Mortgage Rates started the week in a positive manner improving as MBS posted a 31pb gain.  See Monday March 2, 2009 Mortgage Rates.  The DOW on the other hand started the month like a lamb, to date the DOW is down 22.9% . Wednesday, the White House is expected to release the details of the Homeowner...

What a way to start the week!  Mortgage Rates improved slightly today, look for even better pricing tomorrow, after MBS (FNMA 30 YR 4.5%) posted a healthy 38pb improvement.  Check Real time Mortgage Rates. For the technical’s Friday looked to be Morning DoJo, this could be the starting point...

MBS finished the day down -34bp (FNMA 30 YR 4.5%) this helps push Mortgage Rates higher for borrowers. See Real Time Mortgage Rates. The losses have been accredited to the possible passing of the new Stimulus which will/could lead to future inflation; the other item taking blame is Wednesday’s scheduled...

Does you lender have access to live, real time, mortgage bond quotes? If a lender cannot explain how Mortgage Bonds and interest rates are moving in real time and warn you in advance of a costly intra-day price change, you are talking with someone who is still reading yesterday’s newspaper, and...

Over the next few days I am going to provide readers and Mortgage Rate Shoppers with information on how to correctly and effectively shop Mortgages. These are “SIMPLE QUESTIONS YOUR LENDER ABSOLUTELY MUST BE ABLE TO ANSWER CORRECTLY. IF THEY DO NOT KNOW THE ANSWERS.RUN.DON’T WALK. RUN.TO A LENDER...

Don’t worry if you did, they will come back? Maybe? If market analysis tells us anything; the individuals who play in the market are creatures of habit.  Given we are headed into a weekend coupled with a Holiday shortened week; we could see the flight to security begin accepting boarding passes Friday. ...

Interest rates change constantly, but it is important to know that rates are cyclical. If rates are currently at historical lows then we know there is a strong probability rates will go up again, and vice versa. Certain economic indicators such as unemployment data, consumer price index, retail sales...

Today the 5% FNMA 30 YR lost 19bp in preparation for the Federal Reserve announcement.  We will most likely see a loss of 18bp, although the loss could be greater with the possibility of Mortgage Rates moving from the current 5% par to 5.25%-5.375%. You may be asking why would rate move higher if the...

Another wild week in the U.S. economy. Friday capped the week off with the DOW closing in the green up 259.18 pts (positive note), although the day started out negative with job losses that mirrored 1974 numbers, and more of the same old bleak news in regards to mortgage delinquencies and foreclosures. ...

The FNMA 30 YR closed in the green today gaining 31bp for the day, the first positive day in MBS since last month (Nov, 28). The positive day came on the heels of the Market speculation that the Fed/Treasury will step in and bid/buy bonds in an attempt to drive mortgage rates to a target rate of 4.5%....