| Apr 5, 2012 3:25PM Mortgages Rates experienced some solid gains today given the relatively uneventful trading in the bond markets that influence them . This goes a long way toward making up for the relative lack of response to yesterday's market movements. We discussed this phenomenon in a bit more detail in yesterday's commentary (Read it here: Mortgage Rates Improve Only Slightly ) Despite today's improvements, The Best-Execution Conventional 30yr Fixed Rate clearly remains stuck at 4.0%. That means that today's... Apr 5, 2012 11:59AM The National Association of Home Builders/First American Improving Markets Index (IMI) grew by two metropolitan areas (MAs) in April. Thirteen new MAs were added to the list while 11 fell off of the March tally, bringing the current total to 101 metropolitan areas. Thirty-five states (including the District of Columbia) are now represented by at least one market on the list and 10 states have four or more cities represented. Markets are deemed to be improving when they show growth from their respective...
 |