Mortgage Interest Rate Market Guide

Mild open. Mortgage Rates not expected to change much as sheets come out. Expect low 5's for most 30 year fixeds with no points.

Mortgage Interest Rates are at their weeks high today as shown by their value below. Increases in economic confidence have pushed money towards the stock market and out of fixed asset products. 

Improvement before the auctions.

2nd half of yesterday turned out to be good for mortgage interest rates and yield on the 10 year treasury. My hopes are that it will continue but at this moment the Dow is rallying which may take the steam out of yesterdays pricing improvements. Take the low rates and lock on the days you can.

Low to mid 5's on tier one conforming loans today.

Rates not favorable at this moment due to positive housing sales news. Though its not a dramatic change to mortgage interest rates, I expect worse pricing than Friday at todays open.

Irratic opening but still in a range. I expect the same mortgage interest rates as yesterday unless an update comes through.

We're in the low 5's for most 30 year fixed mortgages.

Strong opening for mortgage rates which almost assured us of continued rate improvement... however we've come off the highs and are now experiencing some worsening in the market. Don't take these rates for granted, lock if you can.

Treasuries opened well this morning but Mortgage Backed Securities took a little beating. MBS's are recovering now. Expect mortgage interest rates close to yesterday.

It has been quite a month this week. The volatility has proven a friend to the mortgage seeker. With the exception of Friday, the last few days have been nice for mortgage interest rates.

We're now hovering in the low 5's for most 30 year fixed products. Lock'em if you got'em in the pipeline.

Opening improvements on mortgage interest rates this morning. Lets hope they hold. Lock'em if you can.

Mortgage rates opened up poorly this morning but are now starting to recover. We're still hovering in the low to mid fives.

Rates did improve at open but the stock market is rebounding from yesterdays losses. Anytime that happens we can expect a reversal in mortgage rates to the upside. FHA 30 year fixeds are hovering in the low to mid fives with no points.

Sorry for the absence lately.. its been a little hectic. I have to offer short notes these days for lack of time. Rates are improving today after last weeks steady increases. Though mortgage rates are improving, you may not see the improvement show up on the sheets.

A better than expected pending home sales report is driving inflationary/recovery pressures. Data: +3.6% vs. expected +0.6%. The 10yr TSY note yield has risen from 3.58 to 3.65%.  Consequently the yield (rates) for mortgage products are increasing on the TSY coat tails.

Up, up and away. Stocks rebound and take mortgage interest rates up with them. Mortgage backed securities out of vogue this morning requiring additional yield to attract MBS buyers back.