smyrna mortgage rates: Smyrna Vinings home mortgage interest rates update - 03/09/14 03:36 AM

The Week in Review:
Smyrna Vinings home mortgage interest rates marginally decreased this week as the upheaval in the Ukraine has become more of a market force than US economic indicators. Rates moved almost .125% lower.
What to Expect:
It is an interesting week for economic data. The biggest report of all – the monthly Employment Report – comes out Friday. There are multiple other reports on tap as well, including personal spending and manufacturing reports.
The developments oversea will continue to shape the markets. However, recent economic data has been favorable. If the global fear subsides this week, home … (0 comments)

smyrna mortgage rates: Smyrna Mortgage Rate Update - 02/14/14 07:52 PM

The Week in Review:
What's the latest news on Smyrna Vinings home loan rates? We saw very little change in home mortgage interest rates last week. Friday’s employment report was weak, but most discounted the report due to an unusually cold winter.
What to Expect:
Most economists called for higher mortgage rates in 2014; however, rates have moved lower so far this year. Has the projection changed?
So far this year, the combination of domestic lackluster economic reports along economic and currency weakness in various overseas countries have helped move interest rates lower.
Janet Yellen delivered her first public remarks … (0 comments)

smyrna mortgage rates: Smyrna Home Buyers - Mortgage Rate Update - 01/18/14 02:21 AM

The Week in Review:
Time for your Smyrna Vinings mortgage rate update. The December jobs report surprised the markets last Friday with a much lower than expected number of job gains. The report helped mortgage interest rates drop from multiple year highs.
What to Expect:
The drop in rates continued into this week. However, it would not be wise to see this as a change in the overall trend. Home mortgage interest rates will continue to climb during the year. The advice is to get them while you can.
This week we will receive numerous economic reports starting Tuesday. Retail, … (0 comments)

smyrna mortgage rates: Smyrna Mortgage Rate Update Week of November 18, 2013 - 11/20/13 06:18 AM

The Week in Review:
After increasing for the previous couple of weeks, Smyrna Vinings mortgage interest rates declined last week. Lackluster economic reports and comments from Janet Yellen caused mortgage rates to drop by approximately .125% on the week.
What to Expect:
This week is packed with economic reports which pull the market either direction. We will get a speech by at least one Fed member each day this week. The market will search for clues about when the Fed may temper its’ bond purchase program. In addition, the minutes of the October Fed meeting are released Wednesday.
Overall, we … (0 comments)

smyrna mortgage rates: Smyrna Home Buyers - Rates on the Move - 08/31/13 08:41 PM

The Week in Review:
Home mortgage interest rates moved through most of the week at multiple year highs. However, rates came down just a bit on Friday. On the week, mortgage rates moved marginally lower.
What to Expect:
The direction of mortgage interest rates over the next few weeks will be determined by economic data. The minutes of July’s Fed meeting released last week reiterated that the decision to taper its Bond Purchase Program will be data dependent. Each economic report will cause traders to speculate on when the Fed begins tapering.
With that said, we have a large number … (1 comments)

smyrna mortgage rates: Smyrna Homebuyer Rate Alert - 08/24/13 05:40 AM

The Week in Review:
It was a rough week for mortgage interest rates. Positive economic news continued to fuel the fire that the Fed would taper the bond purchase plan sooner than later. Rates climbed .25% to .375% on the week.
What to Expect:
Economic reports will not be a factor this week. Instead, the minutes from the Fed’s last FOMC meeting being released on Wednesday could be a market-mover. The market will be watching closely for clues as to the date the Fed will begin tapering. Also, the Jackson Hole Economic Summit happens at the end of the week. … (0 comments)

smyrna mortgage rates: Interest Rates are on every Smyrna homebuyer's Mind - 08/17/13 03:09 AM

The Week in Review:
Mortgage interest rates have remained in a tight range the past two weeks. Will the trend continue?
What to Expect:
Ultimately, the future of home loan rates depends on when the Fed’s decides to taper the bond purchase program. Amid the speculation regarding the timing of this event, we have a week full of economic data to digest.
The long-term direction of mortgage rates is upward and we currently sit at the low end of our recent pricing range. Most expect rates to move upward during the week.
For transactions closing in:
Next 30 Days: Lock
(2 comments)

smyrna mortgage rates: Smyrna Vinings Mortgage Rate Update week of July 29th - 08/01/13 01:02 AM

The Week in Review:
Smyrna Vinings mortgage interest rates began the climb upward once again last week. Rates ended close to .125% higher after moving downward for a couple of weeks.
What to Expect:
This is a monster week with two market-moving events on the agenda. First, the monthly Fed meeting and interest rate decision could set the tone for near-term interest rate movement. Second, and equally important, is Friday’s Jobs Report where we obtain a reading on the state of employment. The Fed made employment one of their main factors in determining when to scale back QE initiatives.
There … (1 comments)

smyrna mortgage rates: Smyrna Vinings Homebuyer Rate Alert - 07/17/13 06:27 AM

The Week in Review:
Home mortgage interest rates came down a hair last week as Fed Chairman Bernanke attempted to calm the markets by stating accommodative monetary policy will remain in place for the foreseeable future. Rates moved down about .125%.
What to Expect:
There are a number of economic reports on tap for the week. However, those reports will be overshadowed by Bernanke’s scheduled testimony to congress on Wednesday and Thursday. Everyone wants to know the answer to one question: “What are the Fed’s plans for the future of QE”. You can bet he will get grilled on this … (3 comments)

smyrna mortgage rates: Back to the Rollercoaster Days of Mortgage Rates - 07/03/13 05:02 PM

The Week in Review:
Smyrna Vinings mortgage rates are active. After an approximate 1% upswing in home loan rates over the past couple of weeks, interest rates stabilized and dropped about .125% by weeks end. Will they continue to drop?
What to Expect:
It’s an important holiday-shortened week for bond and mortgage markets. Fed Chairman Bernanke has targeted unemployment as one of the key factors in determining when to stop providing stimulus to the economy. So, Friday’s Jobs Report has a chance to be a big market-mover. Will the report light up the night sky with brilliant colors and an … (0 comments)

smyrna mortgage rates: Will Interest Rates Continue to Spike? - 06/25/13 09:47 PM

The Week in Review:
It's been a crazy week for Smyrna Vinings homebuyers. When Bernanke speaks, the markets listen (and react!). Fed Chairman Ben Bernanke announced the Fed would begin to taper the bond purchase plan this year and likely end the program by mid-2014. The markets were expecting comments about the future of the stimulus plan but were not prepared for such a clear exit strategy. The announcement shocked stock and bond markets causing a three day selloff. Home mortgage interest rates ended .375% to .50% higher.
What to Expect:
This week, it’s still all about the FED.  The … (1 comments)

smyrna mortgage rates: Smyrna Vinings Mortgage Rates Going Up - 06/06/13 03:31 AM

The Week in Review:
Thankfully, June is here. The month of May was not kind to mortgage interest rates. Overall, home loan rates moved up around .50%.
What to Expect:
With the rapid run-up in mortgage rates, will they come back down? The answer: It is possible.
The underlying bond market needs a catalyst to end the current month run upward. Could Friday’s employment report provide the fuel needed to turn the market around? Maybe. The markets never go straight up or straight down.
Many bond traders are expecting a reversal at these levels; however, the overall big picture for … (1 comments)

smyrna mortgage rates: Smyrna Mortgage Rate Update April 26th - 04/25/13 06:13 PM

The Week in Review:
Home mortgage interest rates remained unchanged last week. We did get some good news that housing starts are on the rise indicating continued strength in the housing market.
What to Expect:
This week we will get a number of economic reports including Gross Domestic Product for the first quarter. 170 of the companies that comprise the S&P 500 will be reporting earnings. If earnings are strong and stock move higher, home loan rates could move higher.
Mortgage rates are moving higher in the longer term. After rising most of 2013, rates have quickly moved back down … (0 comments)

smyrna mortgage rates: Smyrna Vinings Mortgage Rate Update week of March 25th - 03/27/13 03:05 AM

The Week in Review:
News Flash… Rates did not rise last week (applause). In fact, mortgage rates decreased slightly. After a long run upward, mortgage interest rates appear to be taking a breather.
What to Expect:
We obtained some breaking news over the weekend about possible bank failures in Europe. The headlines once again bring the European debt crisis back to the limelight. The uncertainty should help push mortgage rates down this week. Don’t expect a major decrease but the betterment should help those in a position to lock in rates.
There are several reports and events this week. The … (0 comments)

smyrna mortgage rates: Smyrna Mortgage Rate Update March 8th - 03/07/13 04:49 PM
 
The Week in Review:
Mortgage rates remained unchanged to just slight lower last week. 
What to Expect:
It looks like the stock market will reach all-time highs this week and you can expect that money will flow out of bond markets and into stocks. 
Sequester fears seem to be fading and this will also cause money to flow out of bonds.
It is Employment week.  The job figures have been favorable recently.  If the trend continues, home mortgage rates could continue to rise.  We remain in lock mode.
If you have a transaction closing in the:
Next 30 … (1 comments)

smyrna mortgage rates: Vinings Mortgage Rate Update for April - 05/27/12 07:36 AM

The Week in Review:
Mortgage interest rates were sitting at low-time lows this week. European debt woes have continued to control the economic spotlight and have prompted money from all over the globe to flow into the safety of the US bond market. Home loan rates decreased slightly during the week.
What to Expect:
Greece and company will continue to keep home loan rates low in the near term. However, we have seen rates move quickly up from these levels repeatedly before.
The economic calendar is light this week ahead of a holiday weekend. Our advice is to take advantage … (0 comments)

smyrna mortgage rates: Don't wait to buy your new home - 03/22/12 01:11 AM

The Week in Review:
What a difference a week can make! Mortgage interest rates moved higher after last week’s Fed statement that the economy is improving and there is reason to believe inflation could pick up. Home loan interest rates increased by approximately .25% – the biggest weekly increase in a long time.
What to Expect
Where are we in the economic cycle? Economic reports have shown improvement since the 3rd quarter of 2011, the labor market is slowly getting back on track and it sure seems hard to find a parking spot at the mall.
I feel we are … (1 comments)

smyrna mortgage rates: Smyrna Vinings Mortgage Rate Update February 15 2012 - 02/15/12 02:51 AM
Time for a quick update on the Smyrna Vinings mortgage rates market.
The Week in Review:
There was no substantive economic news last week and mortgage interest rates continued a slow climb upward during the week. Home loan rates were up about .125% on the week.
What to Expect:
This week is packed with possible market-moving news. First, Greek leaders agreed to make certain budget cuts necessary to secure a financial bailout over the weekend. There are meetings set for mid-week in hopes to come to an agreement with the rest of Europe. Your guess is as good as mine … (0 comments)

smyrna mortgage rates: Smyrna Vinings Mortgage Rate Update February 2012 - 02/09/12 12:21 AM
Time for a quick update on the Smyrna Vinings mortgage rates market.
The Week in Review:
Good news for the labor market. Friday’s Jobs Report showed more jobs created than expected and the unemployment rate dropped to 8.30%… the lowest since early 2009. Since good news typically causes rates to rise, home loan rates moved higher Friday erasing the small decline from earlier in the week. Mortgage interest rates ended the week unchanged.
What to Expect:
It’s a slow week for economic reports so watch out for the rate markets to continue the modest increase we saw at the end … (0 comments)

 
Aaron Hofmann, aka Mr. Smyrna Vinings (Atlanta Communities) Rainmaker large

Aaron Hofmann

aka Mr. Smyrna Vinings

Smyrna, GA

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