Mortgage News
Aug 05, 2015
What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll.Mortgage rates have climbed up today from yesterday. The highest jump being in the FHA 30 year loans, moving from 3.65% to 3.75%. Last week was one of the best weeks for mortgage applications compared to the previous week, particularly among refinance applications. The Mortgage Bankers Associations Market Composite Inde...
Aug 04, 2015
What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll.Mortgage rates have pushed downward, mainly because of fears of inflation. Additional factors involved are the wage growth reports and the consumer spending. Non-Farm Payroll conolidation has begun, and these typically are the two largest market movers. Bond trading has been pretty good, with 10 year yields breaking thr...
Jul 31, 2015
What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll.Mortgage rates have stayed relatively the same today. The bond market has been less volatile than in recent weeks, and with no complaints. Jobless claims data released yesterday indicated a 2.3% job growth and weak oil earnings caused an increase in Mortgage Backed Securities prices. Some important news in the mortgage ...
Jul 30, 2015
What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll.Mortgage rates have moved up since yesterday slightly. Bond markets experienced some weakness after the losses just following the overnight session. 10 year yields came in at 2.322 as markets in Asia responded to yesterday's FOMC announcement. German Bunds rallied nicely, however the weakness remained. A...
Jul 29, 2015
What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll.Mortgage rates have climbed across the board today. There was talk about reaching the strongest levels in three weeks, but the last few days have shifted away from that. The key motivating factors for traders is to adjust ahead of the Fed, while also taking into conderation the corporate debt issuance. The release...
Jul 27, 2015
What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll.Mortgage rates have dropped slightly, with the exception of the 5/1 ARM, which has crawled up slightly. The amount of home sales is just short of hitting numbers seen before the recession, however one segment of the population is holding off on buying. This is the Foreign investors. This segment of buyers has dropped by 19 pe...
Jul 24, 2015
What will mortgage interest rates do tomorrow? Mortgage professionals are voting in ourdaily poll.Mortgage rates have nudged downward again today. This is the 4th day in a row that bond trading has been sparce. Treasury yields are holding around the same range. The most significant data today was the release of the Jobless Claims. They came in at the lowest levels since 1973! This beat the forecasted number by 25 thousand. This is thought ...
Jul 23, 2015
What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll.Mortgage rates have moved down slightly again, Today is a day to be watching the stock market. The release of earnings reports and corporate debt could put pressure on the bond market. The phenomenon of the "stock lever" has been seen in concept and in reality since 1980. It refers to the relationship between ...
Jul 22, 2015
What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll.Mortgage rates have moved down slightly from yesterday, The amount of applications being submitted has slowed down. According to the Mortgage Bankers Associations Market Composite Index, the week ending July 17 barely changed from the previous week. The Refinance Index was up one percent from the previous week. Th...
Jul 21, 2015
What will mortgage interest rates do tomorrow? Mortgage professionals are voting in our daily poll.Mortgage rates have jumped up higher today, although they are still trading within a narrow range. After 9:00am, rates dropped sharply, and Mortgage Backed Securities have rallied nicely. The only issue is that everything is happening on a small scale range. It's hard to really say what is motivating the mortgage ma...
Searching Today's Rates...
Featured Lenders
Lisa Stepp
RBS Citizens
Clifton Park, NY
