Weekly Economic & Mortgage Rate Update 04/16/12
By: Stuart Crawford, V.I.P. Mortgage, Inc
Weaker than expected Employment data, and increased concerns about Europe helped mortgage rates last week, and they ended lower than where they were before the March Employment report.
While slower employment growth is painful for the country in ne [...]
Weekly Economic & Mortgage Rate ...
Weekly Economic & Mortgage Rate Update 04/16/12
By: Stuart Crawford, V.I.P. Mortgage, Inc
Weaker than expected Employment data, and increased concerns about Europe helped mortgage rates last week, and they ended lower than where they were before the March Employment report.
While slower employment growth is painful for the country in ne [...]
Phoenix Housing Market Bidding War
Phoenix Housing Market Bidding War
It is economics 101, low supply times high demand equals bidding war, ultimately resulting in higher prices. Depending on your perspective, this could be a good thing, a very good thing indeed. Those that have lost upwards of 60% of their home value should be ecstatic that prices are finally moving north; a [...]
Weekly Economic & Mortgage Rate ...
Weekly Economic & Mortgage Rate Update 04/09/12
By: Stuart Crawford, V.I.P. Mortgage, Inc
There was a lot of daily volatility for mortgage rates last week. On Tuesday, the Fed Minutes revealed a lack of enthusiasm for further easing, and this caused mortgage rates to jump. Increased concerns about Europe then helped mortgage rates impr [...]
Phoenix Metro Area Housing Market Sum...
Phoenix Metro Area Housing Market Summary for the Beginning of April
In 2011 we experienced a relatively stable and predictable market with very little price movement. In 2012 we have a market in which dramatic change is not only to be expected, but is already happening. Prices have moved in the single month of March 2012 more than they did [...]
Phoenix Metro Area Housing Market Rep...
Phoenix Metro Area Housing Market Report April 2012
The numbers are out, thanks to the dedicated staff at Arizona Regional Multiple Listing Service, who compiles all the numbers from the Phoenix Metro Area Housing Market. This free 10 page report helps illustrate where we have been and where we are headed.
Phoenix Metro Area Housing Market S [...]
Weekly Economic & Mortgage Rate ...
Weekly Economic & Mortgage Rate Update 04/02/12
By: Stuart Crawford, V.I.P. Mortgage, Inc
Mortgage rates improved last week, with the assistance of additional Fed comments indicating that they are in no rush to tighten monetary policy. There was also some renewed concerns about Europe which helped (mortgage) rates improve as well.
After [...]
Weekly Economic & Mortgage Rate ...
Weekly Economic & Mortgage Rate Update 03/27/12
By: Stuart Crawford, V.I.P. Mortgage, Inc
Mortgage rates remained volatile last week, mostly due to shifting expectations about future Fed actions. Early in the week, mortgage rates continued to move higher from the previous week. Although, comments from Fed officials helped them recover [...]
Weekly Economic & Mortgage Rate ...
Weekly Economic & Mortgage Rate Update 03/19/12
By: Stuart Crawford, V.I.P. Mortgage, Inc
What began as a quiet week quickly turned negative following the release of last Tuesday’s Fed announcement, and mortgage rates ended the week significantly higher (by approximately 0.250% depending on the loan program).
While it was very simi [...]
Phoenix Metro Area Housing Average Sa...
Phoenix Metro Area Housing Average Sale Price March 2012
The word is slowly starting to get out about the booming Arizona housing market. Part of the confusion seems to come from the different news source. The national news reporters talk about how horrible the market is and how the home prices are still declining; in their defense, national [...]
Weekly Economic & Mortgage Rate ...
Weekly Economic & Mortgage Rate Update 03/12/12
By: Stuart Crawford, V.I.P. Mortgage, Inc
Overall, the economic data came in pretty close to expectations last week, and Greece successfully reached a debt deal with private bondholders. With a lack of surprises in the economic news, mortgage rates ended the week nearly unchanged.
While i [...]
Phoenix Metro Area Housing Market Rep...
Phoenix Metro Area Housing Market Report March 2012
The numbers are out, thanks to the dedicated staff at Arizona Regional Multiple Listing Service, who compiles all the numbers from the Phoenix Metro Area Housing Market. This free 10 page report helps illustrate where we have been and where we are headed.
Phoenix Metro Area Housing Market S [...]
Weekly Economic & Mortgage Rate ...
Weekly Economic & Mortgage Rate Update 03/05/12
By: Stuart Crawford, V.I.P. Mortgage, Inc
Last week we experienced volatile interest rates, as the markets reacted to mixed economic data and unexpected comments from Fed Chief Bernanke. The various influences roughly offset each other, though, and mortgage rates ended the week essentially [...]
