Today's Market Trend-March 13, 2013MBS are down -3/32 (FNMA 30-yr 3.0 at 102.09), around 1/32 higher than yesterday at this time. Some favorable repricing was seen yesterday.Stronger than expected Retail Sales data...
With the big rise in the stock market, interest rates are under pressure leading to slightly higher rates.MBS are down -7/32 (FNMA 30-yr 3.0 at 102.30), around 7/32 lower than yesterday at this time. An improving outlook for...
Borrowers should be aware of some important FHA deadlines.Many of us rely on low down payment mortgage options when seeking to become a home owner. FHA mortgages, backed by the Federal Housing Administration, are one low down...
MBS are down -4/32 (FNMA 30-yr 3.0 at 103.14), around 21/32 higher than yesterday at this time. Favorable repricing took place yesterday. Early investors may have priced at much higher levels.Investors have partially reversed...
MBS are up +17/32 (FNMA 30-yr 3.0 at 103.17), around 23/32 above morning levels, and at the high for the day. Favorable repricing took place. An important election took place in Italy, and the results will not be known until...
MBS are down -4/32 (FNMA 30-yr 3.0 at 102.27), around 3/32 higher than yesterday at this time. Favorable repricing took place yesterday. Early investors may have priced at higher levels.This morning, January Industrial...
30-Year Fixed Rate MortgagesAccording to Freddie Mac's Primary Mortgage Market Survey (PMMS) average 30-year fixed rate mortgages held steady for the week ending February 7, 2013. The average 30-year fixed rate mortgage...
30-Year Fixed Rate Mortgages According to Freddie Mac's Primary Mortgage Market Survey (PMMS) average 30-year fixed rate mortgages rose for the week ending January 31, 2013. The average 30-year fixed rate mortgage rose...