With a ceasefire in Iran announced early yesterday evening the economic landscape may have changed dramatically, then again maybe not. Processing Content The only scheduled economic news today is the release of the Minutes of the last FOMC meeting at 2:00, but since the futures markets didn’t have a change in rates priced in for […]
Iran ceasefire, Treasury gaps shift rate outlook Read More »
If you’ve been looking for a home lately, you’ve probably felt how tough affordability still is. And that’s exactly why more buyers are opting for adjustable-rate mortgages, or ARMs. Here’s what you need to understand about how they work, and whether they make sense for you. What Is an Adjustable-Rate Mortgage? Since a lot of
Thinking About an Adjustable-Rate Mortgage? Here’s What You Need To Know. Read More »
Mortgage applications decreased 0.8% from one week earlier, according to data from the Mortgage Bankers Association (MBA)’s weekly mortgage applications survey for the week ending April 3. On an unadjusted basis, the index decreased 1% compared with the previous week. The refinance index decreased 3% from the previous week and was 4% lower than the same
Mortgage applications edge down as refis stall, purchase demand weakens Read More »