RECENT BLOG POSTS
Interest Rates Fall and Rise With News Out of China August 2015 Interest rates had another rollercoaster week last week with the Mortgage Backed Security (MBS) Market trading all over the board. On Tuesday, the MBS market closed up + 53 bps with news out of China that they were going to stop ma...
08/18/2015
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Interest Rates Steady After Jobs ReportAugust 2015 Interest rates had an up and down week with large swings in the Mortgage Backed Securities (MBS) market in both a positive and negative direction. The MBS market closed last week trading down -2 bps, and also closed Monday down – 24 bps. 30 year ...
08/10/2015
Interest Rates Hit 2 Month Lows!!August 2015 Interest rates improved again last week pushing interest rate pricing to their lowest levels in over 2 months. The Mortgage Backed Security (MBS) market finished the week trading up + 47 bps. 30 year fixed rates are now available at 3.875% paying .89 p...
08/03/2015
Interest Rates Continue Steady Improvement July / August 2015 Interest Rates continued their steady improvement last week with the stock market trading way down and investors putting their money in the safety of the bond market. The Mortgage Backed Security Market(MBS) traded up every day after ...
07/28/2015
Interest Rates Improve – Trading in Narrow Range July 2015 Interest rates improved last week after making a big jump up on Monday. The Mortgage Backed Security Market(MBS) traded up every day after Monday and concluded the week trading up + 22 bps. 30 year fixed rates are now available at 4.125%...
07/22/2015
Interest Rates Very Volatile with Unrest in Greece and China July 2015 Interest rates hit their best levels in a month on Wednesday. The Mortgage Backed Security (MBS) market was trading way up for the week as investors were seeking security in US bonds due to unrest in Greece and China. When the...
07/12/2015
Interest Rates Improve Last Week , Lose Gains on Monday June 2015 Interest rates improved to 3 week lows on Friday with the Mortgage Backed Security (MBS) market closing up + 68 bps on the week. Unfortunately all those gains were erased on Monday with the MBS market closing down – 59 bps on Mond...
06/24/2015
Interest Rates Improve with FED statement Interest rates improved last week and so far this week although each day has been an adventure. Last week the Mortgage Backed Security (MBS) closed trading up + 32 bps – helping interest rates modestly improve for the week. That being said there were larg...
06/18/2015
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MAY 2015 FUNDING FIGURES - TEAM GREEN. May was one of the toughest months of my career with a bunch of tough loans. Glad we were still able to have a successful month. Thanks to my family, Team Green - Jolyn and Nate, our title partners Dane, Dina, Toni, and Teresa, our appraisal team Property Ra...
06/09/2015