va: Mortgage Rate Update 7-25-13: Trends Projections & Today's Best Rates
- 07/25/13 03:28 AM
Durable Orders were stronger than expected this morning, while Jobless Claims came in very close to the consensus. Mortgage Backed Securities (MBS) opened low and moved lower after the news, but have since returned close to opening levels? There will be a 7 year treasury auction later this morning. Prices are on average 0.250 worse compared to yesterday, depending on rate and product. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. … (0 comments)
va: Mortgage Rate Update 7-19-13: Trends Projections & Today's Best Rates
- 07/19/13 12:15 AM
We closed yesterday down 25 basis points (bps). For those of you unclear what this means, essentially any particular interest rate that was available at 0 points when the market opened yesterday would likely be available at a cost of 0.25 point yesterday afternoon. For example, on a $400,000 loan amount, a 25 bps worsening would increase the cost of that particular interest rate by $1000 ($400,000 x 0.25 = $1000). The market is slightly up in early morning trading today. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where … (2 comments)
va: Mortgage Rate Update 6-4-13: Trends Projections & Today's Best Rates
- 06/04/13 02:15 AM
The bizarre activity of the past few weeks continued yesterday with another rollercoaster ride for interest rates. The morning opened terrible, dramatically improved, then managed to end up nearly where it began when all of the smoke cleared. All eyes will be on the employment numbers this week to help determine which direction we can expect to trend moving forward. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to … (2 comments)
va: Mortgage Rate Update 1-9-13: Trends Projections & Today's Best Rates
- 01/08/13 10:16 PM
Tuesday closed with a modest gain of 6 basis points. Industry Analysts remain conflicted in their predictions of where mortgage rates will end up in the short term. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back nearly 2 years at www.JasonGordon.info whenever desired. Also, make sure to learn about THE TRUTH BEHIND MORTGAGE QUOTES to better understand the … (0 comments)
va: Mortgage Rate Update 11-27-12: Trends Projections & Today's Best Rates
- 11/26/12 11:47 PM
Yesterday's trading kept rates in positive territory throughout the day, ending with a 12 basis point improvement. Although today has opened flat, there is a strong chance of losing yesterday's gains as the news of the bailout for Greece appears to be poised to solve some of their immediate issues (although the long term prognosis is bleak). This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library … (0 comments)
va: Mortgage Rate Update 11-8-12: Trends Projections & Today's Best Rates
- 11/08/12 06:14 AM
The ripple effects of Tuesday's election continue to impact mortgage rates. Thus far today, we have seen a strong improvement of 39 basis points. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back nearly 2 years at www.JasonGordon.info whenever desired. Also, make sure to learn about THE TRUTH BEHIND MORTGAGE QUOTES to better understand the relationship between up-front closing … (0 comments)
va: Mortgage Rate Update 11-2-12: Trends Projections & Today's Best Rates
- 11/02/12 03:21 AM
The market has opened today with a strong start. We are currently up 33 basis points! This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back nearly 2 years at www.JasonGordon.info whenever desired. Also, make sure to learn about THE TRUTH BEHIND MORTGAGE QUOTES to better understand the relationship between up-front closing costs and mortgage interest rates so you don't … (0 comments)
va: Mortgage Rate Update 10-30-12: Trends Projections & Today's Best Rates
- 10/30/12 12:58 AM
The stock market will be closed again today in the wake of Hurricane Sandy (and it's proximity to the actual trading floor). Tentative plans are to re-open trading tomorrow...weather permitting. In the meantime, mortgage rates remain constant...and remarkably attractive! This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back nearly 2 years at www.JasonGordon.info whenever desired. Also, make sure to … (1 comments)
va: Mortgage Rate Update 10-10-12: Trends Projections & Today's Best Rates
- 10/09/12 11:41 PM
The numbers do not look favorable initially as the market has opened. There was a Mortgage Backed Security (MBS) monthly coupon rollover after the close of trading yesterday which had a net effect of -23.78 basis points. As with all rollover coupons, take the chart patterns below with a grain of salt. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates … (0 comments)
va: Mortgage Rate Update 9-4-12: Trends Projections & Todays Lowest Rates
- 09/04/12 01:28 AM
What a great way to end the week as the Labor Day holiday weekend began on the heals of a 48 basis point improvement! We are off to a strong start again today. Might want to hold off on locking until we see if this trend continues! This daily report is provided to you each day as a resource to provide transparency to what is really happening with mortgage rates. Feel free to browse the library and research historical rate updates dating back nearly 2 years at www.JasonGordon.info whenever desired. Also, make sure to learn about THE TRUTH BEHIND MORTGAGE QUOTES … (0 comments)
va: Mortgage Rate Update 8-29-12: Trends Projections & Todays Lowest Rates
- 08/29/12 05:31 AM
For the second day in a row, interest rates have begun to creep back up. Currently, we are up 12 basis points for the day. Too much further momentum in this direction will likely trigger mid-day rate increases for many Lenders across the country. This daily report is provided to you each day as a resource to provide transparency to what is really happening with mortgage rates. Feel free to browse the library and research historical rate updates dating back nearly 2 years at www.JasonGordon.info whenever desired. Also, make sure to learn about THE TRUTH BEHIND MORTGAGE QUOTES to better understand … (0 comments)
va: Mortgage Rate Update 8-24-12: Trends Projections & Todays Lowest Rates
- 08/24/12 01:38 AM
Should you lock in mortgage rates today? This week's rally took a turn for the worse yesterday afternoon, only to continue this morning. Today might be a great day to lock-in rates for short term financing now that we have gained back some of last week's losses. Did you know you have a free resource to research interest rates each day? You can even access a chronological database of these reports at www.JasonGordon.info whenever desired. Also, make sure to learn about THE TRUTH BEHIND MORTGAGE QUOTES to better understand the relationship between up-front closing costs and mortgage interest rates so you … (2 comments)
va: Mortgage Rate Update 8-23-12: Trends Projections & Todays Lowest Rates
- 08/23/12 01:08 AM
Yesterday was a banner day for mortgage rates (in favor of the Consumers). We had a whopping 49 basis point improvement which caused the market to repeatedly re-price mortgage rates for the better! We have already opened today with additional improvements. Did you, or someone you know "panic lock" last week? If so, you might have better options today to re-lock. You can access a chronological database of these reports at www.JasonGordon.info whenever desired. Also, make sure to learn about THE TRUTH BEHIND MORTGAGE QUOTES to better understand the relationship between up-front closing costs and mortgage interest rates so you don't … (1 comments)
va: Mortgage Rate Update 8-22-12: Trends Projections & Todays Lowest Rates
- 08/22/12 01:54 AM
Fingers crossed...have we turned the corner on this recent mortgage rate spike? Today the market opened 34 basis points higher than yesterday evening's close. Since then we have gained another 9 bps! Look no further than the charts below to familiarize yourself with how rapidly interest rates can change. Armed with this knowledge, ask yourself how pre-recorded radio & television commercials can accurately reflect CURRENT rates. You can access a chronological database of these reports at www.JasonGordon.info whenever desired. Also, make sure to learn about THE TRUTH BEHIND MORTGAGE QUOTES to better understand the relationship between up-front closing costs and mortgage … (1 comments)
va: Mortgage Rate Update 8-21-12: Trends, Projections & Today's Best Rates
- 08/21/12 12:55 AM
Yesterday was the 2nd bounce-back day in a row for mortgage rates after a tough week. Thus far this morning, we are resting at the PAR level despite some turbulent activity early. Who do you know who is shopping for a mortgage? Are they relying on a catchy slogan from a radio or television advertisement to choose which company to work with for their biggest debt? Feel free to help them out and share this free daily report. You can access a chronological database of these reports at www.JasonGordon.info whenever desired. Also, make sure to learn about THE TRUTH BEHIND MORTGAGE … (0 comments)
va: Mortgage Rate Update 8-20-12: Trends Projections & Todays Lowest Rates
- 08/20/12 01:36 AM
Hopefully Friday's trend reversal was the beginning of a series of mortgage rate improvements. Rates are improving again this morning, but will need to make a pretty strong run in order to make up for the recent spike. When shopping for a mortgage, make sure to arm yourself with the facts about where interest rates are on any given day by reading this free report. You can access a chronological database of these reports at www.JasonGordon.info whenever desired. Also, make sure to learn about THE TRUTH BEHIND MORTGAGE QUOTES to better understand the relationship between up-front closing costs and mortgage interest … (1 comments)
va: Mortgage Rate Update 8-14-12: Trends Projections & Todays Lowest Rates
- 08/15/12 10:17 AM
Interest rates are quietly sneaking back up over the past few days (as evidenced by all of the red on the charts below). Have we officially bottomed out? That said, mortgage rates are still hovering at historic lows, which has allowed more purchasing power for Home Buyers. The result has been multiple offers on the majority of listings, which is beginning to drive up home prices in many areas of Southern California. So if interest rates have bottomed out, and purchase prices are beginning to creep up, NOW would be the time to make your next home purchase! If you or … (0 comments)
va: Mortgage Rate Update 8-2-12: Trends Projections & Todays Lowest Rates
- 08/02/12 12:16 AM
Do you know someone who is currently applying for a mortgage loan and looking for the lowest mortgage rates? By forwarding this article, you will be doing them a huge favor! Finally a free daily report that offers complete transparency regarding mortgage rates by showing the actual market activity which influences the direction of mortgage rates. All Real Estate Professionals & Consumers are advised to stay informed about interest rates and learn THE TRUTH BEHIND MORTGAGE QUOTES to insure the best financial decisions are being made without the distraction of marketing gimmicks. Whether you're a newbee, market analyst (or somewhere in … (0 comments)
va: Mortgage Rate Update 8-1-12: Trends Projections & Todays Lowest Rates
- 07/31/12 11:23 PM
Do you know someone who is currently applying for a mortgage loan and looking for the lowest mortgage rates? By forwarding this article, you will be doing them a huge favor! Finally a free daily report which offers complete transparency regarding mortgage rates by showing the actual market activity which influences the direction of mortgage rates. All Real Estate Professionals & Consumers are advised to stay informed about interest rates and learn THE TRUTH BEHIND MORTGAGE QUOTES to insure the best financial decisions are being made without the distraction of marketing gimmicks. Whether you're a newbee, market analyst (or somewhere in … (0 comments)
va: Mortgage Rate Update 7-31-12: Trends Projections & Todays Lowest Rates
- 07/31/12 12:04 AM
Do you know someone who is currently applying for a mortgage loan and looking for the lowest mortgage rates? By forwarding this article, you will be doing them a huge favor! Finally a free daily report which offers complete transparency regarding mortgage rates by showing the actual market activity which influences the direction of mortgage rates. All Real Estate Professionals & Consumers are advised to stay informed about interest rates and learn THE TRUTH BEHIND MORTGAGE QUOTES to insure the best financial decisions are being made without the distraction of marketing gimmicks. Whether you're a newbee, market analyst (or somewhere in … (1 comments)
Author Bio: Jason Gordon is a Residential Mortgage Specialist in San Diego, CA. He combines ethics, education, and experience while helping Homebuyers and Homeowners to achieve their financial goals.View all AR Posts By Jason Gordon
Durable Orders were stronger than expected this morning, while Jobless Claims came in very close to the consensus. Mortgage Backed Securities (MBS) opened low and moved lower after the news, but have since returned close to opening levels? There will be a 7 year treasury auction later this morning. Prices are on average 0.250 worse compared to yesterday, depending on rate and product.
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