Currently viewing the category: "Weekly Review"

Mortgage rates rose for the 4th time in 5 weeks last week, extending a losing streak which dates back 4 months. This week, they should do the same.

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Mortgage rates fell last week as the geopolitical mess in Egypt trumped a week of otherwise positive economic data.

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Mortgage markets improved this week as positive economic data was overshadowed by geopolitical strife. A flight-to-quality drove buy-side activity in mortgage bond markets, which, in turn, helped conforming rates fall.

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Mortgage rates worsened last week in a holiday-shortened trading week. For the second straight week, conforming and FHA mortgage rates increased.

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Mortgage markets worsened last week in a holiday-shortened trading week. For the second straight week, conforming and FHA mortgage rates increased.

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Mortgage rates deteriorated last week after concerns over the mess that is Europe lessened…for now.

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Mortgage markets worsened last week on a turn-around in sentiment across the Eurozone. The sort of “safe haven” buying that had buoyed mortgage bonds since the New Year dissipated, and mortgage rates resumed climbing.

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Mortgage markets gained last week. Demand for mortgage-backed bonds outweighed supply and conforming and FHA mortgage rates edged lower.

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Mortgage markets gained last week. Demand for mortgage-backed bonds outweighed supply and conforming and FHA mortgage rates edged lower.

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A growing economy has higher mortgage rates. An argument against the economy actually growing is that inflation and other costs will cripple our growth. Inflation also pushes mortgage rates higher.

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