Mortgage News
Oct 14, 2013
What will interest rates do tomorrow? The mortgage market will improve slightly, remaining fairly stable, according to mortgage professionals voting on our live poll. Invaluable data has been withheld from investors for two weeks, paralyzing market movement. Negotiation is in effect between House Republicans and Democrats to ensure the US does not default, as this government shutdown nears the Octobe...
Oct 11, 2013
Will interest rates rise Monday? Mortgage experts predict a minimal rise, but mostly stable market rates on Monday, according to our live poll. The stalemate continues as House Republicans and Democrats negotiate an adjustment to next year’s fiscal budget. Stocks rose and bond markets declined, however interest rates ended nearly unchanged from yesterday. The market is volatile without suffici...
Oct 10, 2013
What will interest rates do tomorrow? Market rates have risen today and may follow this same behavior tomorrow. Lender's rate sheets showed improvement and a short-term compromise is in negotiation by House Republicans and Democrats, regarding a temporary increase in the debt ceiling. Stocks rose and bond markets declined. Expect fluctuations in this volatile market place as trigger happy investors are anxious and speculation is high....
Oct 09, 2013
What will interest rates do tomorrow? Market rates are likely to resist change tomorrow, according to mortgage pros voting on our live poll. Today’s rates were consistent with yesterday's rates. Volatility remains high as the Feds did not insinuate during the FOMC Minutes when they would begin tapering off mortgage-backed securities. There is speculation that the Feds will patiently w...
Oct 08, 2013
Will interest rates go down tomorrow? Mortgage professionals predict static interest rates as the government shutdown has induced a momentary paralysis, according to our live poll. Volatility is high and one piece of economic data this week could resuscitate the mortgage market. Investors are hesitant to speculate without significant economic data. In just one week, the shutdown has stunted the growth of our housing market. Market movement is...
Oct 07, 2013
Will interest rates go down tomorrow? Market rates are likely to keep constant with last week’s neutral behavior, according to mortgage professionals voting on our live poll. The mortgage market may fluctuate lightly, but is over resisting change until significant economic data is available to drive investors, to or from, the bond market. The government shutdown has held vital reports from ...
Oct 04, 2013
Will interest rates go down Monday? The market is predicted to remain stable, according to mortgage professionals voting on our live poll. Investors lie dormant as today’s Employment Situation Report is unavailable due to the government shutdown. Market movement is dependent upon a catalyst and that comes next week in the form of three economic data reports: Wholesale Inventories; Trade Ba...
Oct 03, 2013
What will interest rates do tomorrow? Mortgage rates are predicted to hold relatively steady tomorrow, according to mortgage professionals voting on our live poll. Tomorrow's Employment Situation Report will be unavailable due to the government shutdown, suspending speculation until next week's release of economic data. Market movement is flat and may be until government controversy on Ca...
Oct 02, 2013
Will interest rates go down tomorrow? The mortgage market is likely to remain flat tomorrow, according to mortgage professionals voting on our live poll. Today the market leveled off at yesterday's rates, resisting change. Investors are hesitant, as everyone anticipates the political controversy to subside. The government shutdown is preventing key economic data, which drives stock market dec...
Oct 01, 2013
What will interest rates do tomorrow? Market rates are predicted to resist change tomorrow morning, according to mortgage professionals voting on our live poll. The mortgage market remained stable today, increasing slightly in response to the decision to temporarily shut down the government. An estimated 800 thousand employees will be dismissed from key government agencies, adversely affecting th...
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