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Entries Tagged ‘interest rates’

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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Do you know what will happen to interest rates today?

Do you know what will happen to interest rates today?
I am starting today by floating my interest rate locks; however, after the strong rally in the past few days the bellwether 10 yr note and MBSs both have found some resistance at key MAs. Set your Alert Controller and keep tuned for our [...]

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What will happen to interest rates today?

What will happen to interest rates today?
We will start by floating this morning, but keep in mind it is a bearish market. If you are working with me I will stay close to our re-pricing alerts. I will lock interest rates based on the market today
Treasuries and mortgages opened slightly better this [...]

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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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Phoenix Mortgage Broker Gives Interest Rate Analysis

Phoenix Mortgage Broker Gives Interest Rate Analysis
Floating is going against the grain these days with the rate markets bearish. However, we always look for that opportunity to catch a bounce. If you are able to keep tuned to our rate alerts we suggest floating to start, but if you are unable to keep [...]

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Phoenix Mortgage Broker Makes Sense Of Today’s Interest Rate Market

Phoenix Mortgage Broker Makes Sense Of Today’s Interest Rate Market
Floating today is touchy; while the markets are better the likelihood of more improvement through the day is questionable and depends on how equity markets act. We suggest floating to start but we also caution that the near term is bearish for [...]

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Phoenix Mortgage Broker gives his thoughts on interest rate markets

Phoenix Mortgage Broker gives his thoughts on interest rate markets
If you have an FHA, VA or USDA loan, LOCK YOUR RATE!!

Get started on an Arizona FHA, VA or USDA loan HERE
Mortgage prices are already lower than at 9:30 as seen below. The 10 yr has taken out its support at 3.28%, the next level of support [...]

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