Currently viewing the tag: "Mortgage Rate Predictions"

Mortgage Rate Predictions | Week of November 29, 2010

On November 29, 2010 By

Last week was another holiday-shortened week marked by volatility. Mortgage rates improved on three of the four trading days, but still lost overall on the week as Wednesday posted a staggering 93 basis point loss, one of the 10 worst days of the year.

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Mortgage Rate Predictions | Week of November 15, 2010

On November 15, 2010 By

In last week’s interest rate predictions, we discussed that a holiday trading week could be a momentum-driven week. It was.

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Mortgage Rate Predictions: Week of May 24, 2010

On May 24, 2010 By

Mortgage rates improved yet again last week on continued bad news out of Greece, now to the point where it is impacting the entire Eurozone.

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Mortgage Rate Predictions: Week of April 26, 2010 (We Cheated)

On April 28, 2010 By

We cheated.  Admittedly.  After years of weekly on Mondays, our track record is pretty good.  This week we were blindsided and it delayed this week’s predictions.

Last week saw higher rates on FHA, conventional, and adjustable rates–everything ticked higher.  Volcanic ash cleared [...]

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Market Waits For Fed Press Release

On April 28, 2010 By

The adjourns from a scheduled, 2-day meeting today.This is one of the big 8 days scheduled every year.

Upon adjournment, Fed Chairman Ben Bernanke & Co. will release the brief press release that will hit the big question:  the Continue Reading →

Mortgage Rate Predictions & Unlikely Allies

On April 21, 2010 By

are always subject to countless variables, both foreign and domestic.  Don’t leave out Mother Nature.

In the 7 days since Iceland’s Eyjafjallajökull erupted, ash clouds have grounded planes, disrupted businesses, and stranded exports in [...]

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Mortgage Rate Predictions: Week of April 19, 2010

On April 19, 2010 By

We saw a second consecutive week of mortgage rate improvement last week.  Also for the second week in a row, the reason for the downward trend in was “safe haven” buying.

As we’ve discussed before, Continue Reading →

Mortgage Rate Predictions: Week of April 12, 2010

On April 12, 2010 By

Against all odds and common sense, improved last week.

The Fed turned off the $1.25T faucet and all expectations were for rates to surge higher.  Instead, the geopolitical nightmare that is and the Continue Reading →

Mortgage Rate Predictions: Week of April 5, 2010

On April 5, 2010 By

had a bad week.  It was ugly every day and marked two weeks in a row where rates deteriorated.

It came from all sides.  We had the normal volatility of a holiday week, there was strong economic news, and the Fed’s buyback/rate subsidy program [...]

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Mortgage Rate Forecasts: Week of April 5, 2010

On April 5, 2010 By

Mortgage markets performed terribly last week as losses piled up day by day. It marked the second straight week of sell-offs.

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