Mon, Apr 4 2011, 3:35 PM
After drifting
progressively higher for seven straight sessions, we've finally seen some
stabilization and even modest improvements in home loan bor...
Fri, Apr 1 2011, 4:41 PM
Normal
0
false
false
false
EN-US
X-NONE
X-NONE
...
Thu, Mar 31 2011, 4:42 PM
A seven day losing streak was finally put to an end yesterday.... just
in time for a
high-risk event. The official Employment Situation Report w...
Wed, Mar 30 2011, 4:55 PM
After SEVEN consecutive days of marginal increases, home loan
borrowing
costs finally stabilized today. This does not necessarily mean that
cost...
Tue, Mar 29 2011, 4:34 PM
Home loan borrowing costs drifted marginally higher for the seventh consecutive session today. The trend is not your friend! HERE is a chart.
...
Mon, Mar 28 2011, 4:17 PM
After hitting 2011 lows on a steady "flight to safety", home loan
borrowing costs have drifted incrementally higher in six of the last six
trading...
Fri, Mar 25 2011, 5:52 PM
Home loan borrowing costs moved incrementally higher this week. There is reason to be concerned about this directional drift....
Although today's ...
Thu, Mar 24 2011, 5:46 PM
From where you sit
there appears to be little volatility in mortgage rates. Today was the FIFTH
consecutive session where loan pricing either rem...
Wed, Mar 23 2011, 7:30 PM
After looking like they might improve this morning, home loan
borrowing costs ended the day unchanged, making today the FIFTH
consecutive session w...
Tue, Mar 22 2011, 4:51 PM
Home loan borrowing costs moved slightly higher today. This is the
fourth consecutive session where loan pricing has worsened by a thin
margin. Be...
Mon, Mar 21 2011, 5:23 PM
Home loan borrowing costs got slightly more expensive today. Best-execution mortgage rates were unchanged.
News today that Treasury would begin s...
Fri, Mar 18 2011, 4:07 PM
Mortgage rates got slightly more expensive today. Best-execution rates were unchanged.
It was a quiet session overall. Little movement was seen in ...
Thu, Mar 17 2011, 3:56 PM
Mortgage rates worsened today.
The
level of panic lessened overnight in Japan, and despite several somewhat
alarming headlines, the overall pan...
Wed, Mar 16 2011, 6:31 PM
Mortgage rates improved today as the situation in Japan deteriorated and a feeling of panic poured through global markets, spurring on another flight ...
Tue, Mar 15 2011, 6:13 PM
CURRENT MARKET : The "Best
Execution" conventional 30 year
fixed mortgage rate is still 4.875%. For those looking to permanently
buy
down thei...
Mon, Mar 14 2011, 4:44 PM
Home loan borrowing costs improved slightly today, though Best-Execution rates remained the same.
Nervous
tensions surrounding the potential econ...
Fri, Mar 11 2011, 3:09 PM
Consumer borrowing costs lost a very small amount of
ground today. Mortgage rates are still about aggressive as they've been since late January thou...
Thu, Mar 10 2011, 4:25 PM
You'll have to look closely in order to see a difference between the
introductory paragraphs of today's commentary and yesterday's...
Today's 30...
Wed, Mar 9 2011, 5:16 PM
If yesterday gave fence-sitters a taste of the downside risks associated with floating, today shared the rewards.
Today's 10-year Treasury note...
Tue, Mar 8 2011, 4:54 PM
Fence-sitters today got their first taste of a series of moderately
risky events that face mortgage rates in the days ahead, Treasury
auctions!
...
Mon, Mar 7 2011, 4:18 PM
CURRENT MARKET : The "Best Execution" conventional 30 year
fixed mortgage rate is 4.875%. For
those looking to buy down their rate to 4.75%, this q...
Fri, Mar 4 2011, 6:00 PM
It was a volatile week for mortgage rates.
Monday and Tuesday saw
rates near their best levels in nearly a month. Consumer borrowing
costs the...
Thu, Mar 3 2011, 5:28 PM
The Best Execution conventional 30-year fixed mortgage rate rose today.
UPDATED CURRENT MARKET :
The "Best Execution" conventional 30-y...
Wed, Mar 2 2011, 5:23 PM
It was another volatile day in the mortgage market. Don't let that
distort your perspective of reality though. When looking at the behavior
of mo...
Tue, Mar 1 2011, 5:02 PM
It was an exciting day in the
bond market.
Early in the trading session, the environment looked unfriendly for
mortgage rates. Stocks were rall...
Mon, Feb 28 2011, 4:00 PM
This week begins with mortgage rates holding onto recent improvements. Last week, we discussed how a "flight to
quality" helped drive up investor de...
Fri, Feb 25 2011, 5:58 PM
Mortgage rates benefited from a "flight to safety" this week.
A "flight to safety" happens when investors are nervous about owning
risky assets...
Thu, Feb 24 2011, 4:26 PM
Mortgage rates continue to benefit from a "flight to safety".
A "flight to safety"
happens when investors are nervous about owning risky assets l...
Wed, Feb 23 2011, 5:44 PM
Mortgage rates continue to enjoy a
period of relief after rising rapidly in recent
weeks. The extent to which this relief
period matures into a mo...
Tue, Feb 22 2011, 4:27 PM
UPDATED CURRENT MARKET : The "Best
Execution" conventional 30 year fixed mortgage rate improved to 5.00%
today. There is an opportunity to lock ...
Fri, Feb 18 2011, 4:29 PM
Although costs inched slightly higher today, the overall picture of this
week in mortgage rates was finalized today and it doesn't look too bad.
I...
Thu, Feb 17 2011, 4:55 PM
A 3 day winning streak for mortgage rates ended yesterday, but in gentle
fashion. This allowed us to keep our best execution 30-year fixed mortgage r...
Wed, Feb 16 2011, 4:55 PM
Yesterday we shared news that mortgage rates were on a three day
winning streak. This allowed us to update our best execution 30-year fixed mortgage ...
Tue, Feb 15 2011, 1:41 PM
Mortgage rates are on a three day winning streak!
Yes you read
that correctly. After snapping a 5-day losing streak last Wednesday,
loan prici...
Mon, Feb 14 2011, 4:22 PM
We watched defensively last week as mortgage rates teetered on a
ledge. We were searching for an indication that "snowball selling" had
been avoid...
Fri, Feb 11 2011, 2:45 PM
A 7-week mortgage rates range was finally broken last Friday. The
directional move that took place afterward was not fence-sitter
friendly. "Best ...
Thu, Feb 10 2011, 5:45 PM
Yesterday was one of those "GOOD NEWS/BAD NEWS" sorta days.
The good news was mortgage rates ended a damaging 5 day losing streak
The bad ne...
Wed, Feb 9 2011, 5:54 PM
This is gonna be one of those "GOOD NEWS/BAD NEWS" sorta days.
The good news is...
The mortgage rate losing streak has come to an end at 5 d...
Tue, Feb 8 2011, 6:01 PM
Home loan borrowing costs extended their losing streak to five days today. "Best Execution" mortgage rates didn't move higher though, just the closing...
Mon, Feb 7 2011, 2:39 PM
A 7-week mortgage rates range was finally broken last Thursday and
Friday. The directional move was not consumer friendly. "Best Execution"
home l...
Fri, Feb 4 2011, 4:40 PM
It finally happened. The range has been officially broken. In the wrong direction.....
The RANGE that has been the topic of so much conversation ...
Thu, Feb 3 2011, 5:03 PM
It's been about a month since the last Employment Situation Report
was released. What we had to say about it then is pretty much the same
thing w...
Wed, Feb 2 2011, 5:49 PM
There's really no reason to overcomplicate things at this point.
There is a TON of economic data coming out tomorrow, all throughout the
day....
Tue, Feb 1 2011, 5:16 PM
I have a prediction...
I know what the market is going to do tomorrow.
Yes! Even before it happens!!
I just KNOW (note sarcasm please) th...
Mon, Jan 31 2011, 5:50 PM
Just like the first three weeks of the month, the last week was all
about the range in the primary mortgage market. If you're a first time
reader ...
Fri, Jan 28 2011, 4:14 PM
The word of the month in the primary mortgage market is " RANGE ". <<<---- We wrote that last Friday.
On Monday we said a storm was a brewin. "Don...
Thu, Jan 27 2011, 5:35 PM
After the "high risk events" of the week reached a crescendo
yesterday, today's market movements offered a bit of reprieve for
mortgage rate watch...
Wed, Jan 26 2011, 5:38 PM
Two high risk events came and went over the last 18 hours. The State of the Union address and the release of the FOMC Statement. Although the market'...
Mon, Jan 24 2011, 4:19 PM
The comfy confines of the range are shrinking and the market is growing restless. Stored energy is itching to be released, investors are actively see...
Fri, Jan 21 2011, 4:02 PM
Mortgage rates failed to breakout of that range this week. And although "Best Execution" barely budged yet again....closing costs did rise. On average...
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