Interest Rates Went Up This Week, About 1/4%!
Interest rates went up this week, about 0.25% to 0.375%, depending on the type of loan. Below are some details from a bond market service I use (called MBSQuoteLine) that sends me news on the bond...
View ArticleLatest Bond Market News
I am going to continue to post, when appropriate, updates from the service I use called MBS Quoteline, that updates me on the bond market. Remember that in general, inflationary news is bad for the...
View ArticleMortgage Backed Securities MARKET UPDATE
I wanted to share today's update from MBS Online, which is the service that I use that tracks mortgage-backed securities, which is the best gauge of what the interest-rate market is doing. Here is this...
View ArticleGood News For Stocks Is Bad News For Bonds/Rates
It looks like rates are edging up today, again. Here is this morning's bond market update from MBS Online: "MBS are down -13/32 (FNMA 30-yr 3.0 at 103.23), around 16/32 lower than yesterday at this...
View ArticleBond Market Report
I am going to post numbers on the 10 Year Treasury Bond on a regular basis. The 10 Year Treasury Bond is not a direct correlation to mortgage rates, but it is a good number to know. As of...
View ArticleBond Market Report
The 10 Year Treasury Bond is at 2.73% so far today. This is slightly higher than the last time I posted 10 Year Treasury Bond data in early January. On 01-03-2019 the 10 Year Treasury Bond was 2.55%....
View ArticleBond Market Report
The 10 Year Treasury Bond is at 2.56% as of last Friday. This is about the same as the last time I posted 10 Year Treasury Bond data in early January. On 01-03-2019 the 10 Year Treasury Bond was...
View ArticleLatest Bond Market Report
The 10 Year Treasury Bond was at 2.08% as of last Friday*. This is the lowest it has been in a long time. QUESTION: But what does this mean for mortgage rates? ANSWER: In general, mortgage rates are...
View ArticleLatest Bond Market Report
The 10 Year Treasury Bond was around 1.8% as of October 28th 2019. The 10 Year Treasury Bond is not a direct correlation to mortgage rates. It is simply good to know historical information on...
View ArticleLatest Bond Market Report
The 10 Year Treasury Bond was at 1.822% on January 10th 2020. It was 1.847% as of October 28th 2019. So you can see that rates have been fairly flat for the last 2+ months. The 10 Year Treasury Bond is...
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