Mortgage Rates Jump on Market Rally

Mortgage Rates Up as Yields Spread

Yields on Fannie Mae, Freddie Mac, and Ginnie Mae mortgage bonds continue to widen as compared to US Treasuries. This gap is pushing mortgage rates back up.

Mortgage Rate Down as Credit Begins to Thaw

Mortgage rates will open the week significantly lower as last week showed signs of credit beginning to thaw in the interbank, commercial, and consumer markets.

Markets in for Wild Ride

Asian markets down 10%, European markets down 7%, and US Futures triggering circuit breakers well before US market open.

30 Year Fixed Hovers at 6%

Mortgage rates continue to bounce up and down, but seem to continue finding equilibrium around the 6 percent mark for 30 year fixed rate.

Mortgage Rates Volatile

The market is still trying to find its equilibrium, which continues to inject volatility into the equities and bond markets--mortgage rates.

Mortgage Rates Continue to Rise

Mortgage rates continue to rise as volatility continues to invade the equities market causing the same erratic movement in the debt markets.

Mortgage Rates and Applications Up

Mortgage Rates on the Move

Mortgage Rates Likely to Rise

Expect ongoing uncertainty and volatility in mortgage rates today.

Mortgage Rates Operating in Unprecedented Environment

Mortgage rates are now officially operating in a historically unprecedented environment. This would trigger broad, cautious counsel to lock rates. Although we have seen steady downward pressure on mortgage rates throughout the week yesterday sparked an unusual effect in the bond markets.

Mortgage Rate Tumble

Mortgage rates continue to fall.

Expect Volatile Mortgage Rates

Mortgage rates are expected to be volatile today as market determine how they will react to coordinated worldwide central bank rate cut.

Mortgage Rates Drop on Equity Fears

Mortgage rates continue to drop as fear seizes the equity markets.

Senate Passes Bailout

Senate decisively passes the $700 billion financial market stability legislation.

Mortgage Applications Plunge

Mortgage rates balance on little to no activity, while mortgage applications plunge.