Mortgage News
Dec 31, 2013
What will mortgage rates do tomorrow? Coming into the New Year tomorrow, mortgage rates will remain at today’s best execution levels as stock and bond markets are closed. Today’s Consumer Confidence Report provided positive data, driving MBS prices lower, giving up yesterday’s improvements. However, investors are not very responsive to data between Christmas and the New Year. In addition, the 10-Year Treasury bond is up by...
Dec 30, 2013
Will mortgage rates go up tomorrow? Industry experts voting on our live poll predict no change in interest rates tomorrow. The mortgage market will typically experience very little movement during Christmas and the New Year. However, market rates will remain volatile as the Federal Reserve has begun tapering off the bond purchase program. Positive economic data is negative for mortgage rates and inve...
Dec 27, 2013
What will interest rates do Monday? Mortgage professionals predict no change in mortgage rates on Monday, according to our live poll. As it is a holiday week and the end of 2013, there is limited economic data scheduled for release and investors remain hesitant to make a move. Improvement in the mortgage market will be a challenge now that tapering off bond purchases has begun. Positive data will co...
Dec 24, 2013
What will interest rates do tomorrow? Well, tomorrow is Christmas Day and bond markets are closed. Mortgage rates will close early today at 2pm ET and rates will remain at today’s best execution levels. This has been a light week in regards to economic data and mortgage news thus far. Positive data will continue to be undesirable for the mortgage market, as the Fed is anticipating an increase in the Federal taper off the bond purchase...
Dec 23, 2013
What will interest rates do tomorrow? Mortgage rates are predicted to be fairly stable to slightly higher, according to mortgage professionals voting on our live poll. As the government tapers off the bond stimulus program, banks will become less profitable and more dependent on home buyers to compensate. Higher interest rates will attempt to make up for the $5 billion a month reduction. Upcoming FOM...
Dec 20, 2013
Will mortgage interest rates go up tomorrow? According to mortgage professionals voting on our live poll, interest rates are rising and will continue to do so in response to Federal tapering. As the government trims its stimulus program, the banks will become less profitable and more dependent on home buyers to compensate. However, this is unlikely due to our economic instability and the subseq...
Dec 19, 2013
What will mortgage rates do tomorrow? According to mortgage professionals voting on our live poll, interest rates are predicted to rise tomorrow. The Federal Reserve delivered negative news for the mortgage market, announcing a $10 billion trim to the bond purchase program. Mortgage backed securities and US Treasuries bonds will each be reduced by $5 billion a month in financial stimulus. Ben Be...
Dec 18, 2013
What will mortgage rates do tomorrow? According to mortgage professionals voting on our live poll, interest rates are predicted to go down tomorrow in response to the Feds announcement on monetary policy. However, financial experts and many mortgage pros are in disagreement, as they are confident the Feds will postpone tapering until March 2014, when Janet Yellen has taken office as chairman. Recent ...
Dec 17, 2013
Will interest rates go down tomorrow? It is difficult to be sure, as the direction of mortgage rates are directly correlated to the Feds Monetary Policy Statement tomorrow. However, mortgage professionals voting on our live poll are confident the Fed will announce their decision to taper off mortgage backed securities, subsequently driving a surge in interest rates. The mortgage market has b...
Dec 16, 2013
Will interest rates go down tomorrow? Mortgage rates should remain stable until the Feds Monetary Policy Statement on Wednesday, according to mortgage professionals voting on our live poll. Investors are hesitant to make a move until the Feds intentions to taper are clear, as it may be the end of historically low rates. The release of a weaker-than-expected manufacturing report had no significan...
Searching Today's Rates...
Featured Lenders
Lisa Stepp
RBS Citizens
Clifton Park, NY
