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Mortgage News

Lou Barnes
Lou Barnes real estate report brings up-to-date information on today’s real estate market. Each report features real estate trends which provide useful insight for the consumer and real estate professional regarding all aspects of real estate from one of the nation’s top financial market experts.
  • No comfort in new economic data
    Long-term rates are behaving very well, despite all the inflation and dollar grumbling in the background (that talk has been wrong and is still wrong). Low-fee mortgage rates are very close to crossing into the high fours.
  • All roads lead to low rates
    Today is a strange day in a strange time.
  • Low prices not helping housing
    Credit markets shrugged off news of 3.5 percent gross domestic product growth in the third quarter, and the 10-year T-note has repeatedly held tests of 3.5 percent (3.41 percent now), mortgages 5.125 percent or better.
  • Give the buck a break
    Treasury and mortgage rates have again reached their post-August highs, but still in tight ranges: the 10-year Treasury note at 3.48 percent and low-fee mortgages just under 5.25 percent.
  • Pig-in-a-python economics
    Long-term rates rose again this week, the 10-year Treasury note and mortgages continuing the spurt that began last Friday, to 3.46 percent and just shy of 5.25 percent, respectively.
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