Rate Updates July, 2008

Rates Improve On Evidence of Slowing Economy

By:

Paul King - MortgageLoan.com | July 31, 2008

Bonds were up today, and rates down on economic news that is good for mortgage rates. Rates...

Rates Flat Today, No Economic News

By:

Paul King - MortgageLoan.com | July 30, 2008

Bonds were down again, but not enough to change mortgage rates today, as stocks rallied. There...

Consumer Confidence Up, Mortgage Rates Up

By:

Paul King - MortgageLoan.com | July 29, 2008

Bonds are down Tuesday following stronger than expected economic news and stock market gains...

Rates Drop on Stock Weakness

By:

Paul King - MortgageLoan.com | July 28, 2008

Mortgage rates improved today by about an eighth of a discount point on stock market...

Bonds Down as Economic Reports Come in Strong

By:

Paul King - MortgageLoan.com | July 25, 2008

Bonds opened Friday down giving back gains earned yesterday in a day-end bond rally. Stocks are...

Rates Down As Stocks Tumble

By:

Paul King - MortgageLoan.com | July 24, 2008

Rates dropped for the first time in several days today, on large stock market losses. Rates...

Rates Up Despite No Economic News

By:

Paul King - MortgageLoan.com | July 23, 2008

Rates were up again today despite no new economic news. Rates will increase about .25 to the...

Bonds Down on Inflation Concerns

By:

Paul King - MortgageLoan.com | July 22, 2008

Bonds were down today on continued concern about inflation. Rates however may remain unchanged...

Mortgage Rates Unchanged

By:

Paul King - MortgageLoan.com | July 21, 2008

Monday's rates were unchanged after economic news met forecasted levels. However rates could...

Rates Rise This Week On Consistent Inflation Focus

By:

Paul King - MortgageLoan.com | July 18, 2008

The benchmark 30 year fixed rate mortgage rose 12 basis points from 6.33% last week to 6.45% this...

Inflation Concerns Keep Rates Rising

By:

Paul King - MortgageLoan.com | July 18, 2008

Bonds were down again Friday as inflation concerns continued to push rates upward. Rates will...

June CPI Strong, Rates Up

By:

Paul King - MortgageLoan.com | July 17, 2008

Bonds were down this morning on stronger than expected economic data. Rates should increase by...

Rates Up on Inflation Concerns in FOMC Minutes

By:

Paul King - MortgageLoan.com | July 17, 2008

Inflation concerns and a positive day for stocks have hurt bonds today. Rates will increase by...

PPI and Retail Sales Weak, Rates Down

By:

Paul King - MortgageLoan.com | July 15, 2008

Bonds opened higher today on economic news favorable to mortgage rates. The Dow down over 100...

Rates Up As Investors Digest Freddie and Fannie Crisis

By:

Paul King - MortgageLoan.com | July 14, 2008

Bonds improved today on stock market losses. However mortgage rates should increase by about...

Rates Steady on Senator Dodd's Assurance that Fannie and Freddie are Stable

By:

Paul King - MortgageLoan.com | July 11, 2008

Bonds were up today despite the fact that the stock markets are down. Most of the concern on...

Bonds Fall on Favorable Jobless Claims

By:

Paul King - MortgageLoan.com | July 10, 2008

Bonds were down slightly on favorable economic news. Rates should remain unchanged today. The...

Rates Flat Again Wednesday

By:

Paul King - MortgageLoan.com | July 09, 2008

Bonds were trading flat again on Wednesday, however mortgage rates will improve as much as .375...

Rates Flat; Stocks and Earnings Reports Focus

By:

Paul King - MortgageLoan.com | July 08, 2008

Bonds were flat again on Tuesday in anticipation of corporate earnings. There was no economic...

Bonds Flat, Possibly a Quiet Week for Rates

By:

Paul King - MortgageLoan.com | July 07, 2008

Bonds opened flat Monday on no economic news. Rates should increase by .25 to price today on...

June Employment Data Fails to Shock, Rates Flat

By:

Paul King - MortgageLoan.com | July 03, 2008

Bonds were down today after the June Employment Report failed to deliver the market any...

Rates Down in Anticipation of June Employment Report

By:

Paul King - MortgageLoan.com | July 02, 2008

Rates were down again on concerns over the state of the economy and worries about the June...

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...