Rates Jump on Strong Employment Report

ISM Results Stronger Than Expected; Yet Bonds Still Rise

By:

Paul King - MortgageLoan.com | July 01, 2008

Bonds were up today regardless of reported stronger than expected economic news. However rates will not change today due to weakness from Monday afternoon trading.

July 4th Holiday Week Starts With Rates Flat

By:

Paul King - MortgageLoan.com | June 30, 2008

Monday bonds have been flat, however rates should improve today by about .375 to price due to strength from Friday's trading.

Stock Weakness Persists, Rates Down

By:

Paul King - MortgageLoan.com | June 27, 2008

Bonds were up again as stock market weakness persisted today. Rates should improve by .125 to price.

Rates Down On Stock Woes

By:

Paul King - MortgageLoan.com | June 26, 2008

Bonds were up today as stock markets took a beating on fear of continuing problems in the banking sector. Mortgage rates should improve by .25 to price.

Fed Makes No Change to Key Interest Rates

By:

Paul King - MortgageLoan.com | June 25, 2008

The FOMC finished this afternoon with the announcement from the Fed that there would be no change to key short term interest rates.

Consumer Confidence at Lowest Level Since February 1992

By:

Paul King - MortgageLoan.com | June 24, 2008

Bonds were up today on weaker than expected economic data. The stock markets are also down, and rates will likely improve by at least .125 to price.

Week Focused on FOMC, Consumer Confidence Reading

By:

Paul King - MortgageLoan.com | June 23, 2008

Stocks were down, Bonds were up today, with mortgage rates increasing by about .125 to price today as a result of weakness from Friday afternoon trading.

Rates Down as Stocks Tumble

By:

Paul King - MortgageLoan.com | June 20, 2008

Rates were down today as stocks took a tumble in trading today and bonds rose.