Monthly Archives: February 2012

MORTGAGE RATES LOWER SLIGHTLY , 30 YEAR FIXED AT 3.875%

MORTGAGE RATES LOWER SLIGHTLY  /  30 YEAR FIXED AT 3.875% February 27th, 2012 The MBS Market closed last week trading up (+12 bps).   Rates pulled down slightly after moving up the past couple weeks. The DOW Jones moved over 13,000 and the stock market has sustained a rally that has the stock market at their […]

Read More

MORTGAGE RATES SLOWLY RISING FROM RECORD LOWS / COULD PUSH LOWER THIS WEEK.

MORTGAGE RATES SLOWLY RISING FROM RECORD LOWS  /  COULD PUSH LOWER THIS WEEK. February 20th, 2012 The MBS Market closed last week trading down (- 13 bps).   Rates continue to slowly inch higher with increased optimism towards the economy and the recent rally in the stock markets. The stock market is at a 9 month […]

Read More

30 YEAR FIXED AT 3.75% / WHAT DOES THE U.S. 25 BILLION BANK SETTLEMENT MEAN TO ME?

TODAY’S MORTGAGE RATES:  February 13th, 2012 The MBS Market closed last week trading down (- 31 bps).   Mortgage rates haven’t seen much positive momentum since they hit their all time lows 2 weeks ago.  Pricing has slowly risen since then, as is typical when a very low rate/pricing is reached. The lowest rate pricing usually […]

Read More

MORTGAGE RATES REMAIN STABLE – 30 YEAR FIXED AT 3.75%

MORTGAGE RATES REMAIN STABLE – 30 YEAR FIXED AT 3.75% February 6th, 2012 The MBS Market closed last week trading up (+ 3 bps).   Rates were better for the majority of the week, but a large stock rally and MBS market downward trend caused rates to pull back on Friday.  Overall, mortgage rates are a […]

Read More