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 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…
Published Date 9/19/2022 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 9/19/2022 The 10 yr. broke above its technical resistance at 3.47%, at 8 am ET 3.50%; MBA prices at 8 am -37 bps from Friday. US stock indexes under pressure, at 8 am DJIA…
Published 9/16/22 Upside Surprise in Inflation The driving force behind the movement in mortgage rates in recent months is clear, and the latest news was not favorable. In the highly anticipated CPI report, inflation was…
Published Date 9/16/2022 Last night though the 10 briefly exceeded the resistance level at 3.47% increasing to 3.48% then slipped back to unchanged from yesterday at 3.45% at 8:30 am ET this morning. No end in…
Published 9/9/2022 ECB Raises Rates During a light week for economic data, investors were focused on U.S. and European central bankers. There were no surprises from the European Central Bank (ECB) or U.S. Fed Chair…
