Rates Up Today On Stock Market Gains

The bond market was down this morning on a stock market rally. Mortgage rates should post higher up about .25 to the points today. No economic news was released today. Tomorrow we'll get January Retail Sales data, which measures consumer spending, a major part of the economy. Results from this report, if they give further evidence of a recession, could help bring down rates. Also anticipated is Bernanke's testimony to Congress on Thursday. His comments will be closely watched and could cause direct impact on mortgage rates.

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Mortgage Rates Will Move

Expect significant mortgage rate movement today with the release of CPI.

Mortgage Rates Drop

Mortgage rates drop again for the second straight week.

TARP Redirect Plunges MBS

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Veterans Day-Markets Closed

Mortgage rates stay flat on Monday and markets are closed today for Veteran's Day.

Mortgage Rates Fall for Week

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Mortgage Rates Back Down

30 year fixed rate mortgage is back down to 6 percent.

Mortgage Rate Watch

Yesterday was a good day for mortgage rates as they eased on the eve of Presidential election finality. However, today is likely to be a mortgage market referendum on President-elect Barack Obama.

Choppy Waters for Mortgage Rates

Not a lot of mortgage rate impacting news this week, but Presidential elections always do surprising things to markets.

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National Rates

Loan Type Today
30 Year Fixed   5.62
15 Year Fixed   5.47
5/1 Adjustable   5.85

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