Archive for the ‘AQ’ Category:

Mortgage Rates: New Record Lows

{ Posted on Aug 11 2011 by Adam Quinones }
Consumer borrowing costs ticked higher today in another volatile trading session (multiple reprices experienced).  Mortgage rates are still in record setting territory though. This is apparent in the chart of Consumer Rate Quotes below... If the note rate line is ...Read More »

Mortgage Rates: Sharp Improvements

{ Posted on Aug 10 2011 by Adam Quinones }
We experienced some wild price swings today but consumer borrowing costs improved in the end. In many cases those improvements were significant. CURRENT MARKET*: The BestExecution 30-year fixed mortgage rate is between 4.00 and 4.250%. More lenders are willing to offer ...Read More »

How Did Mortgage Rates React to Jobs Data?

{ Posted on Aug 05 2011 by Adam Quinones }
To put it bluntly, not good... Home loan borrowing costs moved higher after a better than expected jobs report this morning. The one-week winning streak that led mortgage rates back into historically low territory came to an end as a result. ...Read More »

Mortgage Rates: The Return of Record Lows

{ Posted on Aug 04 2011 by Adam Quinones }
The craziness continues... Mortgage rates and most things related to bonds have ventured back into record setting territory. Stock markets are at the tipping point of full blown panic and interest rates have been the main beneficiary.  IMPROVED CURRENT MARKET*: The BestExecution conventional 30-year ...Read More »

Mortgage Rates: This is Nuts!

{ Posted on Aug 02 2011 by Adam Quinones }
Mortgage rates rallied again today, extending their winning streak to four straight sessions. Positive progress has not been modest either. Improvements have been significant. A picture is worth a thousand words... In the chart of Consumer Rate Quotes below, if the ...Read More »