rates: Mortgage Rates and What May Move Them This Week: July 18, 2011 - 07/19/11 11:17 AM
Sorry this is a day late, but better late than never!
Last week was a good one with fannies gaining 23/32nds for the week, marking 2 big weeks in a row wiping out the losses of a few weeks ago bringing rates back near the lows for the year.. so we … (0 comments)
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rates: Mortgage Rates and What May Move Them This Week: June 27, 2011 - 06/27/11 01:33 PM
Last week was a good one for rates with Fannies gaining 18/32ndsfor the week. That should set us up again for yet another low for the year, even with the ground we lost the previous week. At last week's FOMC meeting the Fed reduced growth forecasts, and troubles in Greece continued … (4 comments)
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rates: Mortgage Rates and What May Move Them This Week: June 6, 2011 - 06/06/11 12:45 PM
Last week was the 8th week in a row of improving Mortgage Rates with fannies gaining another 9/32nds for the week we now have Mid 4's available for many buyers. We are now within spitting distance of the all time lows we saw last fall. The bad news here is that … (0 comments)
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rates: Mortgage Rates, and What May Move Them This Week: May 23, 2011 - 05/23/11 03:57 PM
Last week was the 6th straight week of improving rates with Fannies gaining 4/32nds by time the markets closed on Friday... Teeny little gain, yes, but a pretty solid week of positive trading. All together this recent drop has not only taken us to levels we have not seen since … (2 comments)
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rates: Mortgage Rates and What May Move Them This Week: May 9, 2011 - 05/09/11 04:07 PM
Last week was the fourth week in a row of improving interest rates. By the end of the day on Friday we had Fannies trading up 19/32nds for the week, with every day a positive one. We even managed a small gain on Friday with the employment report showing a much … (2 comments)
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rates: Mortgage Rates and What May Move Them This Week: April 18, 2011 - 04/18/11 03:20 PM
The past few weeks have had their share of fun! We are living in such a global environment: The flight to quality appears to be over, 2 weeks ago interest rate hikes in Europe and China sent a wave of fear in our markets withinvestors thinking the Fed would need … (0 comments)
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rates: Mortgage Rates and What May Move Them This Week: April 11, 2011 - 04/11/11 01:21 PM
Last week was the third week in a row of steadily climbing rates. Fannies lost 14/32ndsfor the week. This steady trend up seems to indicate that the world issues are no longer flowing funds into our credit markets in the same fashion we saw a while back. Considering the rebound in … (1 comments)
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rates: Mortgage Rates and What May Move Them This Week: March 28, 2011 - 03/28/11 04:46 PM
In last week's Tug-O-War, Stocks won and the credit markets lost. By the end of the day on Friday Fannies lost 22/32nds for the week, the biggest lost since February 11th. Of course as a trade off we have the Dow WELL over $12,000 again.... and if you have been … (3 comments)
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rates: Mortgage Rates and What May Move Them This Week: March 21, 2011 - 03/21/11 05:02 PM
Last week gave us a little more improvement in rates with Fannies gaining about 18/32ndsfor the week we are firmly below 5% for many buyers shopping for a 30yr fixed rate mortgage. Today the marked did try to give much of that back as stocks were rallying all day and … (5 comments)
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rates: Mortgage Rates and What May Move Them This Week: March 14, 2011 - 03/14/11 01:56 PM
After a bouncy ride last week we ended up the week UNCHANGED. That's right, absolutely no difference in price of Fannies from the close the previous week, That doesn't mean it sat flat all week, Tuesday was pretty ugly, but Wednesday and Thursday had great results for the 10yr and … (0 comments)
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rates: Mortgage Rates and What May Move Them This Week, February 28, 2011 - 03/01/11 04:47 PM
Interest rates took a big dip down over the past 2 weeks, last week Fannies gained almost a full point which has us below 5% again for well qualified buyers. Most of the move we have seen is due to the flight to quality because of Libya and Egypt. World … (2 comments)
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rates: Mortgage Rates and What May Move Them This Week: February 7, 2011 - 02/07/11 03:58 PM
Last week was one of the uglier weeks we have seen in the mortgage world, There wasn't just one bad day, every day was a bad one totaling up to a 49/32nd loss in Fannies for the week, and a significant uptick in rates. This would be the second biggest … (3 comments)
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rates: Interest rates BOUNCE off their lows. - 11/16/10 03:22 PM
Let's put it this way, if you drop a rubber ball off of a tall building it will build speed until it bounces, and the farther it falls, the bigger the bounce!
Interest rates took a pretty big jump up in the past week after hitting all time lows a … (10 comments)
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rates: Mortgage Rates and What May Move Them This Week: June 14, 2010 - 06/14/10 05:34 PM
Last week was a bumpy ride that ended the week with a loss of 6/32nds by the end of the week, That doesn't sound bad, but we had a blood bath of a loss on Thursday that ate up a few "ok" days and added to the indigestion. At the … (4 comments)
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rates: Mortgage Rates and What Will Move them This Week: May 24, 2010 - 05/24/10 01:58 PM
Last week was another solid week for mortgages bringing rates down yet again to levels we may never see again in our life times. Fannies closed the week with a gain of 17/32nds which currently allows us to lend to highly qualified buyers at rates below 5% for a 30 … (7 comments)
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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)
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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)
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rates: Interest rate Roller Coaster - 02/22/08 10:54 AM
What a Crazy month!
in the past 30 days we have had one of the most confused interest rate environments I have seen in the past 20 years. About 4 weeks ago we bottomed out at levels we have not seen since July of 2003... Keep in mind that 2003 was a … (1 comments)
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