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...
Thu, Oct 6 2011, 4:05 PM
Mortgage Rates
continued higher today, removing 3.875% from Best-Execution status as most
lenders and introducing the possibility of seeing 4.125%...
Wed, Oct 5 2011, 4:32 PM
Bond markets were slightly weaker
today and Mortgage Rates edged just
slightly higher, shifting the balance toward 4.0% as the more prevalent
B...
Tue, Oct 4 2011, 4:55 PM
After improving for several days and
falling in line with all-time lows, Mortgage
Rates took a step back today. Just as most of yesterday's ga...
Mon, Oct 3 2011, 4:04 PM
Bond
markets rallied heavily today and Mortgage Rates
continued to improve. Most of the gains were seen in the form of lower
borrowing costs t...
Fri, Sep 30 2011, 4:54 PM
Mortgage Rates
continued to improve today, adding on to yesterday's already impressive gains. Best-Ex moved solidly down to lower of the
two rate...
Thu, Sep 29 2011, 3:55 PM
After leveling-off yesterday Mortgage Rates saw some solid improvements
today, in many cases dropping Best-Execution rates by an eighth of a poin...
Wed, Sep 28 2011, 4:42 PM
After several days of progressively
worse Mortgage Rates , things turned around a bit
today. Or rather, it might be better to
say that things ...
Tue, Sep 27 2011, 4:50 PM
Mortgage Rates continued higher today with Best-Execution
rates about an eighth of a point higher.
There are
all sorts of challenges in the ...
Mon, Sep 26 2011, 5:03 PM
After two days of significant
improvements, Mortgage
Rates took a measured step back on Friday.
Best-Execution rates rose about an eighth of a ...
Fri, Sep 23 2011, 3:57 PM
After two days of significant improvements, Mortgage Rates took a measured
step back today. Best-Execution rates
rose about an eighth of a point...
Thu, Sep 22 2011, 5:17 PM
After yesterday's FOMC Announcement, Mortgage Rates moved to all time
lows. The rally in bond markets extended
overnight and throughout today's tra...
Wed, Sep 21 2011, 5:16 PM
Yesterday we wrote: "Until we see proof that the Secondary Mortgage Market
can break higher than its recent highs, we're hesitant to outright PLAN on...
Tue, Sep 20 2011, 2:46 PM
Some overnight news out of Europe did a small amount of damage to bond
markets earlier this morning and based on market levels, Mortgage
Rates wer...
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 ...
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