Saturday, April 14, 2012

Mortgage Rates End Week Close To Best Levels

Mortgages Rates improved slightly today, but that slight improvement brings them close to the best levels of the week.  This also means rates continue to operate fairly close to all-time lows.  We've recently noted a greater-than-normal degree of stratification between lender offerings, but that reversed somewhat today.

Monday, April 9, 2012

Mortgage Rates Convincingly Lower After Weak Jobs Report

Mortgages Rates moved convincingly lower today following a weaker-than-expected Jobs report.  Combined with yesterday's gains, most lenders are at their best levels of the week.

Saturday, April 7, 2012

Bank of England keeps rates at 0.5%

The Monetary Policy Committee (MPC) of the Bank of England has elected to leave the interest rate of the United Kingdom unchanged at 0.5%, the lowest in the Bank of England’s 300 year history.