May 2009 - Mortgage Rate Watch

Place your ad here

Latest Video

"Mortgage Rates Improve on Weak Data, Greece Jitters"

Published: 2/14/2012

View | Subscribe | Archive | Share

Comments

Kelcey Morange
Answers: 100
MisterVA
Answers: 94
Antonio Cibella
Answers: 81

Scenarios
Search

Channel Options ↓ More

Mortgage Rate Watch Headlines

RSS

EMAIL ALERTS

News » Mortgage Rate Watch

Home » News Headlines » Mortgage Rate Watch Home

Sort by: Most Recent | Most Viewed | Most Commented

Mortgage Rates Stabilize…. Starting to Move Lower

Comments (0)

Read More

by Victor Burek on May 29 2009, 12:43 PM

After a brutal beat down on Wednesday, mortgage-backed securities managed to recapture some of those losses yesterday. Although we didn’t have a monumental rally but after 4 days of MBS selling and steadily increasing mortgage rates .... it was...
The Day After "Black Wednesday"….

Comments (21)

Read More

by Victor Burek on May 28 2009, 12:40 PM

What a day we had in the mortgage industry yesterday. Mortgage backed securities (MBS) suffered their 2 nd worse day in history after losing 2 full points in price, leading lenders to increase mortgage rates almost a full half percent. If you would like...
Economic Confidence Moving Mortgage Rates Higher

Comments (26)

Read More

by Victor Burek on May 27 2009, 11:34 AM

Mortgage backed securities (MBS) added a third day to their recent losing streak. Yesterday MBS moved lower in price by almost ½ point resulting in a noticeable increase in consumer borrowing cost after most lenders repriced for the worse . The...
Mortgage Rates Face Challenging Week

Comments (5)

Read More

by Victor Burek on May 26 2009, 11:00 AM

I hope everyone had a safe Memorial Day weekend...now it’s time to get back to work. Onto the data for the week. Tuesday - The first relevant report of the week is the S&P/Case-Shiller home price idex which tracks the monthly change in the price...
Treasury Sell off Leads to Higher Mortgage Rates

Comments (7)

Read More

by Victor Burek on May 22 2009, 10:57 AM

Yesterday was a tough day for mortgage backed securities (MBS) but even tougher on Treasuries. If you would like to see a graph of the carnage, Click here . All lenders did reprice for the worse, with some increasing borrowing costs by .50 in discount...
Fed Minutes Leads to Lower Consumer Borrowing Costs

Comments (3)

Read More

by Victor Burek on May 21 2009, 11:51 AM

Following the release of the minutes from the last Federal Open Market Committee meeting, mortgage backed securities (MBS) managed to move higher in price which results in lower consumer borrowing costs. Most lenders repriced for the better improving...
Mortgage Rates Steady While Market Awaits Directional Guidance

Comments (0)

Read More

by Victor Burek on May 20 2009, 10:47 AM

If you had decided to sleep the day away yesterday, you wouldn’t have missed much in the mortgage backed security world (MBS). The entire day, MBS traded in a very tight range in below normal volume. That trend appears to be carrying over into today's...
Global Stock Market Rally Pushes Rates Higher

Comments (11)

Read More

by Victor Burek on May 19 2009, 10:34 AM

Worldwide economic optimism has led investors to liquidate their risk averse fixed income positions (ie mortgage backed securities and treasuries) to fund a global stock market rally consequently pushing mortgage rates a few basis points higher. In what...
Mortgage Rates Sideways in the Week Ahead

Comments (5)

Read More

by Victor Burek on May 18 2009, 12:17 PM

Last week, prices of mortgage backed securities (MBS) made marginal improvements which allowed lenders to push rates slightly lower by Friday. To remind existing blog watchers and notify new readers, mortgage rates offered by lenders are based on the...
Mortgage Rates Holding Steady, But Running out of Steam

Comments (0)

Read More

by Victor Burek on May 15 2009, 10:53 AM

Mortgage backed securities (MBS) moved marginally higher yesterday following worse than expected jobless claims numbers. The improvement in MBS prompted a few lenders to reprice for the better but most decided to hold back intraday gains. The US Department...
Mortgage Rates Tick Lower After Weak Data

Comments (0)

Read More

by Victor Burek on May 14 2009, 12:17 PM

Prices of mortgage backed securities (MBS) moved higher yesterday following a weaker than expected retail sales report that sent stocks lower and sparked a rally in the seemingly oversold bond market. In total, MBS gained about 4 ticks on the day which...
Uneventful Day Keeps Mortgage Rates Steady

Comments (7)

Read More

by Victor Burek on May 13 2009, 12:09 PM

We had another rather slow day in the mortgage backed security (MBS) world yesterday. Early morning saw some choppy action, but by day’s end MBS eked out a small improvement on the day. Since the seemingly large drop in MBS prices late last week...
Consumer Borrowing Costs Decline

Comments (0)

Read More

by Victor Burek on May 12 2009, 11:51 AM

Mortgage backed securities (MBS) managed to have a decent rally yesterday following treasuries to lower yields. In total, MBS improved by over a half a point which allowed lenders to reprice for the better. Most lenders improved pricing by about .25 in...
The Week Ahead: Mortgage Rates Looking for Direction

Comments (0)

Read More

by Victor Burek on May 11 2009, 11:12 AM

Last week, mortgage backed securities (MBS) moved considerably lower in price moving par 30 year conventional rate mortgages higher by an .125 to .25 in rate. Mortgage rates are set by the trading of MBS. When demand is high for MBS, that moves their...
Mortgage Rates Make Move Higher

Comments (8)

Read More

by Victor Burek on May 08 2009, 12:46 PM

After yesterday’s trading, mortgage backed securities (MBS) felt like the New York Yankees after a series with the Boston Red Sox, they got beat up. In total they lost well over a half a point in price which increases consumer borrowing cost. All...

1 2 Next >

View: Current Mortgage Rates MBS Prices Important Mortgage Rate Disclaimer

Did you know?

You can see a list of all comments on MND by clicking the 'Read the Latest Comments' option under the 'Community' menu.

	RSS - Subscribe to our Daily Rate Update RSS Feed.
	Twitter - Follow our Daily Rate Update on Twitter.
	Facebook - Follow our Daily Rate Update on Facebook.
	Bookmark - Bookmark our rates page and visit daily for updates.
	Mobile Apps - There's an App for this too. Learn more about our Mobile Apps.

More From MND