RECENT BLOG POSTS
WEEKLY RATE – Rates Improve Last Week with Fed CommentsMarch 2016Interest rate pricing moderately improved last week bolstered by comments from the FED.The Mortgage Backed Security (MBS) market closed last week up + 59 bps. This has kept interest rate pricing in the 3.75%-3.875% range. The FED s...
03/22/2016
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WEEKLY RATE – Rates Slowly Rising as the Stock Market Rebounds March 2016 Interest rate pricing has been slowly rising. The stock market had one of it’s worst starts to a year ever in 2016. This pushes investors into safer bonds and mortgage backed securities which improves interest rate pricin...
03/07/2016
WEEKLY RATE – Rates Hovering Near 3 Year Lows March 2016 Last couple of weeks have been up and down with interest rates see-sawing but consistently remaining right around their recent lows. The Mortgage Backed Security (MBS) market closed last week down -16 bps, but traded up + 18 bps on Monday. ...
02/29/2016
Mortgage News and RatesMortgage News and Rates WEEKLY RATE – Interest Rates Slightly Improve after FED Announcement WEEKLY RATE – Interest Rates Slightly Improve after FED announcement January 2016 The stock and oil markets have shown a ton of volatility over the past 2 weeks, but rates have rema...
01/28/2016
WEEKLY RATE – Interest Rates Approach 6-7 Month Lows January 2016 Interest rates continued to improve last week with the shakiness in the stock and oil markets, and investors seeking safety in bonds and treasuries. The Mortgage Backed Security (MBS) market closed last week + 46 bps, pushing rate...
01/20/2016