Rate Updates January, 2008

Rates Down Today on Stock Market Weakness anticipation of Unemployment Data Tomorrow

By:

Paul King - MortgageLoan.com | January 31, 2008

Mortgage Rates were down, bonds were up today by about 25 basis points, on stock market...

Fed Cuts .5% as Expected, Rates Up

By:

Paul King - MortgageLoan.com | January 30, 2008

The first Fed meeting of 2008 ended today with another cut to short term interest rates. In...

Rates Up Again on Strong Economic News; FOMC Meeting tomorrow

By:

Paul King - MortgageLoan.com | January 29, 2008

Bonds opened down on Tuesday following much stronger than expected economic reports. Rates today...

Mortgage Rates Flat at the Start of a Big Week for Rates

By:

Paul King - MortgageLoan.com | January 28, 2008

Mortgage markets were unchanged this morning even though we a huge decline in sales of new...

Rates Up On Yesterday's Weakness

By:

Paul King - MortgageLoan.com | January 25, 2008

Rates were down today as the bonds recovered some of the losses posted yesterday. Still, rates...

A Most Dramatic Week For Mortgage Rates

By:

Paul King - MortgageLoan.com | January 25, 2008

The benchmark 30 year fixed rate mortgage fell 2 basis points from 5.73 to 5.71 according a...

Rates Shoot Upward on Amazing Stock Market Recovery

By:

Paul King - MortgageLoan.com | January 24, 2008

In an amazing comeback rally yesterday, stock markets recovered AM losses and posted gains...

Rates Drop Again

By:

Paul King - MortgageLoan.com | January 23, 2008

The AM rates were down again today following morning stock market losses, although afternoon...

Fed Cuts Rates by .75% In Emergency Move; Mortgage Rates Drop

By:

Paul King - MortgageLoan.com | January 22, 2008

Today's market opened up following major stock market losses and an emergency move by the Federal...

Rates Sink This Week; Bernanke Concerned about Recession

By:

Paul King - MortgageLoan.com | January 18, 2008

The benchmark 30 year fixed rate mortgage fell 17 basis points from 5.86% last week to 5.69%...

Rates Up on Stock Market Recovery

By:

Paul King - MortgageLoan.com | January 18, 2008

The bond market was down Friday on mixed economic news and a stock market rally. Stocks...

Bernanke: Economy Weaking - Rates Dive

By:

Paul King - MortgageLoan.com | January 17, 2008

Mortgage rates were down today after remarks made by Ben Bernanke, the Fed Chairman. Bernanke...

Rates Up as CPI Raises Inflation Concerns

By:

Paul King - MortgageLoan.com | January 16, 2008

Bonds went negative this morning as the market digested a stronger than expected CPI report from...

Rates Drop on Weak CPI and Retail Sales Data

By:

Paul King - MortgageLoan.com | January 15, 2008

Rates were down today and bond prices up on weaker than expected economic news. Also, the stock...

Markets Flat in Anticipation of Tuesday's PPI and Retail Sales Data

By:

Paul King - MortgageLoan.com | January 14, 2008

Today's market rates are unchanged again in anticipation of news due to be released later this...

Countrywide and Bank of America News Upstages Rates

By:

Paul King - MortgageLoan.com | January 11, 2008

There was no significant economic news posted this week, and mortgage rates were largely flat...

Markets Remain Flat

By:

Paul King - MortgageLoan.com | January 10, 2008

Todays mortgage rates were again unchanged with no important economic data released and no...

Wednesday Mortgage Rates Flat Again

By:

Paul King - MortgageLoan.com | January 09, 2008

Rates were down again today following stock market gains. However, due to strength in yesterday...

Rates Unchanged Again Today

By:

Paul King - MortgageLoan.com | January 08, 2008

The bond market is down this morning, although retail rates may be unchanged due to strength in...

Rates Flat, Possibly a Calm Week for Mortgage Rates

By:

Paul King - MortgageLoan.com | January 08, 2008

The bond market opened flat today with no relevant economic news released. Rates should remain...

First Week of 2008: Mortgage Rates Plunge on Weak Economic Data

By:

Paul King - MortgageLoan.com | January 04, 2008

December's ISM (Institute of Supply Management) reported the weakest reading in almost 5 years...

Rates Drop on Weak December Unemployment Report

By:

Paul King - MortgageLoan.com | January 04, 2008

Mortgage bonds rallied again this morning on the release of much weaker than expected December...

Rates Tick Up, All Eyes on Friday's Employment Report

By:

Paul King - MortgageLoan.com | January 04, 2008

Rates were up today after weaker the expected economic news. Yesterday afternoon we received...

Rates Drop on Weak ISM Report

By:

Paul King - MortgageLoan.com | January 02, 2008

The bond market opened up on weak economic news. Rates should improve by .375 to price. The...