Mortgage Rates Head Lower

Mortgage rates are again trending lower on a very short trading day.

Mortgage Rates Stay Low Through Holiday

Mortgage rates stay low, but volatile with an upward trend.

Mortgage Rates Continue to Improve

Mortgage rates are still improving from the confidence boost issued by Fed Chairman Bernanke last Tuesday.

Mortgage Rates at 37 Year Low

Mortgage rates have dropped to the lowest rates since 1971. The 30-year mortgage is now reported by Freddie Mac at 5.19 percent.

Fed Slashes Rate to 0.25-0%

Today the Federal Reserve slashed it's key rate to a floating rate between 0.25% and 0%.

Mortgage Rates Flat

Mortgage rates remain flat today. Market anticipates Federal Reserve benchmark rate announcement tomorrow.

Auto Bailout Fails, Mortgage Rates Lower

The auto bailout fell apart in the Senate yesterday, as Senate Majority Leader Harry Reid (D-NV) pulled the plug on the legislation.

30-Year Fixed Down, Time to Buy?

Director Lockhart, Fannie Mae and Freddie Mac chief regulator, talks about moving mortgage rates down to 4 percent.

Mortgage Rates Inching Down

Mortgage rates continue to improve. Slowly moving downward in anticipation that the US government will force them down to 4.5 percent.

Mortgage Rates Flat

Mortgage rates have hit a temporary stability for the last few days.

Will Auto Deal Move Mortgage Rates?

Mortgage rates look to open flat. However, good news on the auto industry front may move the stock market up and mortgage bonds down.

Mortgage Rates End Week Down

Mortgage rates a positioned to end the week down again.

Treasury May Push Rates Down to 4.5%

US Treasury is currently considering a plan to push new home mortgage rates down to 4.5 percent.

Rate Volatile, but Flat

Lots of volatility today, reflecting the equity market volatility.

Mortgage Rates Stuck Again

Although mortgage rates descended to a new low in the past week, they are now stuck at these new levels.

Mortgage Rates Down 0.75%

Mortgage rates dive nearly a full percent. The 30-year fixed-rate mortgage drops to 5.5 percent in one of the largest single-day dips since 1988.

Mortgage Rates Flat

Mortgage rates closed last week relatively flat. You can expect a similar result on this short week.

Mortgage Rates Will Move

Expect significant mortgage rate movement today with the release of CPI.

Mortgage Rates Drop

Mortgage rates drop again for the second straight week.

TARP Redirect Plunges MBS

US Treasury Secretary Paulson's sharp redirection on the objective of the TARP funds had a dramatic effect on overnight markets and the MBS market.

Veterans Day-Markets Closed

Mortgage rates stay flat on Monday and markets are closed today for Veteran's Day.

Mortgage Rates Fall for Week

Mortgage rates continue to fall, but rising unemployment and tightening lending standards are forcing borrowers to stay on the sidelines.

Mortgage Rates Back Down

30 year fixed rate mortgage is back down to 6 percent.

Mortgage Rate Watch

Yesterday was a good day for mortgage rates as they eased on the eve of Presidential election finality. However, today is likely to be a mortgage market referendum on President-elect Barack Obama.

Choppy Waters for Mortgage Rates

Not a lot of mortgage rate impacting news this week, but Presidential elections always do surprising things to markets.

Mortgage Rates Jump on Market Rally

Mortgage Rates Up as Yields Spread

Yields on Fannie Mae, Freddie Mac, and Ginnie Mae mortgage bonds continue to widen as compared to US Treasuries. This gap is pushing mortgage rates back up.

Mortgage Rate Down as Credit Begins to Thaw

Mortgage rates will open the week significantly lower as last week showed signs of credit beginning to thaw in the interbank, commercial, and consumer markets.

Markets in for Wild Ride

Asian markets down 10%, European markets down 7%, and US Futures triggering circuit breakers well before US market open.

30 Year Fixed Hovers at 6%

Mortgage rates continue to bounce up and down, but seem to continue finding equilibrium around the 6 percent mark for 30 year fixed rate.

Mortgage Rates Volatile

The market is still trying to find its equilibrium, which continues to inject volatility into the equities and bond markets--mortgage rates.

Mortgage Rates Continue to Rise

Mortgage rates continue to rise as volatility continues to invade the equities market causing the same erratic movement in the debt markets.

Mortgage Rates and Applications Up

Mortgage Rates on the Move

Mortgage Rates Likely to Rise

Expect ongoing uncertainty and volatility in mortgage rates today.

Mortgage Rates Operating in Unprecedented Environment

Mortgage rates are now officially operating in a historically unprecedented environment. This would trigger broad, cautious counsel to lock rates. Although we have seen steady downward pressure on mortgage rates throughout the week yesterday sparked an unusual effect in the bond markets.

Mortgage Rate Tumble

Mortgage rates continue to fall.

Expect Volatile Mortgage Rates

Mortgage rates are expected to be volatile today as market determine how they will react to coordinated worldwide central bank rate cut.

Mortgage Rates Drop on Equity Fears

Mortgage rates continue to drop as fear seizes the equity markets.

Senate Passes Bailout

Senate decisively passes the $700 billion financial market stability legislation.

Mortgage Applications Plunge

Mortgage rates balance on little to no activity, while mortgage applications plunge.

Mortgage Rates Down

Mortgage rates descend, but won't make it easier to get a mortgage.

Mortgage Rates Flat

Expect mortgage rates to remain stagnant.

Mortgage Rates on Rise

Mortgage rates continue to climb as the market anticipates the final details of the $700 billion bailout.

Slight Uptick in Rates

Mortgage rates continue subtle upticks as the Treasury bailout plan gets Congressional scrutiny.

Mortgage Rates Neutral, Looking for Clarity

The Bond market struggled early Monday and then trading thinned as investors look for clarity.

Eyes on Bonds

Today will set the tone for this week's mortgage rates.

Mortgage Rate Volatility

Mortgage rates are certain to volatile over the next few weeks.

Mortgage Rates Up

Mortgage rates beginning to climb.

The Fed Meets Today

After a weekend filled with US government and Wall Street deal making, a Monday opening that hit the stock market as hard as the 9/11 terrorist attacks, and a mortgage market continuing to crash the only certainty is that the Fed will not raise the target funds rate.

30-Year Fixed at 5 Month Lows

Well below 6 percent for a 30-year fixed mortgage, mortgage rates drop to 5 month lows.

30-Year Fixed Down on Fannie, Freddie Bailout

Government rescue of Fannie Mae and Freddie Mac has intended effect--mortgage rates are heading down.

Mortgage Rates Head Downward

Market proves Fannie, Freddie can continue to competitively finance debt. Sends Fannie, Freddie stock up and the US Dollar is ticking up.

Market Watches Freddie Debt Sale

All mortgage and investor market eyes are on Freddie Mac's debt sale today.

30 Year Mortgage Rate Continues to Decline

The 30-year fixed mortgage rate continues to decline slightly everyday. Currently, it has reached its lowest level in 6 weeks and is lower than the same time last year.

Mortgage Rates Continue Fall

Mortgage rates continue to fall slightly, but don't expected it to be the long-term trend.

Rate Update 2008-08-27: FOMC Minutes

The recently released FOMC Minutes reflect a general consensus that inflation is the primary Fed concern.

Existing Home Sales Up

The National Association of Realtors report that existing home sales climbed in July, exceeding expectations.

Bernanke:Inflation Uncertain

Bernanke assures market the Fed will "act as necessary."

Rate Update 2008-08-22: Bernanke Speaks Today

A full agenda of challenges greets the Federal Reserve governors at there annual Jackson Hole, Wyoming symposium.

Mortgage Rates Decline, but...

Mortgage rates continue to show slight declines, but look at it as a temporary trend or if you are a borrower a fleeting opportunity.

Rate Update 2008-08-20: Mortgage Rates Stagnant

Mortgage rates continued to hold steady yesterday despite the expected report of steep declines in housing starts.

Rate Update 2008-08-19: Housing Starts Today

Expect a brief early trading panic as housing starts are expected to be off on a 10% decline--returning to little or no change for the day.

Rate Update 2008-08-18: Mortgage Rates Expected to Remain Quite

With a light week of economic reports expect a quite week in mortgage rates.

Rate Update 2008-08-15: Expect Little Change in Mortgage Rates

A day full of economic reports, but little news expected that is not already priced into the mortgage rate market.

Rate Update 2008-08-14: 30 Year Mortgage Rate Remains Flat

Freddie Mac reports the average 30-yr mortgage rate was flat 6.52% for the 3rd week, in the latest report while the 15-yrs dropped to 6.07% from 6.10% and the average 1-yr adjustable rate dropped to 5.18% from 5.22% (Reuters)