Mortgage Rates remained unchanged today, even after a mid afternoon pullback in the FNMA 30 YR 4.5% which saw the MBS touch a low of 101.5625. REAL TIME MORTGAGE RATES!
Today we saw the AIG Hearing commence with the House Financial Services Committee question Fed Chairman Bernanke, Treasury Secretary...
Mortgage Rates sustained and maintained there position today SEE REAL TIME RATES!
Bank stocks posted strong gains after the new banking plan was released pre market.
After the Fed’s Wednesday afternoon announcement, rates fell to all-time lows before recovering sharply into the weekend on economic...
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Mortgage Rates improved slightly today. See Real Time Mortgage Rates
This week, there isn’t much economic news upon which to trade, save for Thursday Retail Sales data. Therefore, markets will look for other clues about the future of the U.S. economy.
Tuesday, Fed Chairman Ben Bernanke has a...
Today Mortgage Rates ended where they started. Prior to Obama’s Foreclosure Plan speech MBS reached their worst, which I am confident, put lenders fingers on the trigger. During the speech the majority of the losses were recouped. Overall we did see a good amount of action in the MBS today, which...
The week started out in a positive manner with rates improving both Monday and Tuesday, only to stall out on Wednesday and give back the majority of the gains Thursday and Friday. Mortgage Backed Securities ended the week with only a slight 3bp gain over last week. Friday we saw MBS give up -28bp (FNMA 30...