Rate Updates March, 2008

Rates Down As Week Begins

Bonds were up today in anticipation of the week's reports. We should see an improvement to...

Rates Rise This Week on Mixed Economic Reports

The benchmark 30 year fixed rate mortgage increase 19 basis points from 5.83% to 6.02% according...

Rates Down In Afternoon Trading

Bonds are up today and mortgage rates are trending downward in afternoon trading. Expect rates...

Rates Up In Anticipation of Consumer Data Tomorrow

Mortgage rates opened up despite no relevant economic data. Rates increased today by about .25...

Rates Down On Weak Economic Reports

Mortgage rates are down slightly on weaker than expected economic news. Rates should improve by...

Rates Neutral to Better On Weak Consumer Confidence Data

Bonds were neutral to positive today, recovering some of yesterdays losses in the morning and...

Rates Up On Strong Housing Report

Mortgage rates are higher on a stronger than expected economic report and a stock market rally...

Bonds Up, Rates Down to Neutral

Bonds were up this morning but have given back most of the early gains at this point today...

Fed Cuts Rate .75%, Mortgage Rates Increase

Mortgage bonds are selling off this afternoon after the Federal Reserve announced a cut to the...

Bonds Rally, Stock Markets Shudder on Banking Crisis

Rates were down this morning as the bond markets reacted positively to stock market losses, and...

Rates Down This Week, No Consumer Price Inflation Reported

The drama of the week continued to be centered around the push and pull between concerns about...

CPI Unchanged, Rates Improve

Rates were down today after consumer prices from February were reported with much weaker than...

Rates Up Anticipating CPI Woes

Bonds are down today despite weaker than expected economic news. You may see rates improve...

Mortgage Rates Down, Stocks Up

Wednesday's market is up, with rates improving around .375 to the points, despite stock market...

Bonds Down As Fed Injects $200 Billion into Markets

The stock market posted strong gains today, following a surprise move by the Fed to add further...

Recession Fears Bring Rates Down

Bonds were up today on recession fears. Rates should improve at least 25 basis points over...

Rates Head Upward on Inflation Concerns This Week


 

February Unemployment Levels Very Weak; Bonds Improve

With the release of February's weak unemployment data, bond markets yesterday bonds have improved...

Rates Continue Their Upward Climb

Rates jumped more than .625 in price today over yesterday on continued inflation concerns. All...

Rates Rise on Continued Inflation Concerns

Bonds were down over 100 basis points today, as inflation fears mounted. Mortgage rates...

Fed Warns On Inflation, Rates Up

Rates were up in the morning, on inflation concerns sparked by Fed comment. Rates should increase...

Rates Up on Weak Dollar; International Inflation Concerns

Bonds are down over international concerns about the weak dollar and US inflation. Rates will...

Rates Make Stead Declines On Bernanke's Testimony

Despite mixed economic reports this week, rates steadily declined.  Largely the focus was on...

National Rates

Loan Type Today
30 Year Fixed   6.11
15 Year Fixed   5.75
5/1 Adjustable   5.83

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