Mon, Dec 19 2011, 2:45 PM
Mortgage Rates remain at record lows, both in terms of the Best-Execution interest rate as well as the costs involved in obtaining that rate. Althou...
Fri, Dec 16 2011, 3:26 PM
Mortgage Rates
experienced another record setting day. While the 3.875% Best-Execution rate remains unchanged on average, the costs involved to ob...
Thu, Dec 15 2011, 3:41 PM
Despite a busy morning of economic data, Mortgage Rates
are essentially unchanged from yesterday's levels, leaving the all-time-low 3.875% Best-Ex...
Wed, Dec 14 2011, 3:59 PM
Another strong Treasury auction, among other things, helped Mortgage Rates
in lower again today. Although Best-Execution rates still haven't move...
Tue, Dec 13 2011, 4:03 PM
A strong Treasury auction and an uneventful policy statement from the Federal Reserve paved the way for Mortgage Rates
to improve to their best le...
Mon, Dec 12 2011, 3:07 PM
After rising by a very small amount on Friday, Mortgage Rates begin the current week in roughly the same territory. The changes taking place over t...
Fri, Dec 9 2011, 1:51 PM
Mortgage Rates rose ever-so-slightly today after Best-Execution fell to it's all-time low yesterday. If you didn't catch it, please see yesterday's...
Thu, Dec 8 2011, 3:18 PM
When it comes to "all time low" Mortgage Rates ,
a bit of clarification is in order. Earlier this Fall, especially near the end of September and b...
Wed, Dec 7 2011, 3:54 PM
Mortgage Rates improved slightly today from what were already near the best levels since early November. We should mention though, that sounds a bi...
Tue, Dec 6 2011, 3:26 PM
Mortgage Rates
remain in the same range they've been in for weeks, although nearer to low side of that range today. The market phenomena driving r...
Mon, Dec 5 2011, 2:09 PM
Mortgage Rates are little changed to start the week. There has been and will continue to be extremely limited amounts of domestic Economic data thi...
Fri, Dec 2 2011, 3:24 PM
Although markets had been focusing on this morning's Employment Situation Report as a high-risk event (and indeed it was), the report was mixed enough...
Thu, Dec 1 2011, 2:23 PM
Much like yesterday (and the day before), Mortgage-Backed-Securities (MBS), began the day
in weaker territory and rallied in the latter part of the ...
Wed, Nov 30 2011, 3:10 PM
Much like yesterday, Mortgage-Backed-Securities (MBS), began the day in weaker territory and rallied in the latter part of the day. Improving MBS are...
Tue, Nov 29 2011, 4:52 PM
Mortgage Rates improved again today. This would be a good day to NOT be looking at US Treasuries for an indication of mortgage rates. 10yr yields m...
Mon, Nov 28 2011, 3:46 PM
Mortgage Rates
recovered from what was shaping up to be an ugly morning to fall more in line with lender offerings seen last week. The secondary m...
Fri, Nov 25 2011, 12:35 PM
Today's update is more of a reminder than an amazing source of new information and analysis. While Mortgage Rates are possibly slightly weaker than...
Wed, Nov 23 2011, 2:29 PM
Today might as well have not even existed in the world of Mortgage Rates . They're exactly the same as yesterday. In fact, today is the first day e...
Tue, Nov 22 2011, 3:38 PM
Today was another quiet for Mortgage Rates , and once again we're dealing with Best-Execution rates right where they were yesterday with some minor i...
Mon, Nov 21 2011, 4:30 PM
Today was a quiet for Mortgage Rates . Although several lenders released improved rate sheets later in the day, the overall landscape of rate sheet ...
Fri, Nov 18 2011, 3:13 PM
After experiencing a rare 3rd day in a row of neutrality or positivity, Mortgage Rates
pulled back up a bit today. In most cases, this won't affe...
Thu, Nov 17 2011, 3:58 PM
Yesterday we noted that things seemed "quiet, almost too quiet." As is sometimes the case with such episodes of quietness, it resulted in some volati...
Wed, Nov 16 2011, 3:29 PM
Mortgage Rates
are essentially flat today despite the day containing similar levels of economic data and European-inspired volatility in the wee ho...
Tue, Nov 15 2011, 4:54 PM
Mortgage Rates
are slightly improved from yesterday. A busy morning of economic data plus several headlines out of Europe caused some volatility i...
Mon, Nov 14 2011, 3:03 PM
Mortgage Rates are essentially unchanged from Thursday's levels although in some cases, closing costs could be slightly higher in order to obtain the...
Thu, Nov 10 2011, 3:37 PM
Ongoing moderation of the
Euro-Zone-driven "flight to safety" as well as a weak US Treasury auction today
combined to drag most domestic interest ra...
Wed, Nov 9 2011, 4:29 PM
So have you heard the one about the
markets that were highly susceptible to European headlines? There's no punch line. It's not a joke and there's ...
Tue, Nov 8 2011, 4:22 PM
With volumes fairly low and no major
domestic data today, markets were susceptible to European headlines. They got one in the form of an announcemen...
Mon, Nov 7 2011, 4:05 PM
Once again, Mortgage Rates have
improved very slightly. This wasn't
necessarily the case this morning, but market movements during the day resulted...
Fri, Nov 4 2011, 2:25 PM
Despite earlier market volatility
surrounding the important Employment Situation Report this morning, things have
evened out into the afternoon and ...
Thu, Nov 3 2011, 4:24 PM
After a series of gains that brought mortgage rates back within striking distance of all time lows, things have worsened just slightly today.
The ...
Wed, Nov 2 2011, 5:16 PM
Yesterday
we noted that event in Europe were once again the dominant force moving
markets, including the secondary mortgage market, albeit indirectl...
Tue, Nov 1 2011, 4:22 PM
Mortgage Rates continued lower today as drama in Europe came roaring
back. In short, EU drama is and has been
increasing the demand for safe-have...
Mon, Oct 31 2011, 3:35 PM
Building on Friday's strength, Mortgage Rates have experienced an almost
complete reversal of fortune versus the weakness that surrounded the EU
...
Fri, Oct 28 2011, 4:04 PM
We've spoken in the past about "walls" that crop up in the course of Mortgage Rate movements. We're now seeing a similar case for 4.25% as it con...
Thu, Oct 27 2011, 5:16 PM
The bigger reaction to events in
Europe over the past two days sent Mortgage Rates higher today, now at the edge
of the recent range.
Wher...
Wed, Oct 26 2011, 5:20 PM
Today's much anticipated Summit in
Europe sent Mortgage Rates very slightly higher, but
overall, the changes were minor, especially when compar...
Tue, Oct 25 2011, 4:49 PM
As is
eternally possible these days, news out of the Eurozone sent shockwaves through
markets today and this time it worked to the advantage of Mo...
Mon, Oct 24 2011, 4:35 PM
Mortgage
Rates rose
slightly today. Bond markets were
slightly weaker today while stocks surged on optimism over Wednesday's
conclusion to the ...
Fri, Oct 21 2011, 2:40 PM
Even the presence of volatility is
volatile. Here yesterday, gone
today. But "volatility of the presence
of volatility" sounds too much like calc...
Fri, Oct 21 2011, 1:35 PM
Every consumer shops for mortgages and they should. But this is the critical distinction: you should be shopping for the best mortgage advisor. If you...
Thu, Oct 20 2011, 4:45 PM
Apparently, we jinxed the market
yesterday by referring to recent stability...
Apologies on that, but the damage is minimal... Mortgage Rates ...
Wed, Oct 19 2011, 4:29 PM
For the first time since September, Mortgage Rates have held steady or improved for 3 straight days. Granted, the actual level of improvement is
...
Tue, Oct 18 2011, 4:46 PM
After improving yesterday, Mortgage Rates mostly held steady today although the Secondary Mortgage Market was
volatile, especially late in the da...
Mon, Oct 17 2011, 4:54 PM
Volatility worked agains us on Friday, but in our favor today. After being pushed to the edge of
their recent range on Friday, Mortgage
Rates e...
Fri, Oct 14 2011, 3:55 PM
After improving for the first time
in almost two weeks yesterday, Mortgage Rates increased back to Wednesday's
levels.
In many cases, this ra...
Thu, Oct 13 2011, 4:45 PM
Domestic economic data and the
exuberance over the European debt situation were both fairly lackluster today,
and Mortgage
Rates improved deci...
Wed, Oct 12 2011, 4:11 PM
More optimism surrounding the
European Debt risis and more tough times for Mortgage Rates . Unlike yesterday's
rather abrupt rise in rates vers...
Tue, Oct 11 2011, 4:43 PM
On Friday, we talked about how the
Employment Situation Report contributed to higher Mortgage Rates . The
optimism surround the European debt...
Fri, Oct 7 2011, 4:24 PM
Today's
Employment Situation Report was stronger than expected. It's one of, if not the most significant
pieces of domestic economic data each mont...
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