Archive for the ‘Home Loan Rate’ Category:

Bad Day for Mortgage Rates. Are the Lowest Rates Behind Us?

{ Posted on Sep 09 2010 by Adam Quinones }
Mortgage rates didn't have a chance today. Borrowing costs started moving higher early in the session and never looked back. As the day progressed, agency MBS prices fell further and lenders were forced to reprice for the worse. Par 30-year ...Read More »

Mortgage Rates Mostly Unchanged After Treasury Auction

{ Posted on Sep 08 2010 by Victor Burek }
When economic data is thin the stock market tends to have a larger impact on the direction of mortgage rates. The session began with stocks moving lower yesterday. With no data on the economic calendar to reverse the market's direction, ...Read More »

Mortgage Rates End Losing Streak But Treasury Auctions Loom

{ Posted on Sep 07 2010 by Victor Burek }
The week ahead is very light in terms of economic data, that implies we should expect the stock market to continue to provide mortgage rates with directional guidance. If stocks rally, look for mortgage rates to move higher. If stocks ...Read More »

How Did The Employment Report Affect Mortgage Rates?

{ Posted on Sep 03 2010 by Victor Burek }
It is the first Friday of the month and that brings us the official government report on the labor market: The Employment Situation Report. This release provides four headline measures on the health of the jobs sector. Nonfarm Payrolls: totals ...Read More »

Mortgage Rates Move Higher Before Jobs Data

{ Posted on Sep 02 2010 by Victor Burek }
What a boring day in the markets! Stocks added to yesterday's gains and bonds added to their losses. This pushed mortgage rates marginally higher. The best 30 year fixed mortgage rates are still in the 4.125% to 4.375% range for ...Read More »