Posts Covering MBS Markets and Mortgage Rates

Mortgage Rates : Rapid Rise Likely In The Coming Months

Mortgage rates are low because of 4 forces, each in place since 2009. Today, those forces fade into history. When they're gone, so will low mortgage rates. Read why mortgage rates are positioned to rise, and rise sharply.

After 5 Weeks Of “No Change”, Mortgage Rates Ready To Rocket Higher

The mortgage market is loaded up with 3 years of negative expectations. And, once those forces reverse, they'll reverse quickly, sending mortgage rates soaring. It's time to execute on that mortgage plan. Rates are poised to rise.

Are Banks Holding Today’s Mortgage Rates Artificially High?

Mortgage rates are ultra-low these days, but they ought to be lower. Mortgage lenders may be holding mortgage rates artificially high.

Mortgage Rates Reach A Milestone; Rise For The 7th Straight Day

Mortgage rates are getting slaughtered this month; rising every day since January ended. It's an historic losing streak for conventional mortgage rates.

It Just So Happens, Mortgage Rates Don’t Rise And Fall Like “They” Say

There's an old adage in the mortgage business: "Rates take the stairs down, and the elevator up." It's supposed to mean that mortgage rates go up faster than they come down. It's practically gospel among the older crowd. Turns out, though, it's completely false.

Be Ready For The Next Dip In Mortgage Rates BEFORE It Happens

Forget about that 4.500 percent, 0-point mortgage rate you passed on last month. It's gone. Today, conforming mortgage rates are bearing down on 6 percent. For a homeowner in Cincinnati with a $300,000, fixed-rate home loan, the impact is huge. Since the unofficial start of summer, rising mortgage rates have added $240 to a monthly mortgage payment.

What Is Mark-To-Market Accounting And What Does It Mean To Mortgage Rates?

If you've never heard of mark-to-market accounting, you're not alone. It's an accounting method so dually complex and arcane that unless you need it in the day-to-day functions of your job, you'd look at its description and be, like, "whatever".

Mortgage Rates And 10-Year Treasury Rates Don’t Move In Lockstep

Mortgage bond markets are signaling a slight return to risk this morning. If you're watching the wrong market indicators, though, you probably didn't get the memo. Looking at the chart above, we see that as of 9:02 AM ET: Mortgage-backed securities are improved by 28 basis points 10-year U.S. treasury...

How Mortgage Rates Are Responding To Lehman Brothers, Merrill Lynch, And AIG

After writing yesterday's blog post, my ThinkPad went blue. Cue the video above. It's a shame because the post went deep on Wall Street's recent troubles and how each piece of bad news actually helps everyday homeowners. When I went to publish, the post vanished. And by that point, markets...

The Disassociation Between Mortgage Rates And The 10-Year Treasury Note

This chart may read like gibberish, so I notated it. It's meant to illustrate that daily mortgage rates are not based on the yield of the 10-Year Treasury Note. Sure, there is a long-term correlation between the two, but "long-term" doesn't do us any good when we're looking to lock...

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2014 Conforming & FHA Loan Limits

Mortgage loan limits for every U.S. county,
as published by Fannie Mae & Freddie Mac, and the FHA.