Posted on Wednesday, 14th October 2009 by chrisjones

Markets: We’re down 12bps (.12%) on the day on the FNMA 4.5% bond, which is the benchmark for interest rates at the moment.  That’s down about 100bps (1%) from its high of last Thursday.  It is, however, a good bit higher than it was earlier today, so we’re seeing a sort of rally into the [...]

Tags: CPI, economy, inflation, Lehi mortgage, RateWatch
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Posted on Thursday, 17th April 2008 by chrisjones

Inflation is the big problem this week, and it’s pushed mortgage interest rates to their highest level in 2 months. Today’s market news - bad earnings from nearly everyone and higher-that-expected jobless claims - should push bonds higher, but right now the market traders have decided that stocks are good and bonds are bad, [...]

Tags: inflation, interest rates, market watch, mortgage loans, mortgage rates
Posted in Rate Watch | Comments (1)