Mortgage rates got a little better on Wednesday and Thursday, and leveled off today. We're seeing the 3 year and 5 year ARM loans coming back down to much better rates. Some of the initial rate drops this week were spawned by the ongoing run up in ...
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The Rhody Days Festival is held the 3rd week of May every year in Florence Oregon on the amazing Central Oregon Coast. The festivities this year run May 16th, 17th and 18th, 2008. This year makes 101 years of this springtime festival that first sta...
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The Labor Dept takes the spotlight today, as it always does on the first Friday of each month. The unemployment figure dropped from 5.2% to 5.0%, and there were only 20,000 jobs lost during the month of April. That's 20,000 people who don't see this ...
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Rates are about the same this week as last. They did, in fact, go down a bit during the first part of the week, but the ongoing fear of inflation keeps bumping rates back up. The biggest underlying factor keeping this fear alive is the anticipation t...
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Another bumpy week, but this time it's been more ups than downs. As shown below, mortgage rates have increased across the board by about .25%. This in spite of several economic reports that again paint the economy in a rather dim light. Investors are...
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Bond market pricing went up today, after being down yesterday, and up the day before, and down the day before that, and so on. But, today's monthly report out of the University of Michigan , formally known as "The Index of Consumer Sentiment&quo...
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The employment figures for March were released today by the Labor Dept. Not so good on the national front. The unemployment figure rose to 5.1% with 80,000 jobs lost during the month. These numbers are certainly not good, and once again point toward ...
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“Volatility”, is the not-so-secret word for today. With everything the Federal Gov't is trying to do to stimulate the economy and control inflation, it's not surprising that the markets and rates are on that virtual roller coaster. The f...
149 Views, 5 Comments.