Your Arizona Mortgage Blog

The biggest economic event next week will be Wednesday's Fed meeting. For the first time, the Fed Chief will hold a press conference after the meeting to discuss the Fed's announcement. No change in rates is expected, but investors will be looking for hints about when the Fed will begin to tighte...

With little economic data, it was a relatively quiet week for mortgage rates. The biggest economic news was a surprise warning from a major rating agency that it may downgrade US debt, but investors viewed this as positive for bonds. As a result, mortgage rates ended the week a little lower. On M...

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Next week will be shortened by a holiday and will be a light week for economic data. Housing Starts will be released on Tuesday. Existing Home Sales will come out on Wednesday. Philly Fed and Leading Indicators are scheduled for Thursday. Mortgage markets will close early on Thursday and will be ...

On target inflation data and strong demand for the longer-term Treasury auctions were favorable for mortgage rates this week. The other major economic reports contained few surprises. As a result, mortgage rates ended the week lower. In recent weeks, the primary influence for mortgage rates has s...

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If you own a home with a mortgage insured by the Federal Housing Administration (FHA) and you are finding it difficult to make your mortgage payments or you are in default on your mortgage payments, you may be able to take advantage of the FHA Pre-Foreclosure Sale (PFS) Program to sell your home ...

The most significant economic data next week will be the monthly inflation reports. The Producer Price Index (PPI) focuses on the increase in prices of "intermediate" goods used by companies to produce finished products and will come out on Thursday. The Consumer Price Index (CPI), the most close...