Mortgage markets improved last week — but barely — as ongoing doubt surrounding the health of Greece and the Euro pushed additional investors into safe assets, including mortgage bonds.
What’s Ahead For Mortgage Rates This Week : May 17, 2010
Category: Weekly Review
What’s Ahead For Mortgage Rates This Week : May 10, 2010
Mortgage markets improved to their best levels of 2010 last week, aided by events half a world away and ongoing safe haven buying. Greece’s debt problems continue to help mortgage rate shoppers around the country.
What’s Ahead For Mortgage Rates This Week : May 3, 2010
Mortgage markets improved last week on tame inflation data, a benign statement from the Federal Reserve, and ongoing credit problems in Greece. The factors combined to drop conforming mortgage rates to their lowest levels in 6 weeks.
What’s Ahead For Mortgage Rates This Week : April 26, 2010
Mortgage rates rose last week. This week, economic data will be at the forefront, as will the Federal Reserve which meets for one of its 8 scheduled meetings of the year.
What’s Ahead For Mortgage Rates This Week : April 19, 2010
Mortgage markets improved last week for the second week in a row. And, also for the second week in a row, rates were down on “safe haven” buying — just not for the same safe haven reasons as before.
What’s Ahead For Mortgage Rates This Week : April 12, 2010
If you’re floating or shopping a loan right now, be wary of market volatility. Rates have been jumpy since April 1 and mortgage rates are changing quickly. This week, locking in before Wednesday may be your safest, near-term rate locking strategy.
What’s Ahead For Mortgage Rates This Week : April 5, 2010
Mortgage markets performed terribly last week as losses piled up day by day. It marked the second straight week of sell-offs.
What’s Ahead For Mortgage Rates This Week : March 29, 2010
Mortgage markets tanked last week, raising rates to their highest levels in a month. Most of the losses occurred Wednesday in what was the worst 1-day mortgage market performance in more than 6 months.
What’s Ahead For Mortgage Rates This Week : March 22, 2010
Mortgage markets closed unchanged last week, but that’s not say mortgage rates were calm. Monday through Wednesday, rates improved steadily before a swift, late-week sell-off unwound the gains. The speed of the Thursday-Friday reversal may signal that markets are preparing for change.
What’s Ahead For Mortgage Rates This Week : March 15, 2010
Mortgage markets worsened last week with little economic news to push markets in either direction. Momentum trading and rebalancing of portfolios drove mortgage rates higher, on average, for the first time this month.