Mortgage Rates at a Glance 01-29-15

Posted by on Jan 29, 2015 in News | No Comments

Rates At a Glance Mortgage Rates Currently Trending Today’s Mortgage Rate Forecast Today’s Potential Rate Volatility Lower Lower High (by Sigma Research) Today’s Mortgage Rate Summary How Rates Move: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day […]

Market Analysis 01-29-15

Posted by on Jan 29, 2015 in News | No Comments

Daily Market Analysis The bond and mortgage markets opened slightly weaker this morning after strong price gains yesterday. The 10 declined 97 bps to 1.72% down 0.9%, MBS prices +46 bps from Tuesday’s close. At 9:00 this morning the 10 down 22 bps its yield 1.74% +2 bp; 30 yr MBS price -11 bps from […]

Daily Market Analysis 01-28-15

Posted by on Jan 28, 2015 in News | No Comments

Daily Market Analysis Yesterday the stock market got tagged hard, this morning a little rebound in early activity. Earnings announced yesterday morning from large companies that derive revenue from global sales (Microsoft, 3M, Caterpillar, Pfizer, DuPont, and P&G) started an avalanche of selling taking the DJIA down 291 and NASDQ -90. The weaker earnings and […]

Daily Rate Alert 01-28-15

Posted by on Jan 28, 2015 in News | No Comments

Rates At a Glance Mortgage Rates Currently Trending Today’s Mortgage Rate Forecast Today’s Potential Rate Volatility Neutral Neutral High (by Sigma Research) Today’s Mortgage Rate Summary How Rates Move: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day […]

Market Analysis 01-27-15

Posted by on Jan 27, 2015 in News | No Comments

Daily Market Analysis Microsoft, 3M, Caterpillar, Pfizer, DuPont, and P&G all reported lower earnings than were expected. The result, at 8:00 this morning the DJIA futures were down 250 points. Not only lower earnings but their outlook, at least Caterpillar, worried that there will be more weak earnings in this quarter as the Global economy […]

Rate Summary

Posted by on Jan 26, 2015 in News | No Comments

Rates At a Glance Mortgage Rates Currently Trending Today’s Mortgage Rate Forecast Today’s Potential Rate Volatility Neutral Neutral High (by Sigma Research) Today’s Mortgage Rate Summary How Rates Move: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day […]

Market Analysis

Posted by on Jan 26, 2015 in News | No Comments

Daily Market Analysis This morning the bond and mortgage markets opened better, the early activity in stock indexes slightly weaker at 8:30. Don’t mean to beat the drum, but as we have reminded almost every day these days, uncertainty about the economic outlook, deflation concerns, the ECB stimulus are causing a lot of intraday and […]

Daily Market Analysis

Posted by on Jan 21, 2015 in News | No Comments

Daily Market Analysis     Last night the President did his State of the Union message; you can read all about it in other commentaries and in the print media but as far as markets are concerned there was nothing of importance for the immediate consumption. Treasuries and MBSs opened abut unchanged this morning, early […]

Daily Rate Analysis

Posted by on Jan 21, 2015 in News | No Comments

Rates At a Glance Mortgage Rates Currently Trending Today’s Mortgage Rate Forecast Today’s Potential Rate Volatility Lower Lower High (by Sigma Research) Today’s Mortgage Rate Summary How Rates Move: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day […]

Weekly Mortgage Rate Preview, MLK holiday delayed

Posted by on Jan 20, 2015 in News | No Comments

Rates At a Glance Mortgage Rates Currently Trending 7 Day Mortgage Rate Forecast This Week’s Potential Volatility Lower Lower Average (by Sigma Research) This Week’s Mortgage Rate Summary How Rates Move: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, […]