Tag Archives: mortgage rates

Fewer Mortgage Originators Are Not Good For Competition or The Consumer

Posted ago by Cary Cox

ShareOver-regualtion and over-compliance are causing many small to medium size mortgage lenders and mortgage banks to either consolidate or, pass the higher costs onto borrowers, or close down all together. I’ll be the first to admit that for years there was …

Mortgage Application and Mortgage Rate Update

Posted ago by Cary Cox

ShareIt is a big week for all interest-rate products including mortgage product rates with the Federal Reserve meeting this week. You’ll really want to check the forward guidance of the Federal Reserve to see what may be ahead for mortgage …

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 Rates & Mortgage Market Info 05/08/2014

Posted ago by Cary Cox

ShareThe bond markets including the mortgage bond markets or mortgage backed securities market is casting doubt on the economic reocery. Typically in a recovery you have rising interest rates which lead to higher mortgage rates, but that has not been …

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 & Finance News

Posted ago by Cary Cox

ShareIt’s a light mortgage news week. We only have a few third tier financial reports being released this week. Mortgage-Backed Securities are hovering between a narrow range of support and resistnce. It will be interesting to see which way mortgage …

Mortgage News Update 03/06/2014

Posted ago by Cary Cox

ShareLots of world events happening that are effecting mortgage rates. In addition there are several items in the domestic economy that are causing lots of volatility in mortgage rates. In this post we like to share some mortgage news as …

Why A Mortgage Broker/Banker is Better Than a Bank

Posted ago by Cary Cox

ShareMost people think that they will get the best rate and offer from one of the “Too Big To Fail” banks, you know the ones I am talking about. The ones that say that they put the customer first. But …

The Construction Mortgage Is Hot Again!

Posted ago by Cary Cox

ShareThe Houston and overall Texas economy is booming so much that many buyers are considering building their own home. Unless you can convince a builder to build you a custom home on his credit line, the best mortgage for building …

Mortgage Rates, Tapering, & The Real Estate Market

Posted ago by Cary Cox

ShareHere is a great piece from our partner Barry Habib at MBS Highway. MBS which stands for mortgage backed securities is the market we watch to which way mortgage rates are trending. Barry provides real-time quotes and advide on whether …