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Global Financial News, Breaking Financial News, Debt and Mortgage Loan Crisis News

Mortgage Rates Bounce Lower to Remain in Recent Range

It was a good day for mortgage rates.  After moving higher at a somewhat disconcerting pace last Friday, rates were quickly approaching the upper boundary of their post-Brexit range as of yesterday.  Today, however, they bounced nicely lower, keeping them … Continue reading

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Mortgage Rates Threatening to Break Post-Brexit Range

Mortgage rates continued higher today, extending a sharp move that began on Friday following stronger-than-expected employment data.  There are two distinctly different ways to look at the current rate environment.  On the one hand, the average conventional 30yr fixed rate continues hovering … Continue reading

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XTrade Europe Explains Stock Trading Trends

Seasonal trends can be noticed in many industries, and stock trading is no exception to this rule. You do not have to be an expert to understand this. It would be enough to compare prices and general activity on the … Continue reading

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Mortgage Rates Jump Following Strong Jobs Data

Mortgage rates moved higher at the fastest pace in more than 3 weeks today, following a much stronger-than-expected jobs report.  The Employment Situation is widely regarded as the single most important economic report month in and month out.  It always has the … Continue reading

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Mortgage Rates Holding Mid 3's Ahead of Jobs Report

Mortgage rates were moderately lower today, keeping them well-within the dominant range of the past 2-3 weeks.  Compared to yesterday, lenders would be just slightly more likely to quote 3.375% on top tier conventional 30yr fixed scenarios compared to 3.5%, but both … Continue reading

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Mortgage Rates Edge Higher Despite Market Improvement

Mortgage rates were nominally higher today, though you’d be hard-pressed to find any evidence of that on lender rate sheets.  For all practical purposes, rates haven’t moved since last Thursday afternoon.  During that time, any detectable changes have come in the form … Continue reading

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Mortgage Rates Rise; Potential Volatility Ahead

Mortgage rates moved higher again today, after hitting the lowest levels in roughly 2 weeks last Friday.  Like yesterday, today’s increase was fairly minimal in the big picture, but successive days of weakness can add up.  Unlike yesterday, most borrowers would now … Continue reading

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Mortgage Rates Bounce Higher

Mortgage rates moved higher today after hitting the lowest levels in roughly 2 weeks last Friday.  Today’s increase was fairly minimal in the big picture.  In fact, most of Today’s quotes are essentially unchanged from Friday.  But there was some weakness in … Continue reading

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Mortgage Rates Down to 2-Week Lows After GDP

Mortgage rates enjoyed another strong day, falling to the best levels in exactly 2 weeks.  Rates were actually set to move higher early this morning, but a much weaker-than-expected reading on Q2 GDP helped drive demand for bonds.  Better buying pushes bond … Continue reading

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Best Day Since Brexit For Mortgage Rates

Mortgage rates fell at the quickest pace in more than a month today as lenders priced-in the market improvements seen after yesterday’s Fed Announcement.  Even though quite a few lenders offered improvements yesterday afternoon, the so-called “reprices” were conservative compared to improvements … Continue reading

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