Tag Archives: mortgage rate

Today’s Mortage Rates Holding Steady at 5.125% to 5.25%

Written by: - July 24, 2009

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24 July 2009 ? The bonds really took a beating yesterday, finishing down 66bps. The pressure came from the rally in the stock market and the announcement of $115 billion in Treasury auctions next week. Today we opened up 6bps and are currently flat, which is a change of -6. Basically this will not impact […]

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Mortgage Rates Continue to Trend Lower

Written by: - June 29, 2009

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29 June 2009 ?Mortgage backed bonds opened up 22 bps today and currently are up 12 bps. The 30 year fixed continues to trend lower as the bond market gains momentum. China announced they will continue to buy US debt as part of their current foreign currency reserve policy. The 30 year rate is now […]

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