ARCHIVED BLOG POSTS

2016 

Huge Home Buying Activity Despite stronger than expected housing data and a nice rally in the stock market, investors showed significant demand for bonds, including mortgage backed securities (MBS). As a result, prices for MBS improved, causing mortgage rates to end the week a little lower. The h...
05/28/2016
Shift in Outlook for Fed Policy Stronger than expected economic data and a shift in expectations for Fed policy were negative for mortgage rates over the past week. As a result, mortgage rates ended the week higher. Speeches made by Fed officials during the first part of the week alerted investor...
05/21/2016
Retail Sales Jump  The economic data released over the past week was generally better than expected. Strength was seen in retail sales, the labor market, and consumer sentiment. As a result, mortgage rates ended the week a little higher, but they remain near the best levels of the year at a 3.625...
05/14/2016
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