Mortgage News
Oct 05, 2015
What will Rates do this week?? Mortgage professionals are voting in our daily poll.Mortgage rates have risen sharply today, after the release of Friday's Non-Farm Payroll data. There haven't been any significant happenings in the bond market since Friday's data, and it appears that stocks and bonds are following the same pattern. Today was the release of the ISM non-manufacturing data, which came in weaker than...
Oct 02, 2015
What will Mortgage Rates do next week? Mortgage professionals are voting in our daily poll.Mortgage rates continue to remain at record lows, despite the fact that the employment data came in weaker than expected. This afternoon brought about a shift in the bond markets, which directly affect mortgage rates. This may signal a mid-day re-price risk. The major report of the week, which was the jobs report, presented evi...
Oct 01, 2015
What will Mortgage Rates do tomorrow? Mortgage professionals are voting in our daily poll.Mortgage rates are still holding thier ground, due to big moves in Europe. European Bond markets opened up the trading day with an impressive rally, and US bonds have followed. Stronger manufacturing data in China has been a contributing factor to today's market strength as well. Domestic economic data which was released tod...
Sep 30, 2015
What will Rates do next? Mortgage professionals are voting in our daily poll.Mortgage rates are nearing the lowest numbers that we have seen in the last five months. The day started with the Mortgage Backed Securities and Bond markets surging due to equities weakness. The next few days bring some events taht could surge rates either higher or lower, depending on the data. This implies that there is some chance that t...
Sep 29, 2015
What will Rates do tomorrow? Mortgage professionals are voting in our daily poll.Mortgage rates are significantly lower today. The yeilds are they are the lowest that they had been in a month, late August, to be axact.. This is a pretty clear example of the "stock lever" - the phenomenon known in the market whereas bond yields move highter, equities do as well. Mortgage rates are correlating to the bond yields, ...
Sep 28, 2015
What will Rates do this week? Mortgage professionals are voting in our daily poll.Mortgage rates are a nudge lower than they have been as the week starts out. Domestic data came out this morning higher than expected, however, the main influences in the market today were the equities markets and the oil prices. Stocks also took center stage, and the bonds followed suit. Bonds were strong today, despite factors t...
Sep 25, 2015
What will Mortgage Rates do next weeki? Mortgage professionals are voting in our daily poll.Mortgage rates continue to hold in a very narrow pattern. This is the after effect of Yellen's speech after the markets closed yesterday afternoon at 5:00pm. Apparently, there was some disussion of a potential hike later on this year. This message to the markets is a bit contradictory to last week's Fed announcement, a...
Sep 24, 2015
What will Mortgage Rates do tomorrow? Mortgage professionals are voting in our daily poll.Mortgage rates have remained static today from yesterday. This week, up until today, there was only one economic report released, which is the Existing Home Sales data release. Today we are set to have three additional reports. New Homes Sales, Durable Goods, and Jobless Claims. The Durabnle Goods data has the potential to...
Sep 23, 2015
What will Mortgage Rates do tomorrow? Mortgage professionals are voting in our daily poll.Mortgage rates have inched up today. Bonds traded this morning within a narrow range. At the beginning of the day, Chinese manufacturing data caused bonds to sell off fairly well, and as Corporate bond issuance contunies to put pressure on the bond markets, we end up with neither a move in a positive direction or a weak one. At ...
Sep 21, 2015
What will Mortgage Rates do next week? Mortgage professionals are voting in our daily poll.Mortgage rates are lower today, as the talk about the Fed announcement continues into the week. This is the result the influx of bonds in the market. The sell-off began with the issuance of new corporate bond deals, as well as the fallout from the suprising decision by the Fed not to raise rates. Treasury prices have increased...
Searching Today's Rates...
Featured Lenders
Lisa Stepp
RBS Citizens
Clifton Park, NY
