Wall Street continued its flight-to-quality last week. Mortgage-backed bonds are now at their best levels since early-February. Mortgage rates have improved 4 straight [...]
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Mortgage rates dropped last week, but, this week, there appears to be more reasons for rates to rise than fall. Plan [...] According to Freddie Mac, mortgage rates made their largest 1-week jump in more than a year last week, tacking on 0.24 percent and bringing the average national 30-year fixed mortgage rate up to 5.05%. In some markets, rates are even [...] 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 [...] 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 [...] Mortgage markets worsened last week in a holiday-shortened trading week. For the second straight week, conforming and FHA mortgage rates [...] 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 [...] Mortgage markets improved last week during a snow- and holiday-thinned series of sessions on Wall Street. This week, it’s back to [...] |
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