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Category Archives: Weekly Review
What’s Ahead For Mortgage Rates This Week : December 13, 2010
Mortgage markets worsened last week as the U.S. economy showed additional signs of strength; and global demand for mortgage bonds slipped. Conforming mortgage rates rose for the fifth straight week. Continue reading
What’s Ahead For Mortgage Rates This Week : December 6, 2010
After a spectacular run that drew 30-year fixed rates to near 4.00, mortgage rates have returned to their highest levels since late-June. Continue reading
What’s Ahead For Mortgage Rates This Week : November 29, 2010
In a holiday-shortened week on Wall Street, mortgage markets improved on 3 of 4 days, but still posted its fourth consecutive losing week. Continue reading
What’s Ahead For Mortgage Rates This Week : November 22, 2010
The 7-month rally in rates may be nearing its end. The 30-year fixed rate mortgage is at a 4-month high after reaching an all-time low just 3 weeks ago. Continue reading
What’s Ahead For Mortgage Rates This Week : November 15, 2010
Last week marked the first sizable mortgage rate increase over the course of 7 days since April. Continue reading
What’s Ahead For Mortgage Rates This Week : November 8, 2010
Huge gains and losses characterized day-to-day trading last week. Overall, however, conforming mortgage rates improved. Continue reading
What’s Ahead For Mortgage Rates This Week : November 1, 2010
All things considered, it’s dangerous to float a mortgage rate this week. If you’re not already locked, talk to your loan officer prior to Wednesday afternoon. Continue reading
What’s Ahead For Mortgage Rates This Week : October 25, 2010
The dollar was strong in the first part of last week, then weakened through Friday’s close with the G-20 meeting looming. Mortgage rates trended along similar lines. Continue reading
What’s Ahead For Mortgage Rates This Week : October 18, 2010
The United States is experiencing a Refi Boom. As compared to 6 months ago, a new, $200,000 home loan costs $124 less per month in principal + interest. Continue reading
What’s Ahead For Mortgage Rates This Week : October 12, 2010
This week, there’s a number of releases that should keep mortgage rates on the move — up and down — including Fed Minutes (Tuesday), Producer Price Index (Thursday), and Consumer Price Index, Retail Sales and a confidence survey (Friday). Continue reading