Today was the 5th day in a row where mortgage rates moved at...
Today was the 5th day in a row where mortgage rates moved at least a little bit lower. While rate movement is often the product of obvious underlying motivations in the economy or news headlines, today's was small enough to obviate any intense investigation. It's just as well considering such an investigation would have a hard time establishing any compelling causality. Translation: it was a fairly boring day for the bond market and mortgage rates serendipitously inched slightly lower.
Today was the 5th day in a row where mortgage rates moved at least a little bit lower. While rate movement is often the product of obvious underlying motivations in the economy or news headlines, today's was small enough to obviate any intense investigation. It's just as well considering such an investigation would have a hard time establishing any compelling causality. Translation: it was a fairly boring day for the bond market and mortgage rates serendipitously inched slightly lower. (read more)
There are few developments in bond market charts that can lead even fundamental analysts to acknowledge the technicals. One of the most common catalysts for this phenomenon is the simple range breakout following by a filling of the gap created between yields on 2 consecutive days at the time of the breakout. But such gaps are less common and less easy ... (read more)
On January 29 at 1PM ET, STRATMOR Group and T3 Sixty launch a new collaboration with a live T3 Insight TODAY webinar focused on the New Housing Services Ecosystem. (More below.) Things are evolving, or devolving, with compliance, and Blake Boss of ActiveComply joins Lenders One tomorrow to discuss what management should know about LOs & compliance. (Toda... (read more)
Interest rates displayed are national averages and for informational purposes only. Actual rates from lenders may vary based on several factors including, but not limited to, credit worthiness, ability to replay, credit score, down payment, loan term, etc.
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