first time homebuyer loans in san diego: Mortgage Rate Update 8-8-13: Trends Projections & Today's Best Rates
- 08/08/13 12:07 AM
We begin the day on a good note, with the market currently up 19 basis points above yesterday's closing. Fingers crossed for more momentum in this direction as the day progresses! 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 over 2 years at www.JasonGordon.info whenever desired. To make things easier, I have also posted a quick report on … (0 comments)
first time homebuyer loans in san diego: Mortgage Rate Update 8-7-13: Trends Projections & Today's Best Rates
- 08/07/13 05:09 AM
With little news, it has been another quiet morning. The Dow is down 70 points. No economic data will be released today. Prices are on average +/- 0.125 today compared to yesterday's closing. 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 over 2 years at www.JasonGordon.info whenever desired. To make things easier, I have also posted a quick … (0 comments)
first time homebuyer loans in san diego: Mortgage Rate Update 8-5-13: Trends Projections & Today's Best Rates
- 08/05/13 02:44 AM
The ISM Services Index came in stronger than expected, hurting Mortgage Backed Securities. No further economic data will be released today. 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 over 2 years at www.JasonGordon.info whenever desired. To make things easier, I have also posted a quick report on How To Read The Charts Below. Also, make sure to … (0 comments)
first time homebuyer loans in san diego: Mortgage Rate Update 8-2-13: Trends Projections & Today's Best Rates
- 08/02/13 02:44 AM
The highly anticipated employment data was weaker than expected this morning. As a result, Mortgage Backed Security (MBS) prices jumped swiftly and erased much of yesterday's losses. The economy only added 162,000 jobs (well below the consensus of 180,000 jobs predicted). Unemployment figures have dropped to 7.4%. 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 over 2 years … (0 comments)
first time homebuyer loans in san diego: Mortgage Rate Update 7-31-13: Trends Projections & Today's Best Rates
- 07/31/13 02:53 AM
Stronger than expected economic data caused a decline in Mortgage Backed Securities (MBS) this morning, ahead of the Fed Announcements (which are due later today). Second Quarter GDP increased 1.7% (above the consensus prediction of 1.1%). The ADP estimate for July employment showed an increase of 200,000 private sector jobs (above the consensus forecast of 180,000). As a result, pricing is roughly 0.250 - 0.375 worse to points/credits for any given interest rate from where we closed yesterday. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at … (0 comments)
first time homebuyer loans in san diego: Mortgage Rate Update 7-30-13: Trends Projections & Today's Best Rates
- 07/30/13 01:16 AM
Mixed news this morning creates speculation over the direction interest rates will trend today. On a "good news for rates" perspective, Consumer Confidence has come in slightly lower than anticipated. On a "bad news for rates" perspective however, the Case Shiller Index numbers came in favorably. 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 over 2 years at … (0 comments)
first time homebuyer loans in san diego: Mortgage Rate Update 7-29-13: Trends Projections & Today's Best Rates
- 07/29/13 01:45 AM
The market has opened today with slight volatility due to the fact that Existing Hme Sales came in slightly more favorable than expected. 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 over 2 years at www.JasonGordon.info whenever desired. To make things easier, I have also posted a quick report on How To Read The Charts Below. Also, make … (0 comments)
first time homebuyer loans in san diego: Mortgage Rate Update 7-26-13: Trends Projections & Today's Best Rates
- 07/25/13 11:53 PM
Strong day for mortgage rates yesterday as the market closed up 25 basis points. We begin Friday with a slight positive uptick...with hopes of continuing in this direction! 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 over 2 years at www.JasonGordon.info whenever desired. To make things easier, I have also posted a quick report on How To Read … (1 comments)
first time homebuyer loans in san diego: 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)
first time homebuyer loans in san diego: Mortgage Rate Update 7-24-13: Trends Projections & Today's Best Rates
- 07/24/13 05:42 AM
Stronger than expected manufacturing data in Europe has hurt global bonds, including Mortgage Backed Securities (MBS) this morning. Favorable New Home Sales data pushed MBS even lower. As a result, pricing opened +/- 0.375 worse today. There will be a 5 Year Treasury Auction later this morning. 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 over 2 years … (0 comments)
first time homebuyer loans in san diego: Mortgage Rate Update 7-22-13: Trends Projections & Today's Best Rates
- 07/22/13 05:18 AM
Weaker than expected Existing Home Sales data has helped Mortgage Backed Securities (MBS) this morning. No further economic data will be released today. Mortgage pricing has slightly improved as a result. 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 over 2 years at www.JasonGordon.info whenever desired. To make things easier, I have also posted a quick report on … (0 comments)
first time homebuyer loans in san diego: 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)
first time homebuyer loans in san diego: Mortgage Rate Update 7-16-13: Trends Projections & Today's Best Rates
- 07/16/13 03:53 AM
Today's economic data (CPI, Core CPI, and Industrial Production) came in very close to expectations and had little impact on Mortgage Backed Security (MBS) pricing. Pricing opened today improved on average 0.125 - 0.250 (to points/credits) over yesterday's close. 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 over 2 years at www.JasonGordon.info whenever desired. To make things easier, … (0 comments)
first time homebuyer loans in san diego: Mortgage Rate Update 7-12-13: Trends Projections & Today's Best Rates
- 07/12/13 03:42 AM
Shifting sentiment about the Fed policy have continued to be a driving force for Mortgage Backed Security markets this morning. We are currently down (worse) 31 basis points on the day. 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 over 2 years at www.JasonGordon.info whenever desired. To make things easier, I have also posted a quick report on … (1 comments)
first time homebuyer loans in san diego: Mortgage Rate Update 7-11-13: Trends Projections & Today's Best Rates
- 07/11/13 02:01 AM
Yet another volatile day yesterday (stop me if you've heard this before). In both anticipation of, and reaction to the Fed Meeting (FOMC), we lost upwards of 70 basis points before sharply making up ground near the final bell. The end result was a 31 basis point worsening to pricing. Thus far today, we have lost an additional 25 bps. 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 … (0 comments)
first time homebuyer loans in san diego: Mortgage Rate Update 7-10-13: Trends Projections & Today's Best Rates
- 07/10/13 02:49 AM
In anticipation of today's Fed Meeting, we are currently down 37 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 over 2 years at www.JasonGordon.info whenever desired. To make things easier, I have also posted a quick report on How To Read The Charts Below. Also, make sure to learn THE TOP 10 THINGS TO KNOW ABOUT … (0 comments)
first time homebuyer loans in san diego: Mortgage Rate Update 7-9-13: Trends Projections & Today's Best Rates
- 07/09/13 01:43 AM
All the information about Mortgage Rates you will need all wrapped up into one convenient daily report. On the heals of Friday's debacle, we had a nice bounce back day yesterday with a 50 basis point improvement. We begin Tuesday in positive territory, but remain cautious on locking short term. Pricing is expected to improve by roughly 0.125 - 0.250 to points/credits with most Lenders as the market opens today. 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 … (0 comments)
first time homebuyer loans in san diego: Mortgage Rate Update 7-8-13: Trends Projections & Today's Best Rates
- 07/08/13 12:53 AM
While most of the market was enjoying a 4 day weekend, we "quietly" had quite the devastating day for rates on Friday. Immediately after the promising numbers of the jobs report were unveiled, we opened 127 basis points worse than Wednesday's closing. As the short market day progressed, we lost an additional 72 basis points. In early trading today, we are beginning to make up some ground, but we have far to go! 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 … (3 comments)
first time homebuyer loans in san diego: Mortgage Rate Update 7-1-13: Trends Projections & Today's Best Rates
- 07/01/13 01:07 AM
In fear of cursing it, I am hesitant to acknowledge a recent turnaround in the interest rate trends. Friday finished with a strong 31 basis point improvement, and thus far, we are up an additional 28 bps. We still have a long way to go in order to erase the losses of last month (but this is a good start). 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 … (0 comments)
first time homebuyer loans in san diego: Mortgage Rate Update 6-28-13: Trends Projections & Today's Best Rates
- 06/28/13 05:05 AM
Mortgage Backed Security (MBS) prices began today's session near yesterday's closing levels, but a quick burst of selling sent MBS sharply lower. It has been a volatile session throughout the day thus far. Consumer Sentiment also came in above expectations. 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. To make things … (2 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
We begin the day on a good note, with the market currently up 19 basis points above yesterday's closing. Fingers crossed for more momentum in this direction as the day progresses!
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