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Category Archives: Weekly Review
What’s Ahead For Mortgage Rates This Week : March 14, 2011
Wall Street continued its flight-to-quality last week. Mortgage-backed bonds are now at their best levels since early-February. Mortgage rates have improved 4 straight weeks. Continue reading
What’s Ahead For Mortgage Rates This Week : February 28, 2011
Mortgage rates dropped last week, but, this week, there appears to be more reasons for rates to rise than fall. Plan accordingly. Continue reading
What’s Ahead For Mortgage Rates This Week : February 22, 2011
For just the second time in 2011, conforming mortgage rates fell on a week-to-week basis. Continue reading
What’s Ahead For Mortgage Rates This Week : February 14, 2011
According to Freddie Mac, mortgage rates made their largest 1-week jump in more than a year last week, tacking on 0.24 percent and bringing the average national 30-year fixed mortgage rate up to 5.05%. In some markets, rates are even higher.
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What’s Ahead For Mortgage Rates This Week : February 7, 2011
Mortgage rates rose for the 4th time in 5 weeks last week, extending a losing streak which dates back 4 months. This week, they should do the same. Continue reading
What’s Ahead For Mortgage Rates This Week : January 31, 2011
Mortgage markets improved this week as positive economic data was overshadowed by geopolitical strife. A flight-to-quality drove buy-side activity in mortgage bond markets, which, in turn, helped conforming rates fall. Continue reading
What’s Ahead For Mortgage Rates This Week : January 24, 2011
Mortgage markets worsened last week in a holiday-shortened trading week. For the second straight week, conforming and FHA mortgage rates increased. Continue reading
What’s Ahead For Mortgage Rates This Week : January 18, 2011
Mortgage markets worsened last week on a turn-around in sentiment across the Eurozone. The sort of “safe haven” buying that had buoyed mortgage bonds since the New Year dissipated, and mortgage rates resumed climbing. Continue reading
What’s Ahead For Mortgage Rates This Week : December 6, 2010
After a spectacular run that drew 30-year fixed rates to near 4.00, mortgage rates have returned to their highest levels since late-June. Continue reading
What’s Ahead For Mortgage Rates This Week : November 29, 2010
In a holiday-shortened week on Wall Street, mortgage markets improved on 3 of 4 days, but still posted its fourth consecutive losing week. Continue reading