Mortgage News
Sep 30, 2013
What will interest rates do tomorrow? The mortgage market may remain flat tomorrow as investors hold off bets on US stocks and bonds as the Government intends to shutdown tomorrow morning. The government shutdown is expected to drive up mortgage rates this week, according to mortgage professionals voting on our live poll. Federal employees will be temporarily dismissed from key admini...
Sep 27, 2013
What will mortgage rates do Monday? Mortgage professionals believe interest rates will remain stable on Monday, according to our Live Poll. The market should remain flat as there will be no fresh economic data today. This week’s New Home Sales and Initial Jobless Claims Reports did not shake the mortgage market. Interest rates remain stable at 3-month lows. Fear of the government shut...
Sep 26, 2013
Will mortgage rates go down tomorrow? Interest rates will likely remain stable tomorrow, according to our Live Poll voted on by mortgage professionals. Fluctuation is probable as mixed data is released this morning. The Feds are carefully analyzing economic reports to support their decision to taper. U.S. home sales data illustrates a decline in the housing market in response to higher rates last...
Sep 26, 2013
Will interest rates go down tomorrow? Mortgage professionals predict lower rates tomorrow, according to our Live Poll. Weak economic data, such as Yesterday's Consumer Confidence Report, will improve market conditions. Best-execution interest rates dropped to 2-month lows today. Weak data intrigues investors as it implies the Feds will not take action on tapering off mortgage bonds. The 10-year Bond is down by 1.47% at 2.614. However,...
Sep 26, 2013
What will mortgage rates do tomorrow? Mortgage experts predict fairly stable interest rates tomorrow, according to our Live Poll. The 10-year Bond has declined significantly to 2.674 this week by 2.5%. The stock market is regaining strength, which may stray investors towards securities. The Feds continue to anticipate positive economic data to support tapering sooner than later. The market will remain volatile as investors and banks fear the...
Sep 26, 2013
Will interest rates go down tomorrow? The mortgage market is likely to remain flat, according to mortgage experts voting on our Live Poll. Fluctuation in either direction by .01-.02% is probable. The stock market is suffering this morning, which may shuffle investors towards the bond market for security. The 10-year Bond forfeited all gains today, declining by 1.06% to 2.703. Market improvement is for...
Sep 20, 2013
Will mortgage rates go down Monday? Interest rates are likely to remain stable. The market was flat today with minimal fluctuation. Mortgage professionals have voted on our live poll, illustrating an accurate prediction of Monday’s rates. The 10-year Bond staggered back to yesterday’s level at 2.73. Overall, the mortgage market will see further improvement in response to Wednesd...
Sep 19, 2013
Will mortgage rates go down tomorrow? Interest rates will decline in response to market improvement. Mortgage experts have voted on our live poll, illustrating an accurate prediction of tomorrow’s rates. This morning at 9:15 A.M PT, the 10-year Bond is up by 0.66% at 2.73, insinuating higher MBS purchases. A rise in Mortgage-Backed Securities influences a decrease in mortgage rates. There was a ...
Sep 18, 2013
Are mortgage rates going up tomorrow? Difficult to say, but one thing is for sure, market rates will not surge to record highs as expected. The Federal Reserve have postponed tapering off mortgage-backed securities after considering our economic instability. Tomorrow’s rates may fluctuate lightly in either direction. Investors are trigger happy with stock and bonds in response to the Tapering decision and Bernanke’s Press Conference....
Sep 17, 2013
Will mortgage rates go up tomorrow? Market rates will rise, according to mortgage experts voting on our live poll. The Federal Reserve will announce their decision on Tapering off Mortgage-Backed Securities tomorrow. Industry professionals believe the Fed will cut MBS investment, subsequently driving rates higher. However, if their decision includes moderation, the market may not feel the wrath all at...
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