Rate Analysis for 01-05-15

Posted by on Jan 5, 2015 in News | No Comments

  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 in the bond market. This means rates or loan fees (mortgage pricing) moves throughout the day, being affected by a variety […]

Weekly Market Preview

Posted by on Jan 5, 2015 in News | No Comments

Weekly Market Preview What’s on the agenda for this week? Interest rates continue to decline this morning, crude oil making another new low, and the early activity in US equity markets pointing to a weaker open. The 10 at 9:00 2.09% -3 bp and 30 yr MBS price +11 bps. The fall in energy prices […]

Daily Market Analysis 01-05-15

Posted by on Jan 5, 2015 in News | No Comments

  Daily Market Analysis     Interest rates continue to decline this morning, crude oil making another new low, and the early activity in US equity markets pointing to a weaker open. The 10 at 9:00 2.09% -3 bp and 30 yr MBS price +11 bps. The fall in energy prices is forcing other commodity […]

Mortgage Rate Insider 01-02-15

Posted by on Jan 2, 2015 in News | No Comments

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 in the bond market. This means rates or loan fees (mortgage pricing) moves throughout the day, being affected by a variety of […]

Daily Market Analysis 01-02-15

Posted by on Jan 2, 2015 in News | No Comments

Early trade had the MBS market unchanged and the 10 yr yield up 1 bp to 2.18% at 9:00 this morning. At 9:30 the DJIA started up 95, NASDAQ +32, S&P +11; the 10 at 9:30 2.18% +1 bp, 30 yr MBS price +4 bps from Wednesday’s close and +18 bps from 9:30 Wednesday.Wednesday the […]