mortgage rates: Mortgage Rates and what might move them: This weeks Economic Calendar November 9, 2009 - 11/09/09 02:00 PM
 
 Last week ended up being a pretty flat week with a few bounces along the way.  The highlight of the week was Fridays Employment report that was quite a bit worse than expected. It did not cause a big improvement as one would have thought, it really only served to … (1 comments)

mortgage rates: What's Happening with Mortgage Rates? This weeks Economic Calendar - 11/02/09 04:59 PM
 
Last week had its share of fairly large up and downs, but ultimately we ended up with a pretty decent gain for the week with Fannies trading up 19/32nds by the close on Friday... That translates to a noticeable improvement in Mortgage rates last week (but some bumps and bruises … (5 comments)

mortgage rates: Weekly Mortgage Calendar: Economic Forecast and what may move rates this week - 10/26/09 02:08 PM
 
The last 3 weeks have not been good ones for the Mortgage world. Last week was a crazy up and down week that ended up only slightly negative by the close on Friday, but bumpy enough along the way that it left many feeling queasy. almost every day last week … (3 comments)

mortgage rates: Economic Calendar: What may move Mortgage Rates this week? 10/13/2009 - 10/13/09 01:56 PM
 
I don't even want to talk about last week, but I guess I need to.Friday was a horrific day in the credit markets and fannies lost 29/32nds by the close of business. That was a total loss of 26/32nds for the week. that may not sound like much, but that … (3 comments)

mortgage rates: Economic Forecast: What might move Mortgage rates this Week? - 09/28/09 04:45 PM
 Whats happening to Mortgage Rates this week?
Last week was an overwhelmingly "happy" week for mortgages after an unchanged day on Monday we ended up with a gain of 29/32nds in Fannies by time the closing bell rang on Friday. This is mostly because word leaked out that The Fed stimulus will … (6 comments)

mortgage rates: Mortgage Rate Direction for this week 9/21/09: Economic Calendar - 09/21/09 12:22 PM
What will influence Mortgage Rates this week?
Well Last week was a mixed bag off confused numbers. Most numbers were stronger than expected and some were weaker. Over all there was only one Good day for mortgages last week, that was Thursday, But unfortunately Friday wiped out every bit of Thursday's … (2 comments)

mortgage rates: What will move Mortgage Rates? This weeks Economic Calendar 9/14/09 - 09/14/09 11:49 AM
 
Last week was the 6th straight week of modest gains we have seen in Mortgage backed securities. Unfortunately we had a bit of a sell off Friday Afternoon that wiped out a really nice gain for the day, but overall the week still ended up with Fannie Prices UP 8/32nds. … (7 comments)

mortgage rates: Mid week Rate update: WOW, What a great 4 or 5 weeks for Mortgage Rates - 09/10/09 03:20 PM
 Mortgage Rates Are Back Near Historic Lows!
 I have been tracking the ups and downs as Fannies are trading for quite some time now, and since the initial uptick this spring we have had a flat market. Don't get me wrong, there have been some crazy days with big swings and … (10 comments)

mortgage rates: Economic Calendar: What's happening with Mortgage rates this week, September 8, 2009 - 09/08/09 01:05 PM
 
Where will Mortgage Rates be this week?
 I cant believe that summer is over. Where did this year go?  Well The kids are back in school, and we still have work to do!  Last week ended up slightly positive. We had a bit of a sell off towards the end … (2 comments)

mortgage rates: Economic Calendar: What May Move Mortgage Rates this week 8/31/2009 - 08/31/09 04:05 PM
 This weeks Mortgage Rate Movers
Lets re-cap last week before we dig into this week: Mostly because it was a great one for interest rates. Even with some mixed signals we squeaked out a 15/32nd gain on Fannies last week which translates into a nice improvement on a rate sheet. This … (3 comments)

mortgage rates: Economic Calendar: What may move Mortgage Rates this week 8/24/09 - 08/24/09 11:58 AM
Mortgage Interest Rates, and the events on the calendar that may move them
This week has a little bit of everything to keep the markets entertained: From Auctions to they typical monthly data keeping things moving.
Last week ended up a mixed bag with some nice UP days and some not … (4 comments)

mortgage rates: Interest Rate History for 20 years and 200 years, pretty color charts and all. - 08/18/09 09:59 AM
 
Below are 2 charts showing a LONG history of interest rates. 
The most recent history shows the past 20 years with an average interest rate on a 30 year fixed of 7.47%. The average over the past 40 years is 9.47%. The second chart is the 200 year history of … (10 comments)

mortgage rates: Economic Calendar: What may move Mortgage Rates this week 8/17/09 - 08/17/09 02:02 PM
 
 First lets take a quick look at last week: Last week ended up being a GREAT week for mortgages with only 1 negative day, but overall a gain of 25/32nds in price in Fannie 30years. That translates into a nice improvement on rate sheets!  What is amazing about this is … (4 comments)

mortgage rates: Economic Calendar: Whats going on with Mortgage rates this week? 8/10/2009 - 08/10/09 11:54 AM
 Last week was not a friendly one for interest rates. Every day last week was a loss for the market all together Fannie 30 yrs lost 40/32nds by the end of the week which is pretty ugly on a rate sheet.  There was a bright spot. On Friday the employment data … (6 comments)

mortgage rates: Friday's employment rate released, Better than expected - 08/07/09 08:39 AM
 
 With a stronger than expected employment report, what happens to rates?
July employment report with Non farm payroll was expected -340,000, Jobless rate up to 9.7% and average hourly earnings +0.1%. was released at 8:30am and it was much stronger than expected with only 247,000 jobs lost and the actually jobless rate dropped … (5 comments)

mortgage rates: Mortgage Rates and The Biggie of the Week to watch Friday Morning. - 08/06/09 07:37 PM
 
 Well, the Biggie of the week is only 12 hours away, 8:30 AM the employment data is release for an anxious market, over all this week has been a slightly negative one for interest rates with a few surprises and a lot of anxiety awaiting tomorrow's report.
So, Fasten your … (4 comments)

mortgage rates: Economic Calendar and What will move Mortgage Rates August 3, 2009 - 08/03/09 05:38 PM
 
I spent the better part of today working on getting a difficult deal worked out, PRIOR to taking the application. I will never just toss something against the wall... Multiple jobs, just out of school, dealing with all part time income and high ratios all makes for a mess if … (3 comments)

mortgage rates: Economic forecast and this week's "biggies" that Move Mortgage rates - 07/30/09 01:34 PM
 
Well, if you read any of my Monday economic calendar updates you will know that I typically point out the biggies of the week. Well this week the biggies are gone and buried.
The 5 year and 7 year auctions are over and the market is pretty happy about it.
(5 comments)

mortgage rates: Economic Calendar, What's Happening with Mortgage Rates this week, 7/27/09 - 07/27/09 02:57 PM
 
 If you took a look at last Friday's postyou will see an example of an Unchanged week that was all over the map on a daily basis. We had some bright spots and some dark scary spots last week but literally ended up absolutely even on Fannies from Close of … (6 comments)

mortgage rates: Mortgage Rates, In a snapshot: Week ending July 24, 2009 - 07/24/09 04:29 PM
 What moved rates? Why did they move? and, How did we end up where we are today?
From time to time we have bouncy weeks that will have big swings in rates on a daily to almost hourly basis, This week was one of them. It was entirely possible to call … (7 comments)

 
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Robert Rauf

Toms River, NJ

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REMN The Real Estate Mortgage Network

Address: 2520 Hwy 35 Suite 207, Manasquan, NJ , 08736

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