Mortgage News
Jul 07, 2015
What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll.Mortgage rates continued to drop today, hitting the lowest point in two weeks. This is due to the higher demand for mortgage backed securities and US Treasuries. The situation in Greece is uncertain, and this has spurred an increase in safe-haven assets, such as bonds. This impact has been a steady decrease in mortgage ...
Jul 08, 2015
What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll.Mortgage rates today remained largely similar to yesterday, but the trend in 2015 is one of instability. Contributing factors include global markets, such as China. China's stock market has seen devastating losses, and had to halt all sales yesterday in an effort to avoid having the worst losses in four years. Other...
Jul 09, 2015
What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll.Mortgage rates continue on their downward trend for July, even though today brought about a slight spike. This has been the trend across the board with stock prices, commodities, and global markets. Greece still seems to be having a major impact on the US interest rates, and we are waiting for an imminent deal with respect to...
Jul 10, 2015
What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll.Mortgage rates jumped up today, but are still in the lower-than they have been over the last several weeks. Most lenders are offering 30 year fixed rates between 4.0% and 4.125%, and there seems to be some variation across the board, due to the array of product offerings from lender to lender. The rate jump is a reminder tha...
Jul 13, 2015
What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll.Mortgage rates have climbed higher over the weekend, showing a slight increase in all areas except 5/1 ARM, which dropped slightly. This is due in part to the Greece settlement. The Greek government has agreed to the majority of demands from creditor nations, and will have to come up with 90 billion in emergency loans over th...
Jul 15, 2015
What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll.Mortgage rates have dropped slightly since yesterday. however, but today is scheduled to be a chaotic day , with the schedule of data to be realeased, and potential for headlines coming out of Greece. Domestic data has been an instigating factor for movement, as well as PPI and Industrial Production. These reports are being r...
Jul 20, 2015
What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll.Mortgage rates continue to drop slightly but still are within a narrow range. This news is considered positive, given the headlines this mornng. The Greek bailout is moving ahead, having secured the support of Finland's vote this mornng. Also approved was Greece's bridge financing, which is much needed, since th...
Jul 20, 2015
What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll.Mortgage rates are slightly lower than yesterday, except for the 5/1 Adjustabe Rate Mortgage, which has nudged up slightly. Currently there are three factors that are influencing today's rates. These factors all lie in domestic data, namely the Consumer Price Index, housing starts, and expectations of inflation. The...
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