Daily Rate Alert

Posted by on Feb 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 […]

Market Report

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

  Daily Market Analysis     Three data points at 8:30 this morning. Weekly jobless claims, expected up 7K jumped 31K back above 300K at 313K, the 4 wk average increased 11,500 to 294,500. Jan CPI expected down 0.6% fell 0.7%, the core ex food and energy expected +0.1% increased 0.2%. Jan durable goods orders, […]

Today’s Market News

Posted by on Feb 18, 2015 in News, Uncategorized | No Comments

Daily Market Analysis January housing starts declined 2.0%, slightly weaker than -1.7% expected; the number of units on an annualized basis 1065K. Jan building permits declined 0.7% against estimates of an increase of 3.6%, to 1053K. Dec starts 1089K, Dec permits 1032K. Construction of single-family homes dropped 6.7% to a 678,000 rate in January from […]

Mortgage Rates are Volatile today

Posted by on Feb 18, 2015 in News | No Comments

Rates At a Glance Mortgage Rates Currently Trending Today’s Mortgage Rate Forecast Today’s Potential Rate Volatility Higher Higher 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 […]

Daily Market Update

Posted by on Feb 13, 2015 in News | No Comments

Daily Market Analysis Some improvement yesterday in the MBS trading; this morning the early activity prices slightly lower at 8:30. The 10 yr note yield up 2 bps from yesterday to 2.01%, US stock indexes early traded a little better after the DJIA climbed 110 points and is edging closer to the 18K level on […]

Daily Mortgage Rate Update 02-13-15

Posted by on Feb 13, 2015 in News | No Comments

Rates At a Glance Mortgage Rates Currently Trending Today’s Mortgage Rate Forecast Today’s Potential Rate Volatility Higher Higher 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 […]

Mortgage Rate Daily Update

Posted by on Feb 12, 2015 in News | No Comments

Rates At a Glance Mortgage Rates Currently Trending Today’s Mortgage Rate Forecast Today’s Potential Rate Volatility Higher Higher 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 […]

Daily Market Report

Posted by on Feb 12, 2015 in News | No Comments

Daily Market Analysis Early this morning (8:00 am) the 10 yr at 2.05% +5 bp from yesterday’s close. At 8:30 two key data points; weekly jobless claims were up 25K to 304K, forecasts for an increase of 10K. The four-week average of claims, a less-volatile measure than the weekly figure, declined to 289,750 from 293,000 […]

Mortgage Rate Insider 02-09-15

Posted by on Feb 9, 2015 in News | No Comments

Rates At a Glance Mortgage Rates Currently Trending Today’s Mortgage Rate Forecast Today’s Potential Rate Volatility HIGHER 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 preview for the week of 02-9-15

Posted by on Feb 9, 2015 in News | No Comments

Weekly Market Preview What’s on the agenda for this week? The bond and mortgage markets got a better start this morning after the big sell-off on Friday that turned our technicals frm bearish/neutral to outright bearish. The 10 broke its support at 1.84% setting of heavy covering of long bond positions and driving mortgage rates […]