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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 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 – 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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WEEKLY RATE – Interest Rates Improve to 2 Month Lows

WEEKLY RATE – Interest Rates Improve to 2 Month Lows January 2016 Interest rates have continued their recent improvement with investors flocking to safe investments like treasuries and mortgage backed securities due a falling stock market and falling oil prices. On Friday, The US Non Farm Payroll report was released and blew away all estimates […]

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Rates Move Up Slightly from Prior Weeks 5 Month Lows

Rates Move Up Slightly from Prior Weeks 5 Month Lows October 2015 As is normal with interest rates, once rate pricing moves one way for an extended period of time, we will see a correction back. Rates hit 5 month lows on Friday October 2nd, but since then have steadily moved a little higher almost […]

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Interest Rates Hit 2 Month Lows!!

Interest Rates Hit 2 Month Lows!! August 2015 Interest rates improved again last week pushing interest rate pricing to their lowest levels in over 2 months. The Mortgage Backed Security (MBS) market finished the week trading up + 47 bps. 30 year fixed rates are now available at 3.875% paying .89 points (4.05% APR), and […]

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