Posts Tagged ‘fed’

Home Sales Up For 3rd Straight Month

Sales of existing homes hit their highest levels since October when the numbers for June were calculated. 5.04 million homes were sold in June, and this was the first time existing home sales were above 5 million since October. While this represents an increase, sales were still 2.3% lower than June of last year. Sales Read More »... Read more ›

  • box home loans,
  • fed,
  • home sale trends,
  • janet yellen,
  • mortgage rates

Why Mortgage Rates Fluctuate

Why Mortgage Rates Fluctuate Mortgage interest rates fluctuate a bit differently than other, shorter term consumer loan rates. Credit cards, personal and auto loans typically fluctuate with lender cost of funds and prevailing short-term market rates. Mortgage rates change with the national economy strength or weakness, economic forecasts, Federal Reserve controls of the money supply Read more ›

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  • mortgage interest rates,
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