Danville Mortgage Blog

What’s Ahead For Mortgage Rates This Week : July 11, 2011

Mortgage markets improved in roller coaster-like trading last week. And, not surprisingly, the week's two big stories were the same two stories roiling mortgage markets since March -- Greece and Jobs. Related posts:

Mid-Year Review : Were The Experts Right About The Market?

The year is half-over. It's an opportune time to take stock of analyst predictions made at the start of the year, and to recognize that the "experts" can be wrong as often as they are right. Related posts:

Economy Expected To Have Added 80,000 Jobs In June

Friday morning, at 8:30 AM ET, the Bureau of Labor Statistics releases its June Non-Farm Payrolls report. If you're currently shopping for a mortgage, or floating a mortgage rate, be prepared. Mortgage rates can change following the monthly report's release. Often, by a lot. Related posts:

What To Know Before You Move To A New Neighborhood

In this 5-minute piece from NBC's The Today Show, you'll learn a dozen complementary home-shopping techniques to help you review and evaluate a home for purchase. Each is focused on findings you won't see listed on a website. No related posts.

What’s Ahead For Mortgage Rates : Week Of July 5, 2011

Mortgage markets worsened last week as Wall Street's renewed optimism pushed equities to their best one-week gain in close to 12 months. Related posts:

5-Year ARM Falls To Historic Lows

The interest rate differential between fixed-rate and adjustable-rate mortgages continues to widen and has now reached historic levels. There's never been a better time to lock an ARM. Related posts:

Pending Home Sales Unexpectedly Spike In May

According to data from the National Association of REALTORS, the Pending Home Sales Index smashed analyst expectations, jumping 8 percent on a monthly basis in May. Related posts:

Pending Home Sales Point To Seller’s Market This Summer

Home Values Climb 0.8 Percent In April

Maybe homes are holding value better than we thought. No related posts.

Top 25 Least Expensive U.S. Cities

There are some U.S. towns in which the cost of living remains affordable -- and downright cheap -- as compared to the national average. Related posts:

New Home Supplies Drop, And So Does Homebuilder Confidence

Last month, the number of new homes sold on an annualized, seasonally-adjusted basis tallied 319,000. The May reading is the second-highest of the year, and 6 percent above the current 12-month average. Related posts: