A quiet past week in economic news caused mortgage rates to worsen slightly. This week, however, will be packed with economic reports which may have an impact on interest rates going forward. Freddie Mac reported that the average rate for a 30-year fixed rate mortgage rose by 3 basis points from 3.53 percent to 3.56 …
What’s Ahead For Mortgage Rates This Week: February 11th, 2013
Mortgage rates worsened last week in response to more indications that the U.S. economy and global economic trends are improving. Global economic data was stronger than expected; which generally boosts investor confidence and leads to higher mortgage rates in Missouri and across the country. According to Freddie Mac, the average rate for a 30-year fixed …
What’s Ahead For Mortgage Rates This Week : January 28, 2013
Mortgage rates rose last week as investors gained confidence in the global economy. China and Europe posted better-than-expected manufacturing rates, U.S. Jobless Claims fell for the second straight week, and the worst of the European debt crisis appears to have passed. Last week’s economic news provided further evidence of a strengthening U.S. economy. The National …
Debt Service is a Disservice
It is illogical and foolish to throw away or waste something that you need, which is why many people experience a sinking feeling whenever they are forced to do so. Unfortunately, many have to see their hard-earned money practically disappear without any material benefit to them, thanks to the existence of debt and debt servicing. …
What’s Ahead For Mortgage Rates This Week : January 7, 2013
Mortgage rates in Ozark rose during the first week of 2013. The fiscal cliff crisis was resolved prior to the market’s opening Wednesday, when legislators voted to approve a deal. While many tax cuts were extended for taxpayers earning less than $450,000 annually, other facets of the fiscal cliff issue are yet to be addressed, …
