Posted on Thursday, 28th May 2009 by chrisjones

Markets: Bonds rallied today, avoiding the fifth straight day of red candles on the market, but the rally only pegged back 10% of the 4-day drop.  Still, it’s something.  Where are we on rates?  Weeeeeeelllll….
If you had 5.5% on an FHA loan yesterday (which some did, for various reasons), you probably still have it.  If [...]

Tags: bonds, PIMCO, RateWatch, utah mortgage, utah mortgage broker, utah mortgage rates
Posted in Blog & News, General, Rate Watch | Comments (0)

Posted on Wednesday, 17th December 2008 by chrisjones

So here we go. The Fed has essentially signalled that it will fire all of its guns at once and explode into space (first to reply with that reference wins lunch), and that has turned the markets upside down. The 10-year bond is up a massive 200 basis points in the last 24 [...]

Tags: bonds, interest rates, market watch, mortgage industry
Posted in Rate Watch | Comments (0)