John Reising's (jreising) Blog

http://www.msnbc.msn.com/id/32545640 As home buyers in the Scottsdale area , we tend to research homes a lot. We look at square footage; at upgrades; at landscaping; at community statistics; and, at every other "number" on which we can get our hands.  But those are just statistics. What about the...

  Mortgage markets worsened last week as Wall Street's renewed optimism pushed equities to their best one-week gain in 2 years.   The change in  sentiment was bad news for rate shoppers, however, as investors pored into stocks at the expense of bonds.  Last week, for the first time since February...

    Mortgage markets improved again last week on a revised economic outlook for the U.S. economy, and ongoing concerns about Greece and its sovereign debt.  Conforming mortgage rates in Arizona fell last week and now hover near the all-time lows set last November.  Adjustable-rate mortgages are e...

Mortgage rates are falling, falling, falling.  On a wave of uncertainty about Greece and its debt; and weaker-than-expected economic data at home, conforming 30-year fixed rate mortgage rates have fallen to levels not seen since December 2, 2010.  Mortgage rates have dropped 8 weeks in a row. No...

  Mortgage markets moved in feverish fashion last week, changing with extreme frequency, and eventually ending slightly worse on the week. Conforming mortgage rates fell to a 6-month low Wednesday but, by Friday, they had retreated higher.  Last week marked just the second time in 8 weeks that r...

Mortgage markets improved last week, carried by the same stories that have led markets better since April. Worries of a Eurozone sovereign debt default mounted, and the U.S. economy's revival showed itself to be slower than originally anticipated.  In Greece, the nation readied itself for its sec...

        The March Case-Shiller Index was released this week and it corroborates the findings of the government's most recent Home Price Index -- home values are slipping nationwide. According to the Case-Shiller Index's publisher, Standard & Poors, home values fell in March from the year prior. ...

  Mortgage markets improved last week ahead of Memorial Day and a 3-day weekend. Bond pricing ending the week higher, pushing conforming mortgage rates in Arizona down for the 5th week out of six. Most economic news reported worse-than-expected. Initial Jobless Claims increased sharply, GDP was ...

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Mortgage rates across the state are near year-to-date lows, but locking them in this week may be difficult. As Memorial Day nears, and Wall Streeters get a head-start on the long weekends, trade volume in the mortgage bond markets will dip. When bond volume drops, mortgage rates get jumpy. It's ...