Tag Archives: mortgage rate

Houston Mortgage Update 10/07/2014

Posted ago by Cary Cox

ShareHouston mortgage rates are holding steady with faltering global growth  in Europe and China. The German manufacturing sector was disappointing, showing contraction in the sector for the first time in over a year. U.S. Factory activity, marked by the ISM …

Houston Mortgage Update on Mortgage Rate Movers 09/29/2014

Posted ago by Cary Cox

ShareLots of items last week and this week that will influence Houston mortgage rates. Here is what happened to influence mortgage rates last week: The Chicago Federal Reserve reported that the National Activity Index was negative in August, suggesting below …

Freddie-Mac Chief Economist Reports Higher Mortgage Rates This Week

Posted ago by Cary Cox

ShareWhat are mortgage rates doing? According to Frank Nothaft, Vice President one of the two giant mortgage purchasers, Freddie-Mac mortgage rates went up this week.  Rising yields in mortgage-backed securities have been driving mortgage rates higher. Nothaft said, “Mortgage rates were …

Mortgage News 09/08/2014

Posted ago by Cary Cox

ShareWe had the worst jobs report in months and it iniitially caused a rally in the mortgage backed security markets, but then it sold off. Mortgage rates continue to be caught in a sideways trading range. Most of the choppiness …

Mortgage News Update

Posted ago by Cary Cox

ShareLots of Geo-Political news has been driving the mortgage markets and mortgage rates lately. Here is just a small sampling of events from our friends at NYCB that will influence mortgage rates this week: Ukraine, the U.S. and Europe accuse Russia …

Today’s Mortgage Rate Update 04/23/2014

Posted ago by Cary Cox

ShareHere is a quick update on today’s mortgage rates and the news moving the mortgage rates around – brought to us by our friends at Sigma Research. A little better start this morning ahead of March new home sales at …

Houston Mortgage Weekly Review

Posted ago by Cary Cox

ShareWe have a great review of the past week’s mortgage activity by Lou Barnes at ratewatch.com showing lots of things happening on multiple-fronts that will affect mortgage rates going forward. More positive US data and relaxation of European frights have …

Mortgage Foreclosures Decline & Rates Stable

Posted ago by Cary Cox

ShareMortgage-foreclosure activity decreased in April for the seventh straight month, bringing total foreclosure activity to a 40-month low, according to a new report from RealtyTrac.  Like any news story there is always the “Headline” story and the “Real” story. The …

Loan to Value & Mortgage Rates

Posted ago by Cary Cox

ShareLoan to value is one of the largest factors that affect mortgage rates. It is the ratio of the amount of your loan or mortgage to the appraised value of the property. The lower the loan to value the more …