MBC Interactive

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Mortgage and Lending - MBC Interactive
RECENT BLOG POSTS
The stimulus programs keep on coming first there was "cash for clunkers" the automobile rebate program that ended in August 2009 to spur automobile purchases, and then the recent government appliance rebate program "cash for refrigerators" giving cash rebates up to $500 for replacing old, ineffic...
01/29/2010
The CHFA Homebuyer Mortgage Program interest rates are remained steady for the week of January 25th with the CHFA mortgage rates at historical lows of 4.375%. The current rates for CHFA are in effect until Thursday, February 4, 2010 : _____________________________________________ Homebuyer Mortga...
01/28/2010
Mortgage bond prices rose last week pushing Connecticut mortgage rates lower. The bond market rallied following crumbling stocks as the DOW fell 213 points Thursday. Weekly jobless claims came in higher than expected causing unemployment fears to cast a shadow over the state of the economy. In a ...
01/25/2010
Market CommentMortgage bond prices rose last week pushing CT mortgage rates lower. The bond market rallied nicely Tuesday following moves by China to curb growth. Oil prices fell almost immediately providing a much-needed reprieve following the recent run up in prices tied to severe cold weather ...
01/18/2010
CHFA Mortgage Program interest rates are remained steady for the week of January 11th with the CHFA homebuyer program at historical lows of 4.5%. The current rates for CHFA are in effect until Thursday, January 21, 2010 : _____________________________________________ Homebuyer Mortgage ProgramInt...
01/14/2010
Connecticut mortgage rates moved higher last week for refinancing, and home purchase. The bond market took a beating as stocks surged despite mixed data. Existing CT home sales in November rose a surprising 7.4%. However, revised gross domestic product figures showed the economy only grew 2.2%, w...
12/28/2009
CHFA Mortgage Program interest rates are remained steady for the week of December 17th with the CHFA homebuyer program at historical lows of 4.375%. The current rates for CHFA are in effect until Thursday, December 24, 2009 : _____________________________________________ Homebuyer Mortgage Progra...
12/17/2009
Mortgage bond prices were near unchanged last week holding Connecticut mortgage rates steady. Trade was extremely volatile with swings of 1/2% in discount points common. The Treasury auctions were not as well received by foreign accounts as traders were hoping. The US relies on foreign central ba...
12/15/2009
Mortgage bond prices fell last week pushing CT mortgage rates significantly higher. We saw selling pressure almost the entire week as housing and factory orders data was stronger than expected, the Fed Chairman mentioned rate hikes, and weekly jobless claims beat estimates. To top the already neg...
12/08/2009
Mortgage bond prices rose last week pushing Connecticut mortgage rates lower. The economic data continues to be mixed. Personal income, outlays, and PCE inflation data were stronger than expected. Trading was thin and erratic. Thin trading conditions, news of the looming debt crisis in Dubai and ...
12/01/2009