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Phoenix Mortgage Interest Rates Moving Today?

Phoenix Mortgage Interest Rates Moving Today?
Looks like a choppy day ahead for Phoenix interest rates; I will continue to float interest rate locks to start but our finger is on the trigger based on the technicals.
Treasuries and mortgages (interest rates) opened weaker this morning after a strong rally yesterday for treasuries, taking [...]

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What does the Fed have to say about interest rates?

What does the Fed have to say about interest rates?
Continue to float locks; we’ll go with it to start; no movement now until after Bernanke’s speech at about 12:00. Interest rates do not appear to have substantial volatility this morning.
Good start today; the interest rate markets opened stronger on the continuing weak [...]

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A good day for interest rates!

A good day for interest rates!
Friday Phoenix mortgage interest rate update……….
I will continue to float over the weekend, but I caution not to let the locked loans pile up; keep your exposure from taking on too much risk. Like the market but not in love with it.  Interest rates have improved today.
If you were [...]

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Will Interest Rates Go Lower Today?

Will Interest Rates Go Lower Today?
I will continue to float this morning; not real bullish but willing to start holding locks. Keep abreast to the instant re-pricing alerts. Still a nervous trade.
Very early this morning the bond market tried to improve but got a gut punch on weekly jobless claims [...]

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What is happening to interest rates?

What is happening to interest rates?
Start by floating interest rate locks this morning but stay alert to instant re-pricing alerts. Likely not much movement until at least 2:15 this afternoon. I monitor and track  interest rate markets every minutes.  When I locked interest rates on loans yesterday afternoon, my average client paid a [...]

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Stop Paying Rent Forever! Part 1

Stop Paying Rent Forever! Part 1           Six Tips To Help Save You Money… And Anxiety!
With interest rates hovering around their thirty-year lows, a multitude of flexible and low-cost loan financing programs are available as well as a wide variety of assistance programs that can help virtually anybody experience the joy of homeownership.  In short, [...]

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Video on what’s happening to our Banks

Video on what’s happening to our Banks;
Too often I think people are turning a “blind eye” to what is happening to us in Washington. There are hearings currently taking place with our Treasury Secretary that will have a massive impact on our economy, businesses and personal lives. Legislation is currently being proposed that will [...]

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Buying A House? Watch the interest rate market

Buying A House?  Watch the interest rate market
Not good this morning with the 10 yr breaking above 3.50%. Mtg prices are declining, interest rates will be going up.  Suggest not floating today.
Interest rate markets started unchanged this morning with no data or anything else of consequence. At 8:30 the 10 yr -1/32, [...]

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Phoenix Mortgage Broker Updates The Rate Market For Today

Phoenix Mortgage Broker Updates The Rate Market For Today
Start by floating this morning; the rest of the session will be focusing on equity markets. We are not looking for much improvement however, and continue to remind the present condition in the rate markets is bearish; although not aggressively so. Any additional [...]

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Phoenix Mortgage Broker Thinks Interest Rates Will Stabilize Today!

Phoenix Mortgage Broker Thinks Interest Rates Will Stabilize Today!
I suggest starting the day by floating; we normally do that. It is a bear market now however so we will not press it and move to lock mode on any weakness. If you float today keep close for our alerts. Unless mortgage markets [...]

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