Mortgage News
May 09, 2014
What will mortgage interest rates do Monday? Rates should stay the same, according to mortgage professionals voting on Lender411's daily poll.Mortgage bonds are in weaker territory today, and with little market moving data to influence trading, investors are keep their eyes on one another. Mortgage rates are up. Yesterday: Mortgage rates were down thanks to some major gain...
May 08, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on Lender411's daily poll.Mortgage rates are down thanks to some major gains in mortgage bonds after European Central Bank announcements pointed to hesitation this morning, and then most notably from Fed Chairwoman Janet Yellen who said that for Quantitative Easing to ce...
May 07, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on Lender411's daily poll.A disappointing first reading of Q1 Productivity (down 1.7%) and increased labor costs are contributing to stronger mortgage bonds today.In better news, mortgage applications were up 5.3% in the latest week, according to the Mortgage Bank...
May 06, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on Lender411's daily poll.An uneventful economic calendar once again leaves investors to watch the headlines. Mortgage bonds are back to unchanged levels from their highs yesterday, which were partly due to unsettling Ukraine updates hitting the newswires. Al...
May 05, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on Lender411's daily poll.An uneventful economic calendar once again leaves investors to watch the headlines. Mortgage bonds are in positive territory today, partly due to unsettling Ukraine updates hitting the newswires. Pro-Russia militants are battling with Ukraine in...
May 02, 2014
What will mortgage interest rates do Monday? Rates should stay the same, according to mortgage professionals voting on Lender411's daily poll.Employment came back with positive numbers this morning - 288K jobs were added in April, well below the projected 218K. Revised data from February and March revealed gains as well. Unemployment is sitting pretty at 6.3%, prettier than the 6.7% re...
May 01, 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 didn't move much this morning thanks to another economic bag of tricks:Weekly Initial Jobless Claims jumped to 344K, up 14K and above the 315K expected. This marks a high since February. However, Personal Spending leapt...
Apr 30, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on Lender411's daily poll.Bonds remained strong this morning despite disappointing news from 2014's first GDP reading, a measly 0.1% and a whopping 0.9% below the expected. Adding to the tumult was happy news from ADP, who reported 220K jobs were added in April, a hi...
Apr 29, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on Lender411's daily poll.This morning, bonds were bolstered by slowing year-over-year gains from the February Case-Shiller 20-city Index, which was released at 12.9%. Just below the 13% expected for February, the 20-city index is down from the 13.2% year-over-year impr...
Apr 28, 2014
What will mortgage interest rates do tomorrow? Rates should stay the same, according to mortgage professionals voting on Lender411's daily poll.Higher than expected Pending Home Sales data pushed mortgages bonds into weaker territory this morning. Keep an eye on rates, which now have upward pressures. For market movers this busier week, look out for Case Shiller tomorrow at...
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