Mortgage News
Jun 24, 2014
What will mortgage interest rates do tomorrow? Rates should go down, according to mortgage professionals voting on Lender411's mortgage interest rate prediction daily poll.Mortgage bonds greeted the morning in more positive territory after the release of a weaker than expected Case-Shiller report. The 20 city Index rose by 10.8 percent year-over-year in April, below the 11.6 percent ex...
Jun 24, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on Lender411's mortgage interest rate prediction daily poll.Friday's mortgage bond gains are holding steady through today. Mortgage rates experienced slight drops. All this despite strong Existing Home Sale data out today: up 4.9%, the best leap since 2011. ...
Jun 20, 2014
What will mortgage interest rates do Monday? Rates should stay the same, according to mortgage professionals voting on Lender411's mortgage interest rate prediction daily poll.Mortgage bonds are sideways, bolstered by an absence of market moving economic reports.Mortgage bonds rode the post-FOMC statement wave in the morning, staying strong before dropping down to weaker levels...
Jun 19, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on Lender411's mortgage interest rate prediction daily poll.Mortgage bonds rode the post-FOMC statement wave this morning, staying strong before dropping down to weaker levels midday. The Fed cut bond buying by another $10 billion and kept interest rates unchanged. Thei...
Jun 18, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on Lender411's mortgage interest rate prediction daily poll.Mortgage bonds are treading on weak territory today ahead of the 2:00 PM ET Fed monetary policy statement. Higher than expected CPI inflation numbers are adding fuel to the expectations fire, the big question b...
Jun 18, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on Lender411's mortgage interest rate prediction daily poll.Mortgage bonds are at weaker levels today after inflation data came back high. May's Consumer Price Index (CPI) grew by 0.4% versus the 0.3% expected, thanks to higher costs for gas, electricity and food, m...
Jun 16, 2014
What will mortgage interest rates do tomorrow? Rates should go down, according to mortgage professionals voting on Lender411's mortgage interest rate prediction daily poll.Another reading for Q1 GDP came back much lower than the initial (2.0% as opposed to 2.8%) and contributed to mortgage bonds gaining ground into the day. This is despite solid Empire State Manufacturing data for June: 19.28, well above the expected 12.8. ...
Jun 13, 2014
What will mortgage interest rates do Monday? Rates should stay the same, according to mortgage professionals voting on Lender411's mortgage interest rate prediction daily poll.Mortgage bonds are in slightly weaker territory today and no market moving economic reports are due for release. Mortgage rates are up. Yesterday: Mortgage bonds were stronger after Retail Sales came...
Jun 12, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on Lender411's mortgage interest rate prediction daily poll.Mortgage bonds are stronger today after Retail Sales came back weaker than expected and Initial Jobless Claims increased in the latest week. Retail grew 0.3% in May, falling short of Wall Street's 0.6% proj...
Jun 11, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on Lender411's mortgage interest rate prediction daily poll.Mortgage bonds are stronger this morning than they have been all week, due in part to heavier than usual Fed purchasing. Mortgage rates are up. Total mortgage loan applicatio volume is up significan...
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