Blog tagged as Financial Reports

Mortgage bond prices ended last week a little higher than a the start of the week, resulting in slightly lower mortgage rates.  According to CoreLogic, U.S. home prices increased at their fastest pace since February 2006. Mortgage rates rose incrementally, and the Weekly Jobless Claims report c...

Mortgage rates were basically flat ahe end of last week.  The last three days of the week provided only a glimpse of market volatility. The FOMC statement indicated that the Federal Reserve has not set a date for rolling back its quantitative easing program and ADP reported more private sector ...

The S&P/Case-Shiller Home Price Index (HPI) released Tuesday presented solid evidence that the housing recovery continued during the month of May. The Case-Shiller 20-City Index showed increasing home prices for all 20 cities. Highest Year-Over-Year Gains Included Theses Cities:

• San Francisco, CA...

Volatility in the financial markets continued last week.  Tuesday turned out to be one of the worst days for mortgage rates in history.  Consumer confidence was strong, year-over-year home prices rose sharply and the stock market continued to rise.  Mortgage rates ended the week about...

Last week mortgage rates remained basically unchanged.  During he last two weeks the bond and mortgage markets have stayed in a narrow range. The 10 yr Treasury note, driver for mortgage rates, has been confined in a 6 bp range from 1.75% to 1.69%. The note has been unable to break strong ...

Mortgage rates saw little change last week amidst mixed economic news. Treasury auctions held on Tuesday, Wednesday and Thursday saw weak demand; this could have been caused by the FOMC minutes that were released on Wednesday.  The minutes indicated that some FOMC members supported ending the c...