30 Year Fixed Mortgage Rates hits 4%
Thursday, September 08
With the current stock markets in a frenzy and the complete haze over the future we look for interest rates to hover in the 3.875% to 4.125% over the near future. Jobless claims came in worse then expected this morning moving the Treasuries and the MBS markets to rally higher. The 10 yr. Trea...
Rates Holding but may give back some today
Wednesday, September 07
Look for the MBS Market to show weekness as stock prices rise The Day Ahead: Reports of Stimulus Spending Give Stocks Boost Sep 7 2011 Strong GDP in Australia and rumors of a $300 billion jobs plan from President Obama have Treasury yields backing ...
Mortgage rates below 4% The week Ahead
Tuesday, September 06
The Week Ahead: Safe Haven Trades Explode Sep 6 2011 Investor sentiment failed to improve over the long weekend, sending U.S. Treasury bond prices to unprecedented heights.European markets took a beating on Monday with Germany's DAX falling more than...
Get Ready To Lock, Mortgage rate 3.75% and Why Should You Move Now
Friday, September 02
I have been watching the markets (Stock, Treasuries and MBS) over the past few weeks and have seen a strong decline in interest rates with a moderate turn back in recent days. I have been locking in 30 year fixed rates as low as 4% with no points. I have been through this before and a lot of ...
Mortgage Rate Rise? Today
Tuesday, August 30
I am looking for the markets to give back what they have gained over the past few up sessions. Remember that an up session usually, not always, means Mortgage rate are rising as well Treasuries are rebounding from Monday's losses and the equity rally looks a bit overdone, at least until inve...
Mortgage Rates Rise: The Week Ahead
Monday, August 29
If you need any advice or help with a Mortgage I am here to help. There are many government programs to help you with a mortgage that may be underwater. (No pun intended for those of us in the Northeast) If a loan can get done I can do it for you. Email me any question you may have, pre-qualifi...