It’s time to take a quick look at what’s going on in the mortgage world today. A couple of things that are pushing rates up a bit:
- At the Federal Reserve’s conference over the weekend, no one sounded like they wanted to raise rates soon. Well, think about it, we’re at best in a very precarious recovery and at worse in what has been called a “dead cat bounce.” Of course they aren’t going to want to raise rates soon. But, the markets reacted positively, the stock market is higher today and rates are also higher.
- A couple of relatively minor manufacturing reports came in and showed some improvement as well. Nothing earthshaking but yet they add to the trend of seeing that things might be rounding a corner.
Because of these, we’re a bit higher on rates today than we were on Friday.
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- Categories: Lenders, Mortgage Rates
Comments
3 Comments so far
Mortgage Market Update | Mortgages Unzipped — Mortgage Insurance
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Sheryl Lee
Here is my situation:
Taylor, Bean & Whitaker held my mortgage; they send me application for Making Homes affordable; I returned it first week of April; never given contact person or phone number
Taylor, Bean & Whitaker have been suspended; Bank of America
acquired my mortgage…….
I learned few days ago FHA loans eligible for President’s plan
Hope representative called on my behalf….Bank of America…..
and was told….they would not be working with that program….!
So, what is your advice for me…..? My Social Security and
Retirement checks together do not pay my mortgage……
Zolpidem.
Zolpidem overnight….
Zolpidem overnight. Zolpidem eszopiclone indications. Zolpidem….