Markets & Economy

Daily market update: Aug. 26, 2015

By | Inman | No Comments

National Mortgage Rates by Mortgage Marvel ® Mortgage Widgets | Get Mortgage Rate Quotes National Home Loan Rates by Mortgage Marvel ® Mortgage Widgets | Get Mortgage Rate Quotes   We’ll add more market news briefs throughout the day. Check back to read the latest. Yesterday’s market news: S&P/Case-Shiller U.S….

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Greek Band-Aid intercepts interest rate drop

By | WFG News | No Comments

Long-term Treasurys are sliding down in yield again, holding low-fee mortgages in the high-threes. This improvement has been caused by several things, all reinforcing each other, and is likely to continue. However, in the background lies an enormous contradiction that is clearly troubling long-term markets. First things first. Way back…

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Coming Fed hike ups mortgage rate risk

By | WFG News | No Comments

After a wild six weeks from Christmas forward, the 10-year T-note stone-falling from 2.35 percent to 1.65 percent and then rebounding to 2 percent, global anxiety rising … this week’s news is an extended sermon from The Church of What’s NOT Happenin’ Now. Interest rates did not move. Low-fee mortgages…

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