Published Date 10/11/2022 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 10/11/2022 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 10/7/2022 Unemployment Rate Falls This week, the highly anticipated labor market data did not ease investor concerns about inflation and additional Fed rate hikes. As a result, mortgage rates ended a bit higher. While…
Published Date 10/7/2022 Sept unemployment rate reported at 3.5% down from 3.7% expected and down 0.2% from August. NFP jobs expected at 250K increased 263K, private jobs 288K against estimates of 280K. The labor participation rate…
Published Date 10/6/2022 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 10/5/2022 Stock indexes were trading lower early this morning after the DJIA rallied 1600 points the last two sessions. The 10 yr. note yield began up 6 bps after trading unchanged yesterday, MBS prices…
Published Date 10/3/2022 The 10 yr. note at 9 am ET 3.70% -13 bps from Friday, MBS prices +55 bps. Stock indexes improved in pre-open trading. Interest rates continue to consolidate the recent spike in rates. The…
Published Date 10/3/2022 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…
