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…
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…
