Rate Updates February, 2008

Rates Continue Their Descent

By:

Paul King - MortgageLoan.com | February 29, 2008

Rates continued their descent today despite stronger than expected economic reports. The stock...

Rates Drop Again on More Weak Economic Data

By:

Paul King - MortgageLoan.com | February 28, 2008

Rates continued to drop today following more weak economic news. Including the rally from...

Bernanke Indicates More Rate Cuts Possible

By:

Paul King - MortgageLoan.com | February 27, 2008

Bonds rallied today following weaker than expected economic news and testimony from Fed Chief...

Rates Up on PPI Inflation Concerns

By:

Paul King - MortgageLoan.com | February 26, 2008

Rates continued their relentless rise today on stronger than expected Producer Price Index...

Rates Up on Stronger Than Expected New Home Sales

By:

Paul King - MortgageLoan.com | February 25, 2008

Mortgage rates were up today on stock market gains. Rates should increase today by .25 to the...

Rates Continue to Rise

By:

Paul King - MortgageLoan.com | February 22, 2008

Refinancing activity was sharply down this week, after the steady rise of the 30 year fixed rate...

Friday's Rates Down

By:

Paul King - MortgageLoan.com | February 22, 2008

The bond market opened up today on stock market losses. Rates should improve today by about .125...

Rates Drop Today, Leading Economic Indicators Weak

By:

Paul King - MortgageLoan.com | February 21, 2008

Mortgage rates today dropped approximately .5 to the points over yesterday morning. Continued...

CPI Shows Inflation Pressure, FOMC Cautious About Future Rate Cuts

By:

Paul King - MortgageLoan.com | February 20, 2008

Bonds opened up today in spite of the stronger than expected than CPI results. Rates will drop...

Rates Down On Stock Rally

By:

Paul King - MortgageLoan.com | February 19, 2008

Bonds dropped today following stock market gains. Rates are presently down .25 to price over...

Empire State Index Plunges, Rates Down

By:

Paul King - MortgageLoan.com | February 15, 2008

Rates were down this morning, bonds slightly higher on weak economic data. Rates could drop by...

Rates Up This Week, Economic Confidence Rises

By:

Paul King - MortgageLoan.com | February 15, 2008

With a cadre of economic heavyweights voicing their opinion that the economy may not be so bad...

Benanke Says No Recession, Rates Up

By:

Paul King - MortgageLoan.com | February 14, 2008

Stock Markets posted losses in trading this morning, and mortgage rates sank as well, with retail...

Rates Flat, Retail Sales Data Higher Than Expected

By:

Paul King - MortgageLoan.com | February 13, 2008

Bonds were down on opening after a stronger than expected sales report. Due to strength in...

Rates Flat, No News Due Out Until Wednesday This Week

By:

Paul King - MortgageLoan.com | February 12, 2008

Mortgage rates will likely see no change today with markets relatively flat Monday. There...

Rates Up Today On Stock Market Gains

By:

Paul King - MortgageLoan.com | February 12, 2008

The bond market was down this morning on a stock market rally. Mortgage rates should post...

Rates up on Yesterday's Lackluster Bond Auction

By:

Paul King - MortgageLoan.com | February 08, 2008

The bond market on Friday opened up regardless of the fact that there was no news released today...

Rates Relatively Unchanged

By:

Paul King - MortgageLoan.com | February 07, 2008

Today's weekly unemployment claims showed a higher than expected than result, and bonds are flat...

Rates up on Productivity Report

By:

Paul King - MortgageLoan.com | February 07, 2008

4th Quarter Productivity and Costs data exceed expectations today, and rates increased on...

Surprise ISM Report Causes Rates to Drop

By:

Paul King - MortgageLoan.com | February 05, 2008

The bond market is up after unexpected data from the ISM report. The stock market is also...

Rates Up on Stronger Manufacturing Activity Data

By:

Paul King - MortgageLoan.com | February 04, 2008

Rates opened up today on strong economic news, despite stock market losses. Rates may increase...

Fed Cuts Rates, Rates Stay Flat

By:

Paul King - MortgageLoan.com | February 01, 2008

The benchmark 30-year fixed rate mortgage dropped 3 basis points to 5.73% according to a...

Rates Unchanged On Mixed Employment Report

By:

Paul King - MortgageLoan.com | February 01, 2008

Bonds are flat today on the release of mixed economic news. Rates will likely stay unchanged...