? One primary long-term concern for mortgage investors is that the enormous level of stimulus intended to boost the economy will lead to higher inflation. Inflation erodes the value of fixed income investments, so future inflation expectations are a major determinant of bond values, including mortgage-backed securities (MBS). Inflation has not been a factor in [...]
Archive for category Interest Rates
Weekly Market Review
Jan 18
Current Market Conditions
Jan 10
Here is a good overview of where the mortgage and Treasury markets stand from Sigma Research:
Last Week: Nov pending home sales plunged 16%, 5 times greater than forecasts. The decline blamed on the expiration of the home buyers tax credit prior to the extension by the Obama administration. The manufacturing report on Dec activity picked [...]
Confused about mortgage rates today?? Do you understand what really goes into a mortgage rate quote?? What is the effect of property type, credit score, income documentation, loan size, down payment percentage, etc.
Quoting a RATE before getting answers to these questions would be like a doctor prescribing medication without diagnosing the problem from [...]
If we could sum up the markets in one word right now, the word would be “volatility.” The past several days we were volatile on the downside for stocks and bonds. And up for oil. It is interesting because at least one pattern was broken. In the past few months rates and oil prices would [...]
