Fri, Apr 15 2011, 4:32 PM
Home loan borrowing costs moved lower today, bringing the
Best-Execution conventional 30 year fixed mortgage rate back down to 4.875%.
Take a lo...
Thu, Apr 14 2011, 5:34 PM
Home loan borrowing costs were roughly unchanged today. This is surprising because loan pricing should have worsened given the behavior of the second...
Wed, Apr 13 2011, 3:41 PM
Home loan borrowing costs were
roughly unchanged today after reprices for the better erased morning loan pricing weakness.
Whereas yesterday's im...
Tue, Apr 12 2011, 4:33 PM
Home loan borrowing costs declined significantly today, leading to an
improvement in the conventional 30-year fixed Best-Execution mortgage rate.
...
Mon, Apr 11 2011, 4:50 PM
After being stuck in the same spot for over a month, home loan borrowing costs shot higher last Wednesday at their most violent pace since early Febru...
Fri, Apr 8 2011, 4:10 PM
Mortgage rates moved higher this week following a RELEASE
OF STORED ENERGY.
The chart below graphs the average origination closing costs tie...
Thu, Apr 7 2011, 3:33 PM
Following yesterday's abrupt move higher, home loan borrowing costs spent the day feeling
out their new range. Best-Execution mortgage
rates and ...
Wed, Apr 6 2011, 4:38 PM
After being stuck in the same spot for over a month, home loan borrowing costs shot higher today at their most violent pace
since early February. Bes...
Tue, Apr 5 2011, 4:10 PM
Home loan borrowing costs inched modestly higher today. Best-Execution mortgage rates didn't budge.
As noted on several occasions, the broader bond...
Mon, Apr 4 2011, 3:35 PM
After drifting
progressively higher for seven straight sessions, we've finally seen some
stabilization and even modest improvements in home loan bor...
Fri, Apr 1 2011, 4:41 PM
Normal
0
false
false
false
EN-US
X-NONE
X-NONE
...
Thu, Mar 31 2011, 4:42 PM
A seven day losing streak was finally put to an end yesterday.... just
in time for a
high-risk event. The official Employment Situation Report w...
Wed, Mar 30 2011, 4:55 PM
After SEVEN consecutive days of marginal increases, home loan
borrowing
costs finally stabilized today. This does not necessarily mean that
cost...
Tue, Mar 29 2011, 4:34 PM
Home loan borrowing costs drifted marginally higher for the seventh consecutive session today. The trend is not your friend! HERE is a chart.
...
Mon, Mar 28 2011, 4:17 PM
After hitting 2011 lows on a steady "flight to safety", home loan
borrowing costs have drifted incrementally higher in six of the last six
trading...
Fri, Mar 25 2011, 5:52 PM
Home loan borrowing costs moved incrementally higher this week. There is reason to be concerned about this directional drift....
Although today's ...
Thu, Mar 24 2011, 5:46 PM
From where you sit
there appears to be little volatility in mortgage rates. Today was the FIFTH
consecutive session where loan pricing either rem...
Wed, Mar 23 2011, 7:30 PM
After looking like they might improve this morning, home loan
borrowing costs ended the day unchanged, making today the FIFTH
consecutive session w...
Tue, Mar 22 2011, 4:51 PM
Home loan borrowing costs moved slightly higher today. This is the
fourth consecutive session where loan pricing has worsened by a thin
margin. Be...
Mon, Mar 21 2011, 5:23 PM
Home loan borrowing costs got slightly more expensive today. Best-execution mortgage rates were unchanged.
News today that Treasury would begin s...
Fri, Mar 18 2011, 4:07 PM
Mortgage rates got slightly more expensive today. Best-execution rates were unchanged.
It was a quiet session overall. Little movement was seen in ...
Thu, Mar 17 2011, 3:56 PM
Mortgage rates worsened today.
The
level of panic lessened overnight in Japan, and despite several somewhat
alarming headlines, the overall pan...
Wed, Mar 16 2011, 6:31 PM
Mortgage rates improved today as the situation in Japan deteriorated and a feeling of panic poured through global markets, spurring on another flight ...
Tue, Mar 15 2011, 6:13 PM
CURRENT MARKET : The "Best
Execution" conventional 30 year
fixed mortgage rate is still 4.875%. For those looking to permanently
buy
down thei...
Mon, Mar 14 2011, 4:44 PM
Home loan borrowing costs improved slightly today, though Best-Execution rates remained the same.
Nervous
tensions surrounding the potential econ...
Fri, Mar 11 2011, 3:09 PM
Consumer borrowing costs lost a very small amount of
ground today. Mortgage rates are still about aggressive as they've been since late January thou...
Thu, Mar 10 2011, 4:25 PM
You'll have to look closely in order to see a difference between the
introductory paragraphs of today's commentary and yesterday's...
Today's 30...
Wed, Mar 9 2011, 5:16 PM
If yesterday gave fence-sitters a taste of the downside risks associated with floating, today shared the rewards.
Today's 10-year Treasury note...
Tue, Mar 8 2011, 4:54 PM
Fence-sitters today got their first taste of a series of moderately
risky events that face mortgage rates in the days ahead, Treasury
auctions!
...
Mon, Mar 7 2011, 4:18 PM
CURRENT MARKET : The "Best Execution" conventional 30 year
fixed mortgage rate is 4.875%. For
those looking to buy down their rate to 4.75%, this q...
Fri, Mar 4 2011, 6:00 PM
It was a volatile week for mortgage rates.
Monday and Tuesday saw
rates near their best levels in nearly a month. Consumer borrowing
costs the...
Thu, Mar 3 2011, 5:28 PM
The Best Execution conventional 30-year fixed mortgage rate rose today.
UPDATED CURRENT MARKET :
The "Best Execution" conventional 30-y...
Wed, Mar 2 2011, 5:23 PM
It was another volatile day in the mortgage market. Don't let that
distort your perspective of reality though. When looking at the behavior
of mo...
Tue, Mar 1 2011, 5:02 PM
It was an exciting day in the
bond market.
Early in the trading session, the environment looked unfriendly for
mortgage rates. Stocks were rall...
Mon, Feb 28 2011, 4:00 PM
This week begins with mortgage rates holding onto recent improvements. Last week, we discussed how a "flight to
quality" helped drive up investor de...
Fri, Feb 25 2011, 5:58 PM
Mortgage rates benefited from a "flight to safety" this week.
A "flight to safety" happens when investors are nervous about owning
risky assets...
Thu, Feb 24 2011, 4:26 PM
Mortgage rates continue to benefit from a "flight to safety".
A "flight to safety"
happens when investors are nervous about owning risky assets l...
Wed, Feb 23 2011, 5:44 PM
Mortgage rates continue to enjoy a
period of relief after rising rapidly in recent
weeks. The extent to which this relief
period matures into a mo...
Tue, Feb 22 2011, 4:27 PM
UPDATED CURRENT MARKET : The "Best
Execution" conventional 30 year fixed mortgage rate improved to 5.00%
today. There is an opportunity to lock ...
Fri, Feb 18 2011, 4:29 PM
Although costs inched slightly higher today, the overall picture of this
week in mortgage rates was finalized today and it doesn't look too bad.
I...
Thu, Feb 17 2011, 4:55 PM
A 3 day winning streak for mortgage rates ended yesterday, but in gentle
fashion. This allowed us to keep our best execution 30-year fixed mortgage r...
Wed, Feb 16 2011, 4:55 PM
Yesterday we shared news that mortgage rates were on a three day
winning streak. This allowed us to update our best execution 30-year fixed mortgage ...
Tue, Feb 15 2011, 1:41 PM
Mortgage rates are on a three day winning streak!
Yes you read
that correctly. After snapping a 5-day losing streak last Wednesday,
loan prici...
Mon, Feb 14 2011, 4:22 PM
We watched defensively last week as mortgage rates teetered on a
ledge. We were searching for an indication that "snowball selling" had
been avoid...
Fri, Feb 11 2011, 2:45 PM
A 7-week mortgage rates range was finally broken last Friday. The
directional move that took place afterward was not fence-sitter
friendly. "Best ...
Thu, Feb 10 2011, 5:45 PM
Yesterday was one of those "GOOD NEWS/BAD NEWS" sorta days.
The good news was mortgage rates ended a damaging 5 day losing streak
The bad ne...
Wed, Feb 9 2011, 5:54 PM
This is gonna be one of those "GOOD NEWS/BAD NEWS" sorta days.
The good news is...
The mortgage rate losing streak has come to an end at 5 d...
Tue, Feb 8 2011, 6:01 PM
Home loan borrowing costs extended their losing streak to five days today. "Best Execution" mortgage rates didn't move higher though, just the closing...
Mon, Feb 7 2011, 2:39 PM
A 7-week mortgage rates range was finally broken last Thursday and
Friday. The directional move was not consumer friendly. "Best Execution"
home l...
Fri, Feb 4 2011, 4:40 PM
It finally happened. The range has been officially broken. In the wrong direction.....
The RANGE that has been the topic of so much conversation ...