It was another extremely volatile week for global financial markets, largely due to offsetting events in the UK, but the net result for US mortgage markets was small. According to the most recent Freddie Mac…
It was another extremely volatile week for global financial markets, largely due to offsetting events in the UK, but the net result for US mortgage markets was small. According to the most recent Freddie Mac…
Published Date 9/30/2022 Treasury yields increased yesterday. The 10 at 9 am ET 3.71% -8 bps. MBS prices declined 37 bps yesterday, up 7 bps at 9 am. Inflation ticked up a little in August based…
Published Date 9/29/2022 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 9/28/2022 There was a time not too long ago that after 4 pm ET not much would happen, recently that has changed in the chaotic MBS markets. Yesterday at 4 pm MBS prices were…
Published Date 9/27/2022 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 9/26/2022 Last Friday, after heavy selling the previous day MBS prices ended unchanged. This morning in early trade the 10 yr. note increased 10 bps to a new high at 3.79%: by 9 am…
Published Date 9/26/2022 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 9/23/2022 Higher Rates Central banks around the world maintained their aggressive stance on tightening monetary policy to fight inflation this week. As a result, mortgage rates rose to the highest levels in over a…
Published Date 9/23/2022 The 10 yr. note increased 18 bps, MBS prices down 100 bps. After the Fed increase on Wednesday central banks around the world also increased rates, one of the most prolific and wide…
Published Date 9/22/2022 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 9/21/2022 If you watch any amount of home renovation television, such as HGTV’s Fixer Upper, you’ll see people (homeowners as well as the show’s host) sporting safety goggles and sledge hammers, beginning their remodels…
Published Date 9/20/2022 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…
