Since Tuesday, May 7, mortgage rates have been listing in a sea without wind, realizing a lack of movement in any direction. The last big movement influence still continues to be the prior week’s job report, which helped the rate … Continue Reading
Versus the volatility from last week, the week of May 6 is so far showing a far more gradual movement of mortgage rate averages, which is probably giving everyone involved a bit of a mental break from the stress involved. … Continue Reading
Mortgage rate averages were seeing some improvement through Thursday, May 1, rising back up to the previous range of 3.5 percent. Expectations of the new job report that was to come out on Friday, May 3, had rate watchers hopeful … Continue Reading
With the release of new labor data from the federal government this week as well as opinions published from the Federal Open Markets Committee, a subset of the Federal Reserve, mortgage rates dipped lower this week, making the possibility of … Continue Reading
Offering a car loan with an interest rate of 2 percent for five years will definitely raise eyebrows, especially when the average market rate is closer to 3 and 4 percent. TrustCo Bank is the lender of the day … Continue Reading
Mortgage rate averages for the week of April 15 ending Friday with a slightly lower position than they had earlier in the month. The best execution opportunities are now settling out the week’s market play at 3.5 percent of the … Continue Reading
The average mortgage rates for the week of April 8 showed little improvement over the previous week. However, the fact that a rise occurred is a bit of a surprise. The previous Friday’s federal job report was dismal, with many … Continue Reading
