Tag: should I lock or float?
Rate Update September 22, 2009
Mortgage rates are mostly unchanged from yesterday despite a sell-off in mortgage-backed bonds in the afternoon.
The major story today is the Fed’s record auction of 2-year notes. The Fed will sell $43 billion of them later this morning. The additional supply of fixed income securities will compete with mortgage-backed bonds for investment dollars. Should demand [...]
Posted: September 22nd, 2009 under Rate Update.
Tags: direction of mortgage rates sept. 22, mortgage rates sept. 22, sept. 22 mortgage rate outlook, sept. 22 outlook for mortgage rates, should I lock or float?, which way will rates go today setp.22
Comments: 1
Rate Update July 30, 2009
Mortgage rates ticked higher this morning. Watch today’s you tube video for an explanation.
Here are links that are referenced in today’s you tube video:
*‘Rate update’ at the beginning of 2nd-quarter earnings season
*‘Rate update’ at the beginning of this week on the subject of the treasury auctions
Current Outlook: locking
Posted: July 30th, 2009 under Rate Update.
Tags: direction of mortgage rates july 30, july 30 lock or float?, july 30 mortgage rate outlook, july 30 mortgage rates, lock or float mortgage rate july 30?, mortgage rate update july 30, should I lock or float?
Comments: 1
Rate Update June 23, 2009
As we know mortgage rates typically rise when the stock market rallies. That is the case this morning with the Dow Jones Industrial Average surging past the 9,000 mark for the first time since January.
Stocks are rallying on a flurry of positive earnings data from Ford Motor Co., AT&T, and 3M.
However, stocks are also benefiting [...]
Posted: July 23rd, 2009 under Rate Update.
Tags: direction of mortgage rates, interest rate outlook, july 23 mortgage outlook, july 23 mortgage rates, Rate Update, should I lock or float my interest rate?, should I lock or float?, will rates go up or down?
Comments: none
Markets expecting more interest rate volatilty
According to this article featured in the Economist magazine back at the beginning of July the markets are currently less certain about the future prospects of long-term interest rates (i.e. mortgage rates).
The chart to the left shows that the “implied volatility” in the interest rate market has increased rather significantly since the beginning of the [...]
Posted: July 10th, 2009 under Economics & Interest Rates, General Mortgage Info..
Tags: interest rate volatility, mortgage rates, Rate Update, should I lock or float?
Comments: none