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Weekly Review

What’s Ahead For Mortgage Rates This Week : March 22, 2010

Comments(0) By •March 22nd, 2010

Mortgage markets closed unchanged last week, but that’s not say mortgage rates were calm. Monday through Wednesday, rates improved steadily before a swift, late-week sell-off unwound the gains. The speed of the Thursday-Friday reversal may signal that markets are preparing for change.

What’s Ahead For Mortgage Rates This Week : March 15, 2010

Comments(0) By •March 15th, 2010

Mortgage markets worsened last week with little economic news to push markets in either direction. Momentum trading and rebalancing of portfolios drove mortgage rates higher, on average, for the first time this month.

What’s Ahead For Mortgage Rates This Week : March 8, 2010

Comments(0) By •March 8th, 2010

Mortgage markets improved last week in low-volume trading.

What’s Ahead For Mortgage Rates This Week : March 1, 2010

Comments(0) By •March 1st, 2010

Mortgage markets improved last week as economic reports painted a less-than-stellar portrait of the U.S. economy and concerns of a looming monetary policy change eased. Mortgage pricing improved dramatically, despite a late-Friday retreat.

What’s Ahead For Mortgage Rates This Week : February 22, 2010

Comments(0) By •February 22nd, 2010

Mortgage markets had a terrible, holiday-shortened week last week as Wall Street responded to worse-than-expected inflation data and action from the Federal Reserve. Mortgage bonds sold off with force, causing mortgage rates to rise for the second week in a row.

What’s Ahead For Mortgage Rates This Week : February 16, 2010

Comments(0) By •February 16th, 2010

Mortgage markets worsened last week on general profit-taking in the U.S. bond market, combined with talk of a coordinated rescue effort for Greece and its debt burden. Mortgage-backed bonds sold off, causing conventional and FHA mortgage rates to rise.

What’s Ahead For Mortgage Rates This Week : February 8, 2010

Comments(0) By •February 8th, 2010

Mortgage markets improved last week on domestic jobs data and international banking concerns. The news triggered buying in the bond market and, as a result, conventional, FHA and VA mortgage rates improved for the 4th consecutive week.

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