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...
Thu, Jul 7 2011, 3:59 PM
Markets fired an early warning shot today, hinting at the high-risk nature
of tomorrow's jobs data. Although the actual note
rate you're being quote...
Wed, Jul 6 2011, 3:20 PM
Today brought a second day of mild recovery for mortgage rates.
Last week, the Current Market Best-Execution mortgage rate rose
somewhat abruptl...
Tue, Jul 5 2011, 4:08 PM
After failing on repeated occasions to extend a two-month rally, mortgage rates took the path of least resistance last week: UP. The BestEx levee b...
Fri, Jul 1 2011, 12:53 PM
After failing on repeated occasions to extend a two-month rally, mortgage rates took the path of least resistance this week: UP
The BestEx levee...
Thu, Jun 30 2011, 3:58 PM
Volatility attacked on Tuesday and attacked again today.
For the second time this week, home loan
borrowing costs have risen about as much as they...
Wed, Jun 29 2011, 3:45 PM
Volatility attacks!
Home loan borrowing costs rose about as much as they could yesterday
without having it negatively impact CURRENT MARKET Best ...
Tue, Jun 28 2011, 5:56 PM
Home loan borrowing costs rose about as much as they could today
without having it negatively impact CURRENT MARKET Best-Execution
Mortgage Rate q...
Mon, Jun 27 2011, 4:33 PM
We're back to and maybe even setting new year-to-date mortgage rate lows right now. These positive developments follow a short period of stagnation wh...
Fri, Jun 24 2011, 4:25 PM
We're back to and maybe even setting new year-to-date mortgage rate lows right now.
These positive developments follow a short period of stagnation...
Thu, Jun 23 2011, 3:57 PM
Some stored energy was released today.
Loan pricing improved.
And now we're back to the best mortgage rate levels of the year.
These positi...
Wed, Jun 22 2011, 4:22 PM
Home loan borrowing costs today recovered a portion of the
increases they experienced on Monday and Tuesday.
Once again these slight cost improveme...
Tue, Jun 21 2011, 3:34 PM
Home loan borrowing costs continue to hover near the best levels we've seen all year. Activity in the secondary mortgage market is getting more an...
Mon, Jun 20 2011, 3:31 PM
Home loan borrowing costs are hovering near the best levels we've seen all year. Volatility has however picked up in the bond market. Just last T...
Fri, Jun 17 2011, 4:25 PM
A scary setback early in the week had us on the edge of our seats but home loan
borrowing costs managed to recover thanks to a "flight to safety" in...
Thu, Jun 16 2011, 4:52 PM
After experiencing a scary setback earlier in the week, home loan borrowing costs improved again today as a "flight to safety" continued to benefit bo...
Wed, Jun 15 2011, 3:54 PM
Home loan borrowing costs took a beating yesterday. The bond market's behavior was so unfriendly that Best Execution mortgage rates nearly shifted hig...
Tue, Jun 14 2011, 5:35 PM
The trend of increasing home loan borrowing costs that began last Thursday continued
today. Best-Execution mortgage rates are on the verge of shiftin...
Mon, Jun 13 2011, 4:23 PM
After finally managing to topple " The Wall ", the mortgage rate rally stalled and went sideways last week.
We'd describe this pause as mortgage...
Fri, Jun 10 2011, 3:38 PM
After tearing down "The Wall" last Friday, the mortgage rate rally stalled and went sideways this week.
We'd describe this pause as mortgage rates...
Thu, Jun 9 2011, 5:04 PM
After taking a breather early in the week, home loan borrowing
costs resumed their rally yesterday. With those loan pricing improvements,
conventi...
Wed, Jun 8 2011, 5:02 PM
After taking a brief breather early in the week, home loan borrowing costs have resumed their rally. With today's loan pricing improvements, conventio...
Tue, Jun 7 2011, 6:05 PM
Mortgage rate watchers were reminded once again today of the threats they face when floating a loan on a shortened timeline.
Although consumer rat...
Mon, Jun 6 2011, 4:15 PM
"The Wall" was seen wavering last Wednesday, teetering in its most precarious
position this year. But we needed more proof that it was ready to be t...
Fri, Jun 3 2011, 4:55 PM
On Wednesday we witnessed the second stage of a potentially significant
shift lower in
home loan borrowing costs. "The Wall" was wavering, t...
Thu, Jun 2 2011, 2:59 PM
Yesterday we witnessed the second stage of a potentially significant shift lower in
home loan borrowing costs. While these developments were encoura...
Wed, Jun 1 2011, 5:55 PM
We are witnessing the second stage of a significant shift lower in home loan borrowing costs. While these secondary signs are encouraging, they are ju...
Tue, May 31 2011, 5:33 PM
The holiday shortened week ahead will culminate with a high-risk event: the release of the monthly Employment Situation Report on Friday morning. This...
Fri, May 27 2011, 4:26 PM
"The Wall"
absorbed a direct hit yesterday. A sizeable crack is now visible in the
metaphorical structure that stands in the way of lower mortga...
Thu, May 26 2011, 5:14 PM
"The Wall"
absorbed a direct hit today. A sizeable crack is now visible in the
metaphorical structure that stands in the way of lower mortgage r...
Wed, May 25 2011, 5:06 PM
Home
loan borrowing costs are still hovering near six-month lows but forward
progress continues to be challenging. We've described the recent behavi...
Tue, May 24 2011, 4:00 PM
Nothing new to report. Afternoon loan pricing weakness yesterday was recovered today. Home loan borrowing costs continue to hover near six month lows....
Mon, May 23 2011, 4:09 PM
Home loan borrowing costs continue to hover near six month lows.
Continued improvements have however been hard to come by since the
recent rally h...
Fri, May 20 2011, 4:52 PM
Home loan borrowing costs improved slightly today but remain well
within the recent range.
CURRENT MARKET : The "Best Execution" conventional 30...
Thu, May 19 2011, 5:23 PM
Although borrowing costs rose today, the newly updated Best-Execution
mortgage rate offering we discussed on Wednesday
remains unchanged. ...
Wed, May 18 2011, 4:50 PM
Although borrowing costs rose today, the newly updated Best-Execution mortgage rate offering we discussed yesterday remains unchanged. Unfortunat...
Tue, May 17 2011, 4:28 PM
The mortgage rate "wall" is beginning to crack.
Unlike previous sessions where borrowing costs didn't rally enough to affect the position of the ...
Mon, May 16 2011, 3:49 PM
Mortgage rates failed to improve last week and home loan borrowing costs moved mostly sideways. On Friday we said rates had hit a wall . Today tha...
Fri, May 13 2011, 4:51 PM
Home loan borrowing costs have hit a wall.
Since reaching the best
levels of the year on Friday of last week, rates have been unable to
improve ...
Thu, May 12 2011, 4:10 PM
Best-Execution mortgage rates are unchanged vs. yesterday's offerings.The closing costs tied to those
rates actually moved marginally lower today. Th...
Wed, May 11 2011, 5:15 PM
Despite some volatility earlier in the day, Best-Execution mortgage rates
and borrowing costs are unchanged vs. yesterday's offerings.
After spen...
Tue, May 10 2011, 3:46 PM
After spending the first four months of 2011 in a tight range, the primary
mortgage market is still in the midst of a potentially significant shift l...
Mon, May 9 2011, 3:36 PM
After spending the first four months of 2011 in a tight range, the primary
mortgage market is now in the midst of a potentially significant shift low...
Fri, May 6 2011, 2:57 PM
After spending the first four months of 2011 in a tight range, the primary mortgage market is now in
the midst of a potentially significant shift low...
Thu, May 5 2011, 5:12 PM
After spending the first four months of 2011 in a tight range, we're now in
the midst of a potentially significant shift lower in home loan
borrowin...
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