Costs for All-Time Low Mortgage Rates Inch Lower

Posted To: Mortgage Rate WatchMortgage Rates experienced another record setting day. While the 3.875% Best-Execution rate remains unchanged on average, the costs involved to obtain that rate reached inched slightly lower to reach a new all-time low. De…

Artikel von
RSSAuthor’s Webseite
Posted To: Mortgage Rate Watch Mortgage Rates experienced another record setting day. While the 3.875% Best-Execution rate remains unchanged on average, the costs involved to obtain that rate reached inched slightly lower to reach a new all-time low. Despite the record levels, it was a fairly uneventful day for the Mortgage-Backed-Securities (MBS) that most directly govern rates as well as the broader fixed-income market. Ongoing concerns about Europe, Fed-buying, and weakness in equities markets helped keep bond markets in good shape all day long. 10yr Treasury yields moved under 1.86% after the first round of Fed-buying and have stayed there ever since. Treasury gains outpaced MBS today, and combined with the dynamics described in the ongoing lock/float considerations below, this is keeping somewhat of a lid on further...(read more)
Forward this article via email:  Send a copy of this story to someone you know that may want to read it.
Bookmark and Share

WHAT TO DO NOW?

Post a comment or leave a trackback: Trackback URL.

POST A COMMENT

You must be logged in to post a comment.

Submit Something

Think you can write or produce a video?

Join our group, learn what we like and send us your best article ideas, maybe we'll publish it. Maybe not. Longer in-depth content is good. Short keyword fluff-stuff is bad. At this time, the pay is non-existant and the working conditions are terrible. All our pencils are broken. The cat is meowing at his empty bowl. The doorbell is broken. We do this simply for the FAME & GLORY.

Otherwise, if you really, really like our site, please buy me that Tibetan Singing Bowl I've always wanted. I'm sure the wife and the cat will be absolutely thrilled when I stay up all night composing music with it and GarageBand. Maybe I'll write a song about you. Well, anyway... Thanks for stoppin' by our web and reading this far!

Mortgage News

  • 16.Dec
  • Costs for All-Time Low Mortgage Rates Inch Lower

    • Posted To: Mortgage Rate WatchMortgage Rates experienced another record setting day. While the 3.875% Best-Execution rate remains unchanged on average, the costs involved to obtain that rate reached inched slightly lower to reach a new all-time low. De…


  • 16.Dec
  • Bond Markets Keep Rallying in Low Volume. MBS Hit Multi-Month Highs

    • Posted To: MBS CommentaryThe latest alert on the MBS Live Dashboard at 11:15am works just as well about an hour later to explain current goings on: Dealers Set Em Up, Fed Knocks Em Down. Bonds Rally Post-POMO 11:15 AM The long end of the yield curve ra…


    TAG CLOUD