Author Archives: Todd LaBorwit

GDP Improves

Mortgage Market News for the week ending April 26, 2013. With little news, mortgage rates barely moved for the first four days of this week. Friday’s weaker than expected GDP data was favorable for mortgage rates, however, and caused rates to end the week a little lower. GDP, which measures all the goods and services…

Low Inflation, Moderate Growth

Mortgage Market News for the week ending April 19, 2013. While it was a rough week for the stock market, mortgage markets were very quiet. The economic data contained no major surprises, and there was little change in mortgage rates during the week. The economic news this week showed that inflation levels remain low. The…

Mortgage Rates Hold Steady

Mortgage Market News for the week ending April 12, 2013. Following last week’s large rally, it was a relatively quiet week for mortgage rates. In the economic reports released this week, inflation remained low and the economic growth data was mixed. Mortgage rates ended the week with little change. The economic report which received the…