Rate Updates June, 2008

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...

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...

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...

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...

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...

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...

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. Rates will hover...

Leading Economic Indicators Forecasts Better than Expected

By:

Paul King - MortgageLoan.com | June 19, 2008

Bonds were down on Thursday as stocks started to rise in trading today. However, rates should...

Rates Up Despite Stock Weakness

By:

Paul King - MortgageLoan.com | June 19, 2008

Mortgage rates were again down Wednesday despite stock market weakness. Rates should improve by...

Rates Improve on Weak Economic Data

By:

Paul King - MortgageLoan.com | June 17, 2008

Bonds were up on favorable news for mortgage rates. Rates should improve by .25 to price today...

Tomorrow's PPI Report Anticipated

By:

Paul King - MortgageLoan.com | June 16, 2008

Bonds were up on Monday with no relevant economic news and a mixed stock market. Rates will...

Rates Continue To Rise This Week

By:

Paul King - MortgageLoan.com | June 14, 2008

The benchmark 30 year fixed rate mortgage increased 27 basis points from 6.31 to a level of 6.58...

Bonds Rise at Week's End

By:

Paul King - MortgageLoan.com | June 13, 2008

After a several days of decline, bonds on Friday rose, despite stock market gains. However...

Fed Beige Book Shows Weak Economic Conditions

By:

Paul King - MortgageLoan.com | June 11, 2008

The Fed reported late yesterday that economic conditions continue to be "generally weak"...

Fed Hints At Rate Hike, Rates Rise

By:

Paul King - MortgageLoan.com | June 10, 2008

Bonds were down today on inflation concerns. Stocks were up slightly and mortgage rates should...

Rates Up on Inflation Concerns

By:

Paul King - MortgageLoan.com | June 09, 2008

Bonds were down Monday as investors looked for inflation safe investment alternatives. Stocks...

May Unemployment Shows Largest Increase In 22 Years

By:

Paul King - MortgageLoan.com | June 06, 2008

Bonds were up and rates were down upon the release of May Unemployment numbers by the Department...

Productivity Improvements Ease Inflationary Pressure

By:

Paul King - MortgageLoan.com | June 04, 2008

Bonds were down again this morning in trading today as the stock market posted gains again...

Factory Orders Up, Mortgage Rates Up

By:

Paul King - MortgageLoan.com | June 03, 2008

Bonds were down on stronger than expected economic data and stock market gains. Rates however...

Bonds Up On Stock Weakness

By:

Paul King - MortgageLoan.com | June 02, 2008

Bonds were up today despite strong economic news. Rates however should still increase about .125...