Posted on Wednesday, 5th May 2010 by chrisjones
Markets: Bonds are up again today, up about 18bps (which is .18), and that puts us right on the lows of the year. Rates have not responded quite as exuberantly, but we’re touching 5% again. Even lower on some programs. Analysis: Rates are sticky down, meaning that they stick on the way lower and don’t [...]
Tags: RateWatch, Told you so
Posted in Rate Watch | Comments (0)
Posted on Friday, 2nd April 2010 by chrisjones
Markets: It’s a good thing it’s a short trading session today, because bonds are getting massacred. That continues the trend for the week that has seen us lose over 100bps, pushing rates above 5.25% this morning. Analysis: Good employment data – we actually have seen some hiring in this report – makes it look more [...]
Tags: lehi lender, Lehi mortgage, RateWatch
Posted in Blog & News, General, Rate Watch | Comments (0)
Posted on Wednesday, 24th March 2010 by chrisjones
Market: We’re off 90bps, meaning that we’ve lost almost a whole point in price on the benchmark 4.5% 30-year FNMA bond. That means rate pricing is off by just about that same amount, and 5% is on the ragged edge of no good anymore. Most lenders will be pricing at 5.25% in the morning. Analysis: [...]
Tags: Lehi mortgage, ratewat, RateWatch
Posted in Blog & News, General, Rate Watch | Comments (0)
Posted on Wednesday, 3rd March 2010 by chrisjones
Markets: Flat. No change. Rates hover at 5% and a bit below. 15-year loans are at 4.25% and thereabouts, 5/1 ARMS are 4% or a shade lower. Analysis: A piac nem tud melyik iranyba menni, ugyhogy semmisem tortenik. If I write the same thing I’ve been writing for the past month, it gets old, even [...]
Tags: lehi lender, Lehi mortgage, RateWatch
Posted in Rate Watch | Comments (0)
Posted on Wednesday, 17th February 2010 by chrisjones
Markets: We’re off 12bps, which is a bit less than what we gained yesterday. Rates hang out right at 5% (fractionally more on some programs, fractionally less on others). SOmething interesting to note: the 15-year loans are operating at their biggest spread in a decade – the 15 year fixed loan is currently selling at [...]
Tags: lehi lender, Lehi mortgage, RateWatch
Posted in Rate Watch | Comments (0)
