current mortgage rates

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Latest blogosphere posts tagged “current mortgage rates”
 

  • Record Low Mortgage Rates Hold Steady Today


    MonitorBankRates.comAuthority Authority: 110
    Record low fixed conforming  mortgage rates held steady in this week’s Primary Mortgage Market Survey released by Freddie Mac this morning. Bond yields haven’t moved much the past week which is why mortgage rates barely changed. Current mortgage rates today on 30 year conforming home loans are at a new all-time ...
    4 days ago
  • Mortgage Rates Seek Inspiration


    Authority Authority:
    With little economic news in the US and few meaningful developments in the European financial crisis, the mortgage markets in the US have found little to inspire a move in one direction or another.  That is not likely to change today. New home sales are the only data point to consider today.  Expectations were for ...
    5 days ago
  • Current Mortgage Rates for Wednesday, May 23, 2012


    Authority Authority:
    Yesterday mortgage rates rose a little as mortgage-backed securities sold off, partially in response to a mild stock rally.  It looks as if this trend will reverse itself today as a possible Eurozone breakup is fueling fears of a renewed global recession. There were a couple of pieces of economic data released ...
    5 days ago
  • Refinance Activity Higher Today as Mortgage Rates Hit New Lows


    MonitorBankRates.comAuthority Authority: 110
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    5 days ago
  • Current Mortgage Rates for Tuesday, May 22, 2012


    Authority Authority:
    Yesterday we saw mortgage rates rise a little bit as mortgage-backed securities and Treasuries sold off in the face of a mild stock rally.  Today I anticipate that rates will remain at close to current levels as the Euro situation counterbalances an increase in existing home sales (mortgage rates fall on bad news ...
    6 days ago
  • Low Mortgage Rates Today Probably Drove Existing Home Sales Higher


    MonitorBankRates.comAuthority Authority: 110
    Recent record low mortgage rates probably helped drive existing home sales higher in April. Existing Home Sales, scheduled to be released by The National Association of Realtors (NAR) at 10:00 AM this morning, probably increased 2.9 percent to a 4.61 million annual rate last month, according to the median forecast ...
    6 days ago
  • Current Mortgage Rates for Monday, May 21, 2012


    Authority Authority:
    Last week mortgage rates plunged to new record lows.  This has become such a common occurrence over the past couple of months that I think everyone is more or less nonplussed by this news.  I don’t see anything in the coming week that will cause rates to move significantly. Today we are seeing stocks rise in ...
    1 week ago
  • Mortgage Rates Forecast: The Week Ahead for Rates


    Authority Authority:
    Current mortgage rates have staked out new, lower levels to make their home over the past few weeks.  Nothing within the realm of reasonable forecasting appears capable of changing that domicile this coming week.  A very quiet week for US economic data does not appear potent enough to move rates higher.  Nor does ...
    1 week ago
  • Current Mortgage Rates for Friday, May 18, 2012


    Authority Authority:
    Mortgage rates extended their run into record low territory yesterday, something that could continue in the absence of any economic reports today.  Today’s headlines are going to be dominated by two subjects that I am absolutely tired of hearing about: Facebook’s IPO and debt problems in Europe/Greece. Right ...
    1 week ago
  • Sliding Data Pull Mortgage Rates Along for the Ride


    Authority Authority:
    The Index of Leading Economic Indicators is not suggesting a very bright future for the US economy if the trend it clearly shows continues.  The above chart shows that over the past three months the Leading Economic Indicators Index which is composed of several economic reports consolidated together, has slid from a ...
    1 week ago
  • Facebook Goes Public but America Likes Historic Mortgage Rates Better


    Authority Authority:
    On a day when the business press is completely obsessed with the initial public offering from Facebook, far more important news for American consumers is playing out.  Due to a combination of generally weak economic data in the US and major concerns about the future of the European monetary union, current mortgage ...
    1 week ago
  • Mortgage Rates Improve as Jobless Claims Remain Flat


    Authority Authority:
    The Weekly Jobless Claims report chart above resembles a lake with barely a ripple.  First-time claims for unemployment insurance benefits stayed at the same level as the previous report suggesting that the US jobs picture is locked-in a period of stagnation–no gains, no losses.  With two other relatively negative ...
    1 week ago
  • Mortgage Rates: Nudge Me if You Hear Me Snore


    Authority Authority:
    Mortgage rates are heading absolutely nowhere after early trading in mortgage-backed securities this morning.  The weekly jobless claims report continued its snooze inducing run of numbers that has persisted over the last 90 days or so.  Manufacturing data from the Philadelphia Federal Reserve Bank region was weak ...
    1 week ago
  • Mortgage Rates Hit Record Lows This Week


    MonitorBankRates.comAuthority Authority: 110
    Fixed mortgage rates hit record lows today in this week’s Primary Mortgage Market Survey. 30 year fixed mortgage rates and 15 year fixed mortgage rates both hit record lows for the week ending May 3, 2012. Recent economic data released pointing to a slowing economy has brought Treasury yields lower which is ...
    3 weeks ago
  • Current Mortgage Rates for Thursday, May 3, 2012


    Authority Authority:
    Despite a positive jobs report this morning, we are not seeing much change in the markets so far this morning.   Mortgage rates have been range bound for most of the past couple of weeks, and I don’t think that will change today.  This whole week has really been a waiting game for tomorrow’s nonfarm payroll ...
    3 weeks ago
  • Services Sector Falls, Will Mortgage Rates?


    Authority Authority:
    A familiar pattern is visible in today’s chart of the Institute of Supply Management’s Monthly Non-Manufacturing Index.  This index that depicts the relative strength of the services sector of the US economy saw a peak in early 2012 and a drop-off in April.  We have seen this same patern in other key economic ...
    3 weeks ago
  • Mortgage Rates Stay Put on Abstract Data


    Authority Authority:
    Wow, the economic data in the US is so confusing it would make calculus seem clear to a kindergartener! Every day it seems we get data that conflicts with other data, painting a picture that can only be described as—abstract.  I do not mean abstract art…simply abstract.  Today’s confusion lies in weekly ...
    3 weeks ago
  • Current Mortgage Rates Remain Low as Refinance Activity Declines


    MonitorBankRates.comAuthority Authority: 110
    We continue to see low current mortgage rates as we head into May. Mortgage rates which have been hovering just above record lows increased slightly in the Weekly Application Survey released by the Mortgage Bankers Association. In the survey, mortgage rates on 30 year conforming mortgages averaged 4.05% with 0.44 ...
    3 weeks ago
  • Employment Change Drop Helps Mortgage Rates


    Authority Authority:
    Employment Change according to ADP has declined substantially in the past month.  But more interesting than even the drop by 80,000 jobs since March is the fact that the jobs that were created were so heavily concentrated in small and mid-sized companies. For policy-makers and economists the challenge is clear: to ...
    3 weeks ago
  • Mortgage Rates: This One’s Going to Leave a Mark


    Authority Authority:
    Today’s ADP Employment Change report that provides a preliminary look at the jobs picture two days before the monthly Non-Farm Payrolls report is going to leave a mark on current mortgage rates .  Economic data have been all over the place lately—some positive, some negative, some flat.  The general consensus ...
    3 weeks ago

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