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Contact The Dennis Pease Team at
Hybrid Real Estate

If you have any questions or need more detailed information, please contact us via phone at (541) 844-9287 or fill out the form to let us know how we can help with your real estate needs.

Office Location 2000 Cal Young, Suite C
Eugene, Oregon 97401
Direct: (541) 844-9287

Tagged : Mortgage Rates Update

There are currently 1 blog entries matching this tag.

Mortgage Rates Looking Good

Friday, October 30th, 2009 at 8:19pm. 558 Views, 2 Comments.

fthb_credit_-_home_buyers_262Mortgage rates are just slightly better than last Friday, as shown below. This is after a bad start on Monday, and then the economic picture became worse on Tuesday and mortgage rates came down for Tuesday and Wednesday. The economy looked rosy yesterday after the report on the 3rd quarter Gross Domestic Product showed an unexpected 3.5% growth. So, the bond market went down and rates went up. Apparently “rosy” only lasts 23 hours, because today, the markets are doing the exact opposite of yesterday, so rates are down again.  Bless those day traders! They sure keep it interesting.

I'm sure you've already seen the information on the proposed extension of the FTHB Tax Credit program. It has a ways to go before it is adopted, but hopefully we'll see some…

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