Subscribe by Email

Your email:

HomeQuest Blog

Current Articles | RSS Feed RSS Feed

Mortgage Rates Massachusetts


Mortgage rates in Massachusetts remianed quite steady to start the week, despite a recent rally in the equities market. The Obama Administration recently released their 2011 Budget/Forecast, providing analyst with a plethora of data to scrutinize. What does this mean for mortgage rates? Well, the budget calls for $1.6 trillion in deficit spending next year, thus placing a strain on Treasury auctions needed to eventually pay-off the debt, thus placing a burden on the yields (%) for mortgage backed securities. Should yields on mortgage backed securities (MBS) rise, a rise on interest rates will surely follow to offset the MBS yield pay-outs to investors.  Furthermore, should the Federal Reserve continue its' plan to cease purchasing mortgage backed securities at the end of March 2010, mortgage rates will most certainly rise from the historic levels we've been celebrating for the past 12 months. This is one major reason HomeQuest Mortgage professionals are urging consumers to act now and avoid missing the opportunities in today's marketplace.

The Pending Home Sales report will hit the news wires today to provide us with some insight to the recent trends in the housing market.   The National Association of Realtors releases the report, which shows the monthly change in the amount of existing homes (excluding new construction) in which a purchase & sale contract has been signed, however pending a closing date.  Pending Home Sales is a leading indicator of the housing activity and economic momentum, as it provides supplemental evidence of consumer confidence.  In addition, home purchases stimulate the economy in other retail merchandising, as there are many other housing fixtures needed to complete the furnishing of the home.   The data in this report has a two month lag time, so today's data is for the prior month of December 09. 


Hurrah! Finally I got a weblog frkm where I can truly obtain valuable information regarding my study and knowledge. 
Check out my blog post: centennial hills las vegas
Posted @ Friday, November 20, 2015 5:44 PM by Anitra
I blog often aand I seriously appreciate yiur  
content. Your article has truly peaked my interest. 
I'm going to take a note off your website and keep checking for new  
details about oonce a week. I opted in for your Feed as well. 
Feel free to visit my web page: agent las vegas real estate
Posted @ Friday, November 20, 2015 5:52 PM by Gita
If yyou would like to get a great deal from this article then you have to apply such techniques to your  
wonn web site. 
my blog ... real estate agnts las vegas (Zoe)
Posted @ Friday, November 20, 2015 5:52 PM by Olive Holder
Hi there colleagues, fastidious article and pleasant arguments commented at  
this place, I am in fact enjoying by these. 
Feeel free to surf to my website providence las vegas
Posted @ Friday, November 20, 2015 5:52 PM by Florian
I'm really impressed with your writing skills as well aas with the layout on your weblog. 
Is this a paid theme or did yyou customizee it yourself? 
Either way keep up the excellent quality writing, it is rare to see a  
geat blog like this one today. 
Feel free to visit my webpage - agents las vegas real estate
Posted @ Friday, November 20, 2015 5:52 PM by Elaine Fitz
Thanks very nice blog! 
my site :: las vegas real estate
Posted @ Friday, November 20, 2015 5:53 PM by Madge
Hi there! This posxt could not be written aany better! 
Reading through this post reminds me off my old room mate! He always kept talking about this. 
I will forward this write-up too him. Pretty sure he will have a good  
read. Thank you for sharing! 
Feel free to surf to my page - privdence las vegas homes for Sale (
Posted @ Friday, November 20, 2015 5:53 PM by Georgina
I coild not resist commenting. Well written! 
My blog post :: summerlin homes las vegas
Posted @ Friday, November 20, 2015 5:53 PM by Maple Embry
Post Comment
Website (optional)

Allowed tags: <a> link, <b> bold, <i> italics