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Category: Uncategorized

Oil prices continue to fall

Published Date 6/24/2022 At 6 am ET this morning the 10 yr. note traded down 4 bps to 3.05%, by 8 am at 3.13% +4 bps, at 9 am 3.11% +2 bp. MBSs opened down 20

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Dirty ice; read it but don’t weep

Published Date 6/23/2022 When is the last time you read anything about ice cube trays? Never? Well, in a series of Realtor articles titled “How Gross?” Larissa Runkle tackles another highly trafficked item in your

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Initial Weekly Jobless claims higher than expected

Published Date 6/23/2022 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

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Markets focused on potential recession

Published Date 6/22/2022 Treasury futures began declining shortly after yesterday’s cash close, continuing the decline into the night. The market found some support at the start of the European session, but it reached fresh lows in

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Fear not. This is not 2008 revisited

Published Date 6/21/2022 Those of us who were around for the Great Recession of 2008 may be suffering a bit of PTSD at this point, thinking the economy might begin to look, feel, and hit

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Three things that could impact rates this week

Published Date 6/21/2022 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

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Mortgage Market News for the week ended June 17, 2022

Published 6/17/2022 Fed Tightens The US Fed tightened monetary policy by a massive amount this week at its meeting on Wednesday, and other global central banks also have been taking aggressive steps to fight inflation.

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Markets under pressure ahead of holiday weekend

Published Date 6/17/2022 By the end of the day yesterday the 10 yr. note was down 8 bps and MBS prices down 2 bps; it was another volatile session, MBSs at 9:30 am ET yesterday

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Initial Weekly Jobless Claims continue to rise

Published Date 6/16/2022 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

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May Producer Price Index puts more pressure on markets

Published Date 6/14/2022 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

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Markets under heavy pressure this morning

Published Date 6/13/2022 Equity markets began this morning where they left off on Friday DJIA -880, starting this morning down 500 more. The 10 yr. note yield at 8 am ET 3.27%, MBS prices in

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Three things that could impact rates this week

Published Date 6/13/2022 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

Posted in Uncategorized