voiceofsandiego.org: Toscano... January Mortgage Rate Update
an independent nonprofit |
We depend on your donations. Consider joining us today.

January Mortgage Rate Update


PRINT     E-MAIL STORY    SHARE

Last month, I wrote about the decline in mortgage rates during the latter half of 2006, noting that real estate might have fared worse if not for the tailwind provided by falling rates.

As it happens, rates began to rise soon after that posting and they haven't stopped since. The last thing the housing market needs right now is an extended rise in mortgage rates. Of course, whether they continue to increase remains to be seen.

In keeping with the 2006 vs. 2007 comparison theme, I will note that rates are slightly higher now than they were a year ago. They are, however, still noticably down from their mid-2006 peaks.



A Nerd's Eye View

Rich Toscano is a financial advisor with Pacific Capital Associates*;
he also writes about San Diego real estate at Piggington's Econo-Almanac.
Contact him at rtoscano@pcasd.com.

Getting Flexible on Bay Front:

 

LS Power spokesman says his company 'will consider' whatever the Chula Vista council wants.

Monday, January 22 -- 6:06 pm

Aguirre's Objection Denied:

 

The city attorney said his next step in his pension challenge is in appeals court.

Monday, January 22 -- 5:06 pm

Mexico Drug War Perspective:

 

A broad look at whether the Mexican drug crackdown is meaningful.

Monday, January 22 -- 3:01 pm


Sponsored By

MOST POPULAR STORIES:

SURVIVAL IN SAN DIEGO

What's In an Adjective? :

 

Some suggested descriptors of downtown La Mesa.

Monday, January 22 -- 4:25 pm

LETTERS TO THE EDITOR

Give Us the Facts:

 

Monday, January 22 -- 2:10 pm

CAFÉ SAN DIEGO

A Reader's Good Catch :

 

Clearing up my last post.

Monday, January 22 -- 5:09 pm

COMMENTARY: SLOP

LT in the Dreamy Stadium :

 

A technical point and an alert observation.

Monday, January 22 -- 6:07 pm

COMMENTARY: RICH TOSCANO

January Mortgage Rate Update :

 

Rates are on the rise, for the time being.

Friday, January 19 -- 11:43 am
Sponsored by

This Just In

'The Powers to Be':

 A little recognition. » Nov. 21 -- 4:03 pm



Libraries Could Be Spared:

 It doesn't look like the mayor has the City Council votes to shut down libraries and rec centers.

Nov. 21 -- 2:02 pm


Opening Day Melee:

 The first day a store opens, shoplifters have a field day.

Nov. 21 -- 11:43 am


SURVIVAL IN SAN DIEGO

Unemployment Rate Reaches 6.8 Percent:

 Retail and construction sectors lose a combined 10,000 jobs over the year in San Diego County.

Nov. 21 -- 5:43 pm



LETTERS TO THE EDITOR

Where's the Beef?:

 Time to pony up.

Nov. 20 -- 7:20 pm



CAFÉ SAN DIEGO

Holslin Back:

 Follow up to your responses and questions.

Nov. 20 -- 7:07 pm



COMMENTARY: SLOP

Did Obama Deliver District 1?:

 It's not looking like he did.

Nov. 21 -- 4:50 pm



COMMENTARY: RICH TOSCANO

Cheap Homes Selling Fast, Expensive Homes Not:

 Home sales have exploded in low-priced areas of San Diego even as they decline in pricier neighborhoods.

Nov. 20 -- 11:13 pm

Copyright © 2008 voiceofsandiego.org. All Rights Reserved.