Currently viewing the tag: "interest rate predictions"

What an interesting couple of weeks.  After a massive rally just two weeks ago accounting for a 109 basis point (1.09 discount points), last week saw a sell-off of 97 (.97 discount points).

Volatility everywhere and nary a leader in sight.  Not so fast, [...]

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Today's Mortgage Rates

On March 16, 2011 By

Interest rate predictions this week were pretty simple: Expect wild, wild swings. We’re getting them.

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Mortgage rates may dip a little more this week, but they’ll need to go down at least another .25% to offset the increases in mortgage costs that hit later this spring.

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After brutal losses on Wednesday and Thursday, mortgage rates rallied back on Friday to close the week virtually unchanged.

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There are some times when you just say “if that’s not enough to make mortgage rates come down, they’re not coming down.” This might be one of those times.

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

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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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If you’re looking to dial in your mortgage rate predictions, tune your crystal ball to the jobs report, not the unemployment rate.

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