Treasury
How to Manage Your Finances if Youâre in the Sandwich Generation
Saving for financial goals such as retirement and buying a house is hard enough. The so-called âsandwich generationâ has the added struggle of trying to manage priorities: caring for aging parents while saving for their own goals. The sandwich generation is usually defined as adults in their 40s and 50s who find themselves sandwiched between [â¦]
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Mortgage rates set new record low, falling below 3% as concerns rise about coronavirus second wave – CNBC
Mortgage rates set new record low, falling below 3% as concerns rise about coronavirus second wave CNBC
When Will The Mortgage Market Actually Care About Rising Rates?
There’s an obvious trend toward higher rates as far as Treasury yields are concerned. This goes all the way back to August. Treasury yields and mortgage rates historically correlate quite well. But mortgage rates have almost completely ignored that correlation recently. In fact, most of the 2nd half of 2020 saw mortgage rates fall while Treasury yields continued higher. The chart above doesn’t tell the whole story because it uses a separate y-axis for each line. Here’s the same time frame with mortgage rates and 10yr yields on the same axis: That still doesn’t tell us much although we can certainly see different patterns. Here’s another look at the same two rates on the same axis, but this time we’re charting the CHANGE since Jan 1, 2020. This one probably tells the story better than the rest
For the third week in a row, mortgage rates stay at 2.73%
For the third week in a row, the average mortgage rate for a 30-year fixed loan remained unchanged at 2.73%, according to Freddie Mac.
The post For the third week in a row, mortgage rates stay at 2.73% appeared first on HousingWire.
Mortgage and refinance rates today, February 8, 2021
Today’s mortgage and refinance rates Average mortgage rates inched higher again last Friday. Although last week saw mostly rises, each movement was small. And these rates remain exceptionally low. First […]
Stock Market Today: Stocks Search for Direction
A choppy day of trading left the major indices largely unchanged.
Mortgage and refinance rates today, February 10, 2021
Today’s mortgage and refinance rates Average mortgage rates edged lower yesterday. It was only the second fall in nine working days, though they held steady on Monday. Luckily, all recent […]
Mortgage applications dip as rates climb
Mortgage rates have increased in four of the six weeks of 2021, and mortgage applications have mostly risen and fallen alongside them.
The post Mortgage applications dip as rates climb appeared first on HousingWire.
Your Ultimate List of Federal Program Extensions for 2021
Thereâs no doubt about it: 2020 was a dumpster fire. To help throw some water on the flames, the federal government passed a lot of programs to provide financial assistance for people facing tough times due to the pandemic. The aid is far from comprehensive, but at least it helps plug the leaking holes a […]
The post Your Ultimate List of Federal Program Extensions for 2021 appeared first on Good Financial Cents®.