Lori Blank's Blog

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Real Estate Broker/Owner - LORI BLANK & ASSOCIATES, LLC

ARCHIVED BLOG POSTS

2011 

02/23/2011   Mortgage rates are up 0.875% since mid-November, causing home buyer purchasing power to fall more than 10 percent since. Persistent concerns over inflation are a major reason why and this week's Consumer Price Index did little to quell fears. CPI rose for the third straight month las...
02/23/2011
Fed Minutes Show Lower Unemployment And Higher Growth For 2011 and 2012 02/18/2011 By admin Leave a Comment   The Federal Reserve released its January 25-26, 2011 meeting minutes Wednesday afternoon. mortgage rates have been in flux since. Fed Minutes are comprehensive recaps of Federal Open Mark...
02/18/2011
Mortgage markets worsened for the 7th straight day Tuesday, equaling the longest losing streak of the last 5 years. Conventional, 30-year fixed mortgage rates are now scratching 5 percent, with FHA mortgage rates running roughly the same. This is a huge increase from just 11 weeks ago when mortga...
02/09/2011
Americans are getting back to work. Sort of. This morning, at 8:30 AM ET, the Bureau of Labor Statistics released its Non-Farm Payrolls report for January 2011. More commonly called "the jobs report", the government's data showed a large decrease in the number of working Americans as compared to ...
02/04/2011
  Mortgage lending appears to be loosening. At least for now. In its quarterly survey of member banks, the Federal Reserve asks senior loan officers around the country whether their "prime" residential mortgage guidelines had tightened within the last 3 months. A prime borrower is one with a well...
02/03/2011
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Lori Blank

Lori Blank & Associates, LLC
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