Monthly Archives: February 2014

RATES IMPROVE WITH LOWER CONSUMER CONFIDENCE LEVELS

RATES IMPROVE WITH LOWER CONSUMER CONFIDENCE LEVELS February 26th, 2014 Interest rates have been very skittish over the past few weeks. Last week the Mortgage Backed Security (MBS) market closed down – 22 bps. On Monday February 24th, the market was again selling lower pushing rates close to their highest levels in 3-4 weeks. At […]

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INTEREST RATES MOVE HIGHER

INTEREST RATES MAKE MOVE HIGHER February 18th, 2014 I hope everyone had a nice Valentine’s day and the day off for President’s day. After steadily improving for most of 2014, mortgage interest rates finally moved higher last week. The Mortgage Backed Security (MBS) market finished the week trading down -54 basis points, pushing 30 year […]

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INTEREST RATE PRICING STAYS IN NARROW RANGE

INTEREST RATE PRICING STAYS IN NARROW RANGE February 10th, 2014 Interest rate pricing was all over the place last week.  On Monday, interest rates hit their lowest levels in about 3 months.  Interest rates went higher the rest of the week until the January employment report was released on Friday.  For the third month straight, […]

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LOWEST INTEREST RATES IN OVER 2 MONTHS

LOWEST INTEREST RATES IN OVER 2 MONTHS February 3rd, 2014 Interest rates are on quite the hot streak with weakness in global equity markets causing investors to seek the safety of Mortgage Backed Securities. The DOW Jones is down over 5% on the year, and the MBS market has closed better each week in 2014. […]

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