Mortgage News
Sep 16, 2013
What will mortgage rates do tomorrow? Mortgage professionals predict market rates will stabilize tomorrow, according to our daily poll. This may be the calm before the storm. Anticipation is high as we wait for Wednesday’s Federal decision on Tapering off mortgage-backed securities. The mortgage market has been preparing for a cut in Federal spending. However, the response by investors may ...
Sep 13, 2013
What will mortgage rates do Monday? Market rates will rise, according to mortgage professionals on our live poll. Although today’s Retail Sales Report provided weaker data than economist had predicted, it may not be significant enough to prevent Tapering. Today’s rates remained stable as predicted. The Fed’s will announce their intentions for Tapering this Wednesday. Anticipate...
Sep 12, 2013
What will mortgage rates do tomorrow? According to mortgage experts voting on our live poll, market rates should remain fairly stable. Speculation of tomorrow’s economic data is inviting volatility in the mortgage market. Rates decreased today, in response to the behavior of U.S. treasuries. In addition, uncertainty of America’s involvement in Syria will lead investors to substitute s...
Sep 11, 2013
Will mortgage rates go up tomorrow? Market rates are expected to rise, according to mortgage experts voting on our live polls. As no significant data has been released, rates peaked today in response to last night’s public address on intended political action regarding Syria. Speculation of war will influence investors to consider a safe-haven like mortgage backed securities to substitute risky ...
Sep 10, 2013
What will mortgage rates do tomorrow? Mortgage professionals predict market rates will remain stable, according to our live poll this morning. No significant data is expected until the Fed’s September 18th decision. However, the market may fluctuate this week due to uncertainty of political issues in Syria and the current attraction to the stock market. Today's market rates improved in response to Friday’s NFP Employment Report,...
Sep 09, 2013
Will mortgage rates go down tomorrow? Mortgage rates are predicted to decrease tomorrow, mirroring today’s market improvement. Friday’s NFP Report illustrated weak economic data regarding employment. The Fed’s will make a decision on Tapering this month and employment data will be carefully considered. The market remains volatile due to the unpredictability of the Fed’s intentions and rates will continue to fluctuate this...
Sep 06, 2013
Are mortgage rates going up Monday? Mortgage experts predict lower rates Monday in response to the Unemployment Report released today. Economic data was slightly weaker than expected, implying the Fed’s may deter from the anticipated Tapering decision. Speculation of positive employment data led to today’s peak in market rates, climbing to new 2-year highs. Today marks the third consecutive day of escalation, however Monday’s...
Sep 05, 2013
Will mortgage rates go up tomorrow? Slightly higher, yet mostly stable market rates are to be expected tomorrow, according to our poll at 11:37 A.M. ET. Inconsistency is inevitable, as speculation rises regarding Friday’s Unemployment Report. Positive economic data may adversely affect the Fed’s September 18th decision, leading to a taper off of Mortgage Backed Securities. Today’s rates peaked slightly below the 52 week...
Sep 04, 2013
Will mortgage rates go up tomorrow? According to our poll at 11:01 AM ET, mortgage experts predict tomorrow’s rates will remain stable or increase slightly. Rates will continue to fluctuate due to speculation of Friday’s Employment Report. Today’s rates peaked in response to the ISM Manufacturing Report, which implied expansion for the US economy. Anticipation and speculation continue to thrive as we wait for the...
Sep 03, 2013
Are mortgage rates going up tomorrow? According to our poll at 11:43 AM, mortgage experts predict tomorrow’s rates will increase. Fluctuation in market rates are to be expected due to speculation of this Friday’s Employment Situation Report. The Fed’s tapering decision is more likely to support the housing market if the economic report presents negative data. September 18 marks the Federal meeting to discuss their...
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