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WEEKLY RATE – Rates Match Lowest Rates Ever, Then Move Up a Bit

WEEKLY RATE – Rates Match Lowest Rates Ever, Then Move Up a Bit July 2016 Brexit caused the stock market to go way down and interest rates to improve dramatically with investors selling stocks and seeking the safety of bonds. As is often the case, the market over reacted and the stock market eventually rebounded.  […]

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WEEKLY RATE – Rates Improve after FED statement, Lowest Rates in Over 3 Years

WEEKLY RATE – Rates Improve after FED statement, Lowest Rates in Over 3 Years June 2016 Interest rates continued to improve with momentum from the lower than expected job report and the FED statement on Wednesday. The FED’s Federal Open Market Committee (FOMC) will not raise rates and downgraded growth forecasts.  Now it looks as […]

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WEEKLY RATE – Rates Rise, Most Expect the FED to Raise Rates In June or July

WEEKLY RATE – Rates Rise, Most Expect the FED to Raise Rates In June or July May 2016 Interest rates started off last week with some tough sledding but since then have improved some. The Mortgage Backed Security (MBS) market closed the week trading down -53 bps.  Monday through Wednesday all had big losses but […]

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WEEKLY RATE – Rates Holding At 3 Year Lows

WEEKLY RATE – Rates Holding At 3 Year Lows May 2016 Interest rates had another good week with the Mortgage Backed Security (MBS) market closing the week trading up + 34 bps. Interest rates are right at or near 3 year lows.  May 2013 is when rates spiked drastically after news that the FED would […]

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Weekly Rate – Rates Improve Last Week, US Employment Report on Friday

WEEKLY RATE – Rates Improve Last Week, US Employment Report on Friday May 2016 Happy May!! Interest rates moved slightly lower last week with the Mortgage Backed Security (MBS) market trading up 3 of the 5 days and closing up +41 bps. The FED didn’t raise rates on Wednesday and most don’t expect them to […]

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Weekly Rate – Interest Rates Continue to Hover Around 3 Year Lows

WEEKLY RATE – Interest Rates Continue to Hover Around 3 Year Lows April 2016 Interest rates continued to hover right around 3 year lows last week.  The market was very steady with the Mortgage Backed Security (MBS) market closing the week even. Right now we are in an area were there seems to be market […]

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WEEKLY RATE – Interest Rates Hit 6 Week Lows

WEEKLY RATE – Interest Rates Hit 6 Week Lows April 2016 Interest rates improved to 6 week lows after the US Non Farm Payroll report on Friday. Rate pricing had steadily improved throughout the week spurned by FED Chief Janet Yellen’s statements on Tuesday.  On Friday, when job creation met expectations, lenders repriced significantly lower.  […]

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WEEKLY RATE – Rates Sideways Before Employment Report on Friday

WEEKLY RATE – Rates Sideways Before Employment Report on Friday March 2016 Interest rate pricing has been mostly sideways over the past 2 weeks with rates fluctuating slightly up and then slightly back down.   Not a ton of movement when they do go up or down and then usually a correction the next day. 30 […]

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WEEKLY RATE – Rates Improve Last Week With FED Comments

WEEKLY RATE – Rates Improve Last Week with Fed Comments March 2016 Interest rate pricing moderately improved last week bolstered by comments from the FED. The Mortgage Backed Security (MBS) market closed last week up + 59 bps.  This has kept interest rate pricing in the 3.75%-3.875% range.  The FED stated last week that they […]

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WEEKLY RATE – Interest Rates Slightly Improve after FED Announcement

WEEKLY RATE – Interest Rates Slightly Improve after FED announcement January 2016 The stock and oil markets have shown a ton of volatility over the past 2 weeks, but rates have remained relatively stable – improving slightly over that period of time. Last week the Mortgage Backed Security (MBS) market finished trading slightly down -4 […]

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