
August 26, 2010 by Dan Hartman · 1 Comment
Today’s employment data is significant, as it highlights the job market that will come under intense focus next week. Remember that the first Friday of each month brings the monthly employment situation report from the Bureau of Labor Statistics, commonly known as the jobs report. Next week’s report should be even more influential than others recently, as it will be free of distortion that has been caused by the recent hiring and subsequent layoff of almost 500,000 temporary census workers.
