What’s Ahead For Mortgage Rates This Week: April 1st, 2013

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European Market Jitters Continue To Affect The US Economy Mortgage rates fell last week as investor concerns over the European economy grew. Fears of growing differences between wealthier European nations and European nations needing economic aid brought higher bond prices and lower mortgage rates. Positive news for Cyprus came when an agreement for an EU bailout was reached, but strict terms indicate that Germany and other nations are growing less enthusiastic about bailing out the banks of EU nations with shaky economies. Meanwhile, the Italian government has not been able to agree on a coalition government, which reduces the chances…
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