Month: June 2013

The Federal Reserve’s New Rates

With the Federal Reserves announcing that they will start to taper their bond buying policies the 10 year treasury note skyrocketed to a 4 year high. Rates for home loans have gone up almost 1% in just three weeks, the biggest advance since June 2009. The average cost of new 30-year, fixed-rate home loans climbed to 4.24 percent from 3.36

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Interest Rates and the Media

Online articles, even the ones on major news and business websites, aren’t a great source of the “real time” position of the South Bay real estate loan market. It takes time to write and publish an article, but the actual market is dynamic and changes hourly. From the time the data is recorded and written to the time it is

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