Published Date 9/9/2022 At 8 am ET the 10 at 3.25% -7 bps and FNMA 5.0 30 yr. coupon +30 bps, yesterday the coupon was down 33 bps. Marking time ahead of inflation reports next Tuesday…
Published Date 9/9/2022 At 8 am ET the 10 at 3.25% -7 bps and FNMA 5.0 30 yr. coupon +30 bps, yesterday the coupon was down 33 bps. Marking time ahead of inflation reports next Tuesday…
Published Date 9/8/2022 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 9/7/2022 This morning the 10 yr. -3 bps at 8 am ET after increasing 14 bps and MBS prices +8 bps. Stock indexes yesterday were lower, in futures trading this morning the indexes were…
Published Date 9/6/2022 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 9/2/2022 Mixed Labor Market Data Investor concerns about stubbornly high inflation levels and the aggressive response by global central banks increased this week, while the major economic reports were roughly neutral overall. As a…
Published Date 9/2/2022 August employment data: unemployment rate 3.7% +2.0% from July (expectations 3.5%). NFP jobs 315K (expectations 293); private jobs +308K (expectations 280K). Average hourly earnings +0.3% (expectations +0.4%), yr./yr. +5.2% (expectations 5.3%). Labor participation…
Published Date 9/1/2022 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 8/31/2022 If your home is your castle, then there are no holds barred on what you can do with it, right? Well, for one thing, unless you have your home’s pink slip, it’s…
Published Date 8/31/2022 At 8:15 am ET this morning ADP was back after two months away, re-engineering its formulas to better account for private jobs; August private jobs expected +228K, as reported +132K. The reaction a…
Published Date 8/30/2022 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 8/29/2022 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 8/26/2022 No Surprises from Powell Neither a speech from Fed Chair Powell nor the economic data caused much reaction this week. Mortgage rates ended a little higher. In a highly anticipated speech from the…
