Published Date 6/30/2022 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…
Published Date 6/30/2022 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…
Published Date 6/29/2022 In overnight trading the 10 yr. note dropped to 3.12%, down 7 bps from yesterday’s US close, by 8:30 am ET this morning the note increased to 3.17% -2 bp. MBS prices…
Published 6/24/2022 Home Sales Mixed With global central banks aggressively tightening monetary policy to fight inflation, this week investors reduced their outlook for economic growth. As a result, mortgage rates declined from the highest levels…
Published Date 6/24/2022 At 6 am ET this morning the 10 yr. note traded down 4 bps to 3.05%, by 8 am at 3.13% +4 bps, at 9 am 3.11% +2 bp. MBSs opened down 20…
Published Date 6/23/2022 When is the last time you read anything about ice cube trays? Never? Well, in a series of Realtor articles titled “How Gross?” Larissa Runkle tackles another highly trafficked item in your…
Published Date 6/23/2022 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…
Published Date 6/22/2022 Treasury futures began declining shortly after yesterday’s cash close, continuing the decline into the night. The market found some support at the start of the European session, but it reached fresh lows in…
Published Date 6/21/2022 Those of us who were around for the Great Recession of 2008 may be suffering a bit of PTSD at this point, thinking the economy might begin to look, feel, and hit…
Published Date 6/21/2022 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…
Published 6/17/2022 Fed Tightens The US Fed tightened monetary policy by a massive amount this week at its meeting on Wednesday, and other global central banks also have been taking aggressive steps to fight inflation.…
Published Date 6/17/2022 By the end of the day yesterday the 10 yr. note was down 8 bps and MBS prices down 2 bps; it was another volatile session, MBSs at 9:30 am ET yesterday…
Published Date 6/16/2022 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…