Amid Fed taper confusion, rates have dipped slightly this week, but the primary mortgage market survey comes with a sign. What does it all mean? Read on to find out!
Tag Archives | Mortgage Rates
Once you’ve chosen a lender and your mortgage product is decided, you need to lock into an interest rate based on the market at that particular time. It’s important to lock in your rate because the market is always changing and rates can easily go up. It’s a guessing game that most people don’t want to play.
After an unclear statement on bond tapering from the Fed, mortgage rates reacted by jumping higher. By how much? Read this week’s Primary Mortgage Market Survey to find out.
Today is a slow economic news day with the Chicago Fed Index out at 8:30 a.m. and the Redbook out at 8:55 a.m. Most investors are waiting for the FOMC minutes to be released tomorrow.
After weeks of sporadic movements, mortgage rates are at a steady level for now. See how affordable the rates are in this week’s Primary Mortgage Market Survey.
After weeks of ups and downs, mortgage rates have reached calm waters for the week. What does it mean for your finances? Read more in this week’s primary market mortgage survey.
Remember when the market cared about the Trade Deficit? The once important report failed to move the needle yesterday.
Stronger-than-expected ISM manufacturing data started a sell off that continued until the closing bell. Several dealers put out revised NFP forecasts and big block trades with less than 20 minutes before the Treasury close.
Despite efforts from the Federal Reserve to increase mortgage bond purchases, rates managed to rise slightly before this announcement. How far did they rise? Let’s find out in this week’s Primary Mortgage Market Survey.
Thank you, Ben Bernanke. The market rallied after Ben reaffirmed that he might keep purchasing bonds, depending on economic data. This morning however, treasuries are down ahead of reports that should show manufacturing growth quickened while unemployment rates fell.