Tag Archives: Treasuries

Jobs report tempers mortgage rates

The jobs picture improved slightly in July, but its impact on the housing recovery is more murky. Mortgage bankers shed 1,200 jobs, as their refinance business has dropped dramatically due to higher rates. The unemployment rate for young adults rose … Continue reading

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Is the 30 Year Fixed Headed to 3 Percent?

Mortgage interest rates hit a new record low last week, and they appear to be on the same trajectory this week. The yield on the ten-year Treasury note touched a new low Monday, 1.396 percent, before coming up slightly, and … Continue reading

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First Republic says luxury home prices rose in Q4

Luxury home prices rose in San Francisco, San Diego and Los Angeles in the fourth quarter compared with the third quarter, with the Bay Area having the best showing, according to the First Republic Bank Prestige Home Index. In the … Continue reading

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