Points in Our Favor: 2015 Mortgage Rates Looking Good

February 26, 2015

 

When it comes to predicting mortgage interest rates, during certain years economists are the smartest persons in the room. 2014 was not one of those years.

In 2014, economists theorized that when the Federal Reserve stopped its program of …

Fan Favorite, Nats Fest Returns to the Convention Center

December 22, 2014

The Washington Nationals’ Nats Fest returned to the Washington Convention Center Dec. 13, after being last held at National Harbor. The popular, annual event was attended by thousands of Washington Nationals’ fans and featured panel discussions of Nationals players, management …

2013: Good Year for Mortgages

November 19, 2014

 

The loan limits for single-family home mortgages were announced on Nov. 29. For the Washington metropolitan
area, loan limits for Fannie Mae and Freddie Mac backed mortgage loans remain unchanged.

In most of the country, the loan limit will …

With Helpful Fed, Mortgage Rates Head Lower for Everyone

November 6, 2014

 

The stock and bond markets can be subject to a lot of volatility in this day and age. When the stock market has a bad day, with triple-digit declines, the bond markets usually have a good day. This means …

D.C. Strong in Loan Choices, Too

September 25, 2014

 

As we enter the final months of 2014, we find a couple of outstanding news items in Washington, D.C. Real estate continues to be strong, mortgage interest rates are low and the Washington Nationals are National League East Division …

Rates Cool As Summer Heats Up

July 16, 2014

 

It seems that when the nation’s economy is ready for a breakout the Eurozone economy stands up and spoils the party.

The June report released the first week of July recorded 288,000 new non-farm payroll jobs, which blew away …

Mortgage Interest Rates Defy Most Experts

June 27, 2014

 

The mortgage market is defying almost all economists’ short-term forecasts. Most expected bond yields and mortgage yields to be on the rise in 2014. This has not been the case. The 10-year Treasury yield hit its high-water mark at …

Uncertainty Jolts Rate Increases

April 11, 2014

Mortgage interest rates rose in March after the new Federal Reserve Chairwoman Janet Yellen gave her first press conference. In her statement, Yellen implied that the federal funds rate may increase several months earlier than originally anticipated by market watchers.…

Bad News Is Good News

February 27, 2014

The employment report for the month of March released March 5, was as ugly as it gets. The consensus among economists was that around 200,000 new non-payroll jobs would be created. The number released was 88,000. Lipstick would not help …

Bad News Is Good News For Mortgage Interest Rates


 

Mortgage interest rates continue to hit new lows as the economy plods ahead slowly. Rates declined in reaction to disappointing job growth, according to a report released on July 6. The number of non-farm payroll jobs for June was …