Mortgage News
May 27, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on Lender411's daily poll.The holiday weekend and mixed economic data are contributing to unchanged mortgage bonds levels. Durable Goods rose in April, thanks to spikes in military hardware orders. Consumer Confidence is up as well, rising to 83 from the 81.7 recorded f...
May 22, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on Lender411's daily poll.Weekly Initial Jobless claims came back ugly with 28K over the 305K expected. Mortgage bonds experienced gains into the morning. Yesterday: Fannie Mae's Economic and Housing Outlook for May 2014 wasn't so bright either. The ...
May 21, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on Lender411's daily poll.Mortgage bonds are lower today, but keep an eye on the market as the FOMC meeting minutes from April 30 are announced - 2:00 PM ET.Bookmark this page for daily mortgage interest rates and market updates.30 year (FRM) rates at...
May 20, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on Lender411's daily poll.After a weak morning, mortgage bonds are in positive territory and ahead of treasuries into the afternoon ET. Keep an eye out for New and Existing Home Sales data, due out this week. Bookmark this page for daily mortgage interest ra...
May 19, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on Lender411's daily poll.Mortgage bonds are up amidst weak stocks. This week's economic calendar is not as strong as last, with Initial Jobless claims and Existing and New Home Sales coming up but not being huge market movers. Bookmark this page for dai...
May 16, 2014
What will mortgage interest rates do Monday? Rates should go up, according to mortgage professionals voting on Lender411's daily poll.Housing Starts data out today shows a 13.2% rise in April; Building Permits are up 8%. These numbers are not enough to move mortgage bonds, however, which are mostly sideways. Yesterday: Filings for unemployment benefits dropped to levels we...
May 15, 2014
What will mortgage interest rates do tomorrow? Rates should go up, according to mortgage professionals voting on Lender411's daily poll.Economic data out today is strong, but so are mortgage bonds, leaving some scratching their heads.The Labor Department reported this morning that the Consumer Price Index (CPI) posted its biggest gain in April since last summer - a 0.3% jump and...
May 14, 2014
What will mortgage interest rates do tomorrow? Rates should go down, according to mortgage professionals voting on Lender411's daily poll.Little market moving data out today, except in Producer Pricing, which saw big gains in April. The increase of 0.6% was the largest in 1.5 years and a possible omen for inflation.Up next?: Tomorrow is heavy with Consumer Prices, NAHB Housing, ...
May 13, 2014
What will mortgage interest rates do tomorrow? Rates should go down, according to mortgage professionals voting on Lender411's daily poll.A truly unimpressive 0.1% rise in retail sales (compare to the expected 0.3%) has mortgage bond prices pushing into positive territory and breaking from three-day lows. Home appreciation is slowing - old news - and while Case-Shiller veri...
May 12, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on Lender411's daily poll.Mortgage bonds drifted lower this morning as stocks pushed into strong territory. A week full of market moving economic data and still shaky Ukraine headlines may see big pushes in either direction. Retail sales and Mortgage Market ...
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