Mon, Jan 23 2012, 3:12 PM
For the first time in over a month, the Best-Execution rate for 30yr fixed mortgages rose from a rounded average of 3.875% to 4.00% today. The underl...
Fri, Jan 20 2012, 2:21 PM
Mortgage Rates
moved higher again today, albeit by a relatively small amount on average. But averages only tell part of the story. We're seeing t...
Thu, Jan 19 2012, 3:41 PM
Mortgage Rates worsened at a reasonably brisk pace today when compared with recent relative stability. Still, the movement remains confined to costs...
Wed, Jan 18 2012, 2:54 PM
Mortgage Rates
continue to ebb and flow in the same pattern that has persisted for over a month. The average Best-Execution interest rate for a 30...
Tue, Jan 17 2012, 3:08 PM
After setting new records on Friday, Mortgage Rates
are absolutely flat to start the week. That means that Best-Execution
remains most appropri...
Fri, Jan 13 2012, 3:54 PM
How many times will we have the opportunity to write this headline in 2012? Yet again, Mortgage Rates
on average, have broken recently set record...
Thu, Jan 12 2012, 3:11 PM
Mortgage Rates
held steady to slightly improved today. This comes after yesterday marked the first hint of rate drama we've seen in 2012, which wa...
Wed, Jan 11 2012, 5:15 PM
Yesterday marked the first day in 2012 where Mortgage Rates
increased by any sort of statistically significant amount. Even so, it was only signi...
Tue, Jan 10 2012, 3:12 PM
Mortgage Rates finally experienced their first noticeable move higher in 2012, although it should be noted that "noticeable" doesn't necessarily mean...
Mon, Jan 9 2012, 2:55 PM
Mortgage Rates
continued a trend of slight, incremental improvements today, meaning that--on average--it's another record setting day. As has been ...
Fri, Jan 6 2012, 3:40 PM
Mortgage Rates
are simply on a tear... New records were set yesterday and again today--granted, by only small margins each time and only with respe...
Thu, Jan 5 2012, 4:07 PM
Mortgage Rates
continue to demonstrate an uncanny stability at all-time-lows. As far as the actual rates being quoted, nothing has changed. Best-E...
Wed, Jan 4 2012, 4:29 PM
Mortgage Rates
continue to operate at the same Best-Execution levels with only minor variations in borrowing costs between lenders on any given day....
Tue, Jan 3 2012, 4:00 PM
Mortgage Rates are slightly higher to begin the new year, but Best-Execution levels remain intact at 3.875%. That being the case, most loan scenario...
Fri, Dec 30 2011, 1:45 PM
Mortgage Rates have been operating in the 3.875% best-execution range for several weeks now with the only day-to-day variations being seen in the are...
Thu, Dec 29 2011, 3:28 PM
Mortgage Rates took the day off from the faster-paced improvements seen yesterday, and instead improved only in small amounts. Even then, nothing ha...
Wed, Dec 28 2011, 2:40 PM
Unlike yesterday's uneventful market movements, Mortgage Rates
are noticeably improved today. While volume remains quite light in general due to a...
Tue, Dec 27 2011, 2:23 PM
After getting pushed higher in low volume trading late last week, Mortgage Rates
are roughly unchanged today, although market volume remains exceed...
Fri, Dec 23 2011, 1:22 PM
Mortgage Rates
suffered their worst losses of the week today as light volume and low participation left sellers in control, driving benchmark intere...
Thu, Dec 22 2011, 2:14 PM
Mortgage Rates are slightly improved today after minor increases to borrowing costs over the past two days. Before that, rates spent several days at...
Wed, Dec 21 2011, 1:43 PM
After several days at record lows with little deviation in borrowing costs, Mortgage Rates have now moved slightly higher on two consecutive days. T...
Tue, Dec 20 2011, 2:35 PM
After several days at record lows with little deviation in borrowing costs, Mortgage Rates worsened somewhat today. The weakness, however, does not...
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...
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