Mon, Sep 19 2011, 3:07 PM
Building on Friday's late day comeback, news out of Europe helped US Bond
Markets (Including the Secondary Mortgage Market) to walk in the door in
r...
Fri, Sep 16 2011, 2:51 PM
After a rough morning, the secondary mortgage market recovered enough to claw
back nearly to yesterday's levels. That
leaves borrowing costs requi...
Thu, Sep 15 2011, 4:40 PM
The borrowing costs required for average Mortgage
Rates rose today, in some cases high enough to nudge the actual interest
rate an eighth of a poi...
Wed, Sep 14 2011, 4:26 PM
Although BestExecution Mortgage
Rates didn't improve today, there were generally some very slight improvements in the costs involved in obtainin...
Tue, Sep 13 2011, 4:24 PM
Today's post might as well be yesterday's.
Precious few differences exist
between today and yesterday in the world of Mortgage Rates .
Whereas...
Mon, Sep 12 2011, 4:12 PM
Yet another fairly uneventful day
has come and gone in the world of Mortgage Rates . For the most part, things were somewhere
between "unchanged" ...
Fri, Sep 9 2011, 1:57 PM
Yet again, Mortgage Rates improved today. But the improvements
were fairly minor, just as they have been in general despite a healthier rally
in ...
Thu, Sep 8 2011, 5:10 PM
After a fairly
uneventful day yesterday, Mortgage
Rates improved today. In some cases
BestExecution rates may be lower, but in most cases, the...
Wed, Sep 7 2011, 4:23 PM
Despite slightly higher borrowing costs, Mortgage
Rates were roughly unchanged today leaving Friday's
shift lower in BestExecution rates intac...
Tue, Sep 6 2011, 4:13 PM
After Friday's lackluster Jobs Report helped Mortgage
Rates on Friday, we headed into this holiday-shortened week without much on
the calendar to ...
Fri, Sep 2 2011, 11:12 AM
Mortgage
Rates improved slightly yesterday as we awaited this morning's high risk
event, the monthly Employment Situation Report.
That report sh...
Thu, Sep 1 2011, 5:54 PM
After a scary morning threatened to send Mortgage
Rates even higher, things turned around in the Secondary Mortgage
Market. Although there wasn't...
Wed, Aug 31 2011, 4:45 PM
As folks returned from holidays overseas and got their power turned back on
after Irene, participation picked up in the markets and Mortgage
Rate...
Tue, Aug 30 2011, 4:34 PM
We spoke of yesterday
as "the first time in a long time that a short term float strategy seems to
make any sort of sense" saying that "due to
the...
Mon, Aug 29 2011, 4:18 PM
After a brief but sizeable rebound on Friday, Mortgage Rates experienced an
equally sizeable rebound back higher, though we hope it will be equally...
Fri, Aug 26 2011, 5:13 PM
After setting new lows last Thursday, mortgage rates drifted higher this week...that is until today when consumer borrowing costs improved sharply. T...
Thu, Aug 25 2011, 4:22 PM
Yesterday, a recent losing streak for loan pricing boiled over and Mortgage
Rates rose across the board. Today offered a slight reprieve to yes...
Wed, Aug 24 2011, 4:34 PM
Yesterday, we noted pressure building on BestExecution rates. Today, things boiled over unfavorably and the loan pricing losing streak extended int...
Tue, Aug 23 2011, 3:30 PM
Consumer borrowing costs rose marginally today, marking the third consecutive session where mortgage rates have ticked slightly higher. Although we'r...
Mon, Aug 22 2011, 4:05 PM
Despite a volatile back-drop, mortgage rates
continue to hover near all-time lows.
Monday's offerings are little
changed from Friday (in some ...
Fri, Aug 19 2011, 2:22 PM
Despite a volatile back-drop, mortgage rates continue to hover near all-time lows.
The reason we bring up volatility again is, although many len...
Thu, Aug 18 2011, 4:11 PM
Today is one of those days where the importance of NOT paying attention to
the Treasury market for mortgage rate indications is strikingly clear. Al...
Wed, Aug 17 2011, 4:02 PM
Borrowing costs improved once again today. Mortgage rates are hovering near all-time lows.
Though many lenders have greatly improved their cons...
Tue, Aug 16 2011, 4:54 PM
Borrowing costs improved today and rates remain in all-time best
territory. Mortgage rates were perhaps slightly
better last Wednesday, but eithe...
Mon, Aug 15 2011, 11:27 AM
Rates are bouncing around near record lows set last October and consumers are looking to seize the opportunity. There's always a rush by consumers and...
Mon, Aug 15 2011, 3:36 PM
Mortgage rates re-entered record-low territory last week, one-day
after the Federal Reserve announced it would continue lending cash to
banks at a...
Thu, Aug 11 2011, 4:40 PM
Consumer borrowing costs ticked higher today in another volatile trading session (multiple reprices experienced). Mortgage rates are still in record ...
Wed, Aug 10 2011, 6:40 PM
We experienced some wild price swings today but consumer borrowing costs improved in the end. In many cases those improvements were significant.
C...
Tue, Aug 9 2011, 4:57 PM
We've used the word "nuts" in the past to describe extra volatile movements in the mortgage market, but today takes the cake. Many market records wer...
Mon, Aug 8 2011, 4:15 PM
Last week the intense rally in bond markets helped mortgage rates reach
their best levels of the year, but the rally came to an end on Friday. Then ...
Fri, Aug 5 2011, 3:32 PM
To put it bluntly, not good...
Home loan borrowing costs moved higher after a better than expected jobs report this morning. The one-week winning s...
Thu, Aug 4 2011, 4:44 PM
The craziness continues...
Mortgage rates and most things related to bonds have
ventured back into record setting territory. Stock markets are at ...
Wed, Aug 3 2011, 4:18 PM
Mortgage rates rallied again today and consumer borrowing costs drifted a little lower.
Deciding whether or not to lock a loan between now and the ...
Tue, Aug 2 2011, 2:58 PM
Mortgage rates rallied again today, extending their winning streak to four straight sessions. Positive progress has not been modest either. Improvemen...
Mon, Aug 1 2011, 4:02 PM
Mortgage rates improved last week amidst an atmosphere of major market uncertainty.
It wasn't until Friday though, after exceedingly weak economic...
Fri, Jul 29 2011, 6:14 PM
I have some unexpected good news
Amidst an atmosphere of major market uncertainty, consumer borrowing costs improved significantly today. Enough ...
Thu, Jul 28 2011, 3:57 PM
The theme of volatility is ongoing. Loan pricing has moved in the opposite direction from the previous day for 6 sessions in a row now.
The increas...
Wed, Jul 27 2011, 5:06 PM
Although BestExecution quotes didn't change today, the borrowing
costs associated with those rates rose enough to erase yesterday's
improvements, pl...
Tue, Jul 26 2011, 3:59 PM
Home loan borrowing costs enjoyed modest improvements today.
While these gains are encouraging, fear of the unknown has put lenders back on
the ...
Mon, Jul 25 2011, 3:32 PM
Home loan borrowing costs moved marginally higher last week.
Fortunately these
unfriendly developments did not negatively impact Current Market
...
Fri, Jul 22 2011, 3:35 PM
Home loan borrowing costs moved marginally higher this week. Fortunately these
unfriendly developments did not negatively impact Current Market
Be...
Thu, Jul 21 2011, 4:19 PM
Home loan borrowing costs increased today, basically to the high side of
their recent "sideways" range. Lenders continue to price their loans from a...
Wed, Jul 20 2011, 4:15 PM
Home loan borrowing costs were basically unchanged today. Mortgage rate movements have gone sideways. Fear of the unknown has put lenders back in a de...
Tue, Jul 19 2011, 3:53 PM
Home loan borrowing costs moved higher today. Fortunately these unfriendly developments did not negatively impact Current Market BestExection Mortga...
Mon, Jul 18 2011, 3:43 PM
Mortgage rates spent most of last week in recovery mode after experiencing a sharp spike in late-June/early-July. Unfortunately just before the weeken...
Thu, Jul 14 2011, 4:50 PM
Home loan borrowing costs had reached their best levels of the week as of
yesterday afternoon, but were unable to improve further today. That leaves...
Wed, Jul 13 2011, 4:11 PM
Home loan borrowing costs moved slightly lower today. This is the fourth consecutive day where borrowing costs have declined in the primary mortgage ...
Tue, Jul 12 2011, 4:05 PM
The significant reversal in loan pricing that began after Friday's jobs
report is starting to level off. On average, the costs charged by lenders
o...
Mon, Jul 11 2011, 5:11 PM
The primary mortgage market has been a roller coaster ride lately. Best Execution* quotes have been all over the place.
Just 10 sessions ago, after...
Fri, Jul 8 2011, 3:51 PM
Seven days ago mortgage rates were in a precarious position. Home loan borrowing costs had spiked and the lock/float environment was shifting in an un...
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