Mortgage News
Jan 30, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on our daily poll.The conclusion of yesterday's FOMC meeting came with news that the Fed will continue to taper their QE bond buying program by another $10 billion every month. Two market moving reports were due out today: GDP and the Department of Labo...
Jan 29, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on our daily poll.Today marks the last for Ben Bernanke's Chair term of the Federal Reserve - the FOMC will release their monetary policy report at 2:00PM ET at the conclusion of the current Federal Open Market Committee. The mortgage industry is likely holding its...
Jan 28, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on our daily poll.The economic calendar for this week includes market moving reports for housing, manufacturing, GDP and consumer attitudes toward the U.S. economy. Perhaps the most anticipated report will be the monetary policy statement arriving tomorrow, 2PM ET, aft...
Jan 28, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on our daily poll.After weeks of stasis, FHA 30 year fixed rates fell to 4.12%. The economic calendar for this week includes market moving reports for housing, manufacturing, GDP and consumer attitudes toward the U.S. economy. Perhaps the most anticipated r...
Jan 24, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on our daily poll.The National Association of Realtors reported that last month showed disappointing home sales - a 4.2% slump since October. December 2013's numbers were also lower than those of December 2012.However, 2013 on the whole not only showed an&n...
Jan 23, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on our daily poll.The National Association of Realtors reported that last month showed disappointing home sales - a 4.2% slump since October. December 2013's numbers were also lower than those of December 2012.However, 2013 on the whole not only showed an ...
Jan 22, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on our daily poll.The beginning of this month showed an 11.9% increase in mortgage applications, a relative comeback after a 12-year low during the New Year holiday week. Refinance applications fell 1% to 62% of all mortgage applications in the same week - the lowest s...
Jan 21, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on our daily poll.The beginning of this month showed an 11.9% increase in mortgage applications, a relative comeback after a 12-year low during the New Year holiday week. Refinance applications fell 1% to 62% of all mortgage applications in the same week - the lowest s...
Jan 20, 2014
What will mortgage interest rates do tomorrow? Rates should increase, according to mortgage professionals voting on our daily poll.Mortgage rates are the lowest they've been in 6 weeks. The beginning of this month showed an 11.9% increase in mortgage applications, a relative comeback after a 12-year low during the New Year holiday week. Refinance applications fell 1% to 62% ...
Jan 17, 2014
What will mortgage interest rates do tomorrow? Rates should hold steady, according to mortgage professionals voting on our daily poll.Mortgage bond prices are relatively unchanged today, and mortgage interest rates have dropped slightly. New stats show building permit acquisition - a sign of future construction - is below the projected (1,000K) by about 3% (986K). Last we...
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