August 2010 - 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

ATTENTION: Mortgage Rates Hit New Lows

Comments (2)

Read More

by Adam Quinones on August 31 2010, 5:18 PM

If you've been floating your loan or have yet to apply for a refinance because it just didn't seem worth the hassle, congratulations, mortgage rates hit new lows today. If you've refinanced in the last 20 months, there is a darn good chance your refinance...
What Might Move Mortgage Rates in the Week Ahead?

Comments (0)

Read More

by Victor Burek on August 30 2010, 3:44 PM

After a better than expected read on 2nd quarter GDP and a not so scary speech from the Federal Reserve Chairman, the 10 year Treasury note yield rose 16.6 basis points and mortgage-backed securities prices fell significantly. This forced lenders to reprice...
Mortgage Rates Marginally Worse After Jobless Claims Data

Comments (0)

Read More

by Victor Burek on August 26 2010, 4:28 PM

Lender rate sheets were slightly worse than yesterday but nothing monumental. The best par 30 year fixed -conventional, FHA and VA- mortgage rate remain in the 4.25% to 4.50% range with several lenders offering 4.125%. 15 year fixed rate loans also...
Mortgage Rates Mixed After Scattered Lender Reprices

Comments (0)

Read More

by Adam Quinones on August 25 2010, 6:51 PM

Much like yesterday, mortgage rates rallied early this morning following weak housing data. Much like yesterday, mortgage rates came under pressure in the lunch hours today as mortgage-backed securities prices fell from intraday highs. Much UNLIKE yesterday...
Mortgage Rates Rally on Weak Economic Data

Comments (0)

Read More

by Victor Burek on August 24 2010, 5:13 PM

The bond market must have seen this coming because interest rates were already in full on rally mode before the data was released. Although the 10 year Treasury note yield fell a few more basis points after the data flashed, the post release reaction...
Mortgage Rates React to Data! Potentially Choppy Waters Ahead

Comments (2)

Read More

by Adam Quinones on August 20 2010, 4:34 PM

From 10,000 feet, the story of the week was "Mortgage Rates Rebound from Losing Streak", but when you look closer I think the bigger story was "Mortgage Rates React to Economic Data. Twice!"....
Mortgage Rates End Losing Streak After Reprices for Better

Comments (0)

Read More

by Victor Burek on August 19 2010, 5:51 PM

After reprices, rate sheets are improved vs. offers yesterday. The best execution par interest rate remains in the 4.25% to 4.50% range for well qualified consumers. If you are seeking a 15 year term, you should expect a par rate in the 3.75% to 4.00...
Mortgage Rates on Losing Streak. Near Term Bottom Likely Hit

Comments (10)

Read More

by Adam Quinones on August 18 2010, 3:08 PM

Spurred on by a dramatic decline in benchmark debt yields, mortgage rates touched new lows last week. Actually I don't know if I should say mortgage rates hit new lows. Instead, maybe I should say "more lenders were offering record low mortgage...
Mortgage Rates Marginally Higher After Industrial Production Data. No Reason to Panic

Comments (0)

Read More

by Victor Burek on August 17 2010, 10:19 AM

Following the release of Industrial Production data, stocks extended overnight gains and benchmark interest rates rose. This pressured mortgage backed securities prices lower...before most lenders published loan pricing. Consequently, consumer borrowing...
What Might Move Mortgage Rates in the Week Ahead?

Comments (3)

Read More

by Victor Burek on August 16 2010, 10:03 AM

Look for mortgage rates to be indicative of competitiveness in the primary mortgage market. There are several factors that go into the determination of mortgage rates besides the ups and downs of mortgage-backed securities prices. One example of why two...
Mortgage Rates Move Lower as Flight to Safety Pours into Bond Market

Comments (2)

Read More

by Victor Burek on August 11 2010, 10:29 AM

While mortgages definitely lagged Treasuries, mortgage rates improved again today. We are now seeing most lenders offer 4.25% on rate sheets and are even seeing a few more who are willing to go down to 4.125%. This rate will cost nearly 2-points at closing...
Mortgage Rates Steady at All-Time Lows Ahead of FOMC

Comments (5)

Read More

by Victor Burek on August 09 2010, 7:33 PM

Lender rate sheets this morning are improved when compared to last weeks. The par 30 year conventional rate mortgage remains in the 4.25% to 4.50% range for well qualified consumers. To be considered well qualified you must have a FICO credit score...
Mortgage Rates Unchanged on Week. Borrowing Costs Consistently Low

Comments (2)

Read More

by Victor Burek on August 06 2010, 10:19 AM

Mortgage rates are unchanged on a week over week basis, 4.25% is still as good as it gets. Borrowers considering a refinance should submit a loan application as soon as possible so they are able to lock in their borrowing costs in the event mortgage...
Record Low Mortgage Rates Face Test on Friday

Comments (2)

Read More

by Victor Burek on August 04 2010, 8:09 PM

The official Employment Situation report is slated to be released this Friday at 8:30am eastern. This event holds the most potential to move mortgage rates. At the moment, conditions in the secondary market are not supportive of mortgage rates moving...
Mortgage Rates: Floating Along Waiting for Right Opportunity

Comments (0)

Read More

by Adam Quinones on August 03 2010, 5:53 PM

The "best executed" lock/float strategy comes down to finding an originator who knows the loan market, studies underwriting guidelines, and just plain old gets the J.O.B done. You have to let the loan officer earn their commission. That's...

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