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 ...
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 ...
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