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Category Archives: Weekly Review
What’s Ahead For Mortgage Rates This Week : November 22, 2010
The 7-month rally in rates may be nearing its end. The 30-year fixed rate mortgage is at a 4-month high after reaching an all-time low just 3 weeks ago. Continue reading
What’s Ahead For Mortgage Rates This Week : November 15, 2010
Last week marked the first sizable mortgage rate increase over the course of 7 days since April. Continue reading
What’s Ahead For Mortgage Rates This Week : November 8, 2010
Huge gains and losses characterized day-to-day trading last week. Overall, however, conforming mortgage rates improved. Continue reading
What’s Ahead For Mortgage Rates This Week : November 1, 2010
All things considered, it’s dangerous to float a mortgage rate this week. If you’re not already locked, talk to your loan officer prior to Wednesday afternoon. Continue reading
What’s Ahead For Mortgage Rates This Week : October 25, 2010
The dollar was strong in the first part of last week, then weakened through Friday’s close with the G-20 meeting looming. Mortgage rates trended along similar lines. Continue reading
What’s Ahead For Mortgage Rates This Week : October 18, 2010
The United States is experiencing a Refi Boom. As compared to 6 months ago, a new, $200,000 home loan costs $124 less per month in principal + interest. Continue reading
What’s Ahead For Mortgage Rates This Week : October 12, 2010
This week, there’s a number of releases that should keep mortgage rates on the move — up and down — including Fed Minutes (Tuesday), Producer Price Index (Thursday), and Consumer Price Index, Retail Sales and a confidence survey (Friday). Continue reading
What’s Ahead For Mortgage Rates This Week : October 4, 2010
Mortgage rates are tough to pin down because, although the recession is over, everyday citizens aren’t spending like it is. Continue reading
What’s Ahead For Mortgage Rates This Week : September 27, 2010
In back-and-forth trading last week, conforming mortgage rates bottomed out Wednesday before rising through Friday’s afternoon close. This week should be even more volatile. Continue reading
What’s Ahead For Mortgage Rates This Week : September 20, 2010
Mortgage markets were highly volatile, yet relatively unchanged last week in back-and-forth trading on Wall Street. Continue reading