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INTEREST RATES SHOW IMPROVEMENT – FHA LOWERS WAITING PERIOD AFTER FORECLOSURE, BK, AND SHORT SALE

INTEREST RATES SHOW IMPROVEMENT   –    FHA LOWERS WAITING PERIOD AFTER FORECLOSURE, BK, AND SHORT SALE August 26th, 2013 After starting last week rising quickly, interest rates rebounded near the end of the week.  The Mortgage Backed Security market closed the week trading up + 28 bps, and also closed Monday up + 30 bps. This […]

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MORTGAGE RATES MOVING UP FAST – MOUNTING SENTIMENT THAT FED WILL TAPER IN SEPTEMBER

MORTGAGE RATES MOVING UP FAST  –  MOUNTING SENTIMENT THAT FED WILL TAPER IN SEPTEMBER August 19th, 2013 It’s been a bad week for mortgage interest rates and investment markets in general. There is rising sentiment among traders that the FED will taper their bond purchasing program in September.  This is causing the mortgage backed security […]

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RATES STEADY – WILL FED MOVE CAUSE INTEREST RATES TO RISE IN SEPTEMBER?

RATES STEADY – WILL FED MOVE CAUSE INTEREST RATES TO RISE IN SEPTEMBER? August 12th, 2013 Last week started off with rising rates, but interest rates improved the last 3 days of the week.  Overall, the Mortgage Backed Security Market closed up + 1 bps on the week – keeping rates very similar to the […]

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RATES IMPROVE AFTER JULY EMPLOYMENT REPORT

RATES IMPROVE AFTER JULY EMPLOYMENT REPORT August 5th, 2013 It was quite a roller coaster week as rates went up for the majority of the week, then took back the losses on Friday.  At the end of the week, the Mortgage Backed Security market closed trading up + 8 bps, with the market improving over […]

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RATES HIGHER BEFORE IMPORTANT FED MEETING / EMPLOYMENT REPORT

RATES HIGHER BEFORE IMPORTANT FED MEETING / EMPLOYMENT REPORT July 30th, 2013 Interest rates have moved up slightly over the past week and a half.  Last week the Mortgage Backed Security market closed trading down – 39 bps and so far this week the MBS market has traded down -18 bps.  This is a somewhat […]

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