Rates Jump Up on Strong ISM Report
- By:
- Paul King | April 02, 2008
Mortgage rates are up today on stock market gains. Rates can be expected to increase today by as much as 50 basis points.
The stock rally and the weakness in bonds comes as a result of stronger than expected data from this morning's ISM manufacturing index which showed that the index actually rose, while it had been expected to decrease. This is good news for the state of the economy, bad news for rates.
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Mortgage Rates Drop on Equity Fears
- By:
- Bill Rice - MortgageLoan.com | October 07, 2008
Mortgage rates continue to drop as fear seizes the equity markets.
Senate Passes Bailout
- By:
- Bill Rice - MortgageLoan.com | October 02, 2008
Senate decisively passes the $700 billion financial market stability legislation.
Mortgage Applications Plunge
- By:
- Bill Rice - MortgageLoan.com | October 01, 2008
Mortgage rates balance on little to no activity, while mortgage applications plunge.
Mortgage Rates Down
- By:
- Bill Rice - MortgageLoan.com | September 30, 2008
Mortgage rates descend, but won't make it easier to get a mortgage.
Mortgage Rates Flat
- By:
- Bill Rice - MortgageLoan.com | September 29, 2008
Expect mortgage rates to remain stagnant.
Mortgage Rates on Rise
- By:
- Bill Rice - MortgageLoan.com | September 26, 2008
Mortgage rates continue to climb as the market anticipates the final details of the $700 billion bailout.
Slight Uptick in Rates
- By:
- Bill Rice - MortgageLoan.com | September 24, 2008
Mortgage rates continue subtle upticks as the Treasury bailout plan gets Congressional scrutiny.
Mortgage Rates Neutral, Looking for Clarity
- By:
- Bill Rice - MortgageLoan.com | September 23, 2008
The Bond market struggled early Monday and then trading thinned as investors look for clarity.
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