Posts discussing Mortgage Rates | Mortgage Rates & News from The Mortgage Reports

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21May2012
Author
Dan Green
Filed Under
Mortgage Rates
3 Reasons Why You Might Not Get Freddie Mac’s 3.79% Mortgage Rate Thumbnail

3 Reasons Why You Might Not Get Freddie Mac’s 3.79% Mortgage Rate

Freddie Mac says the 30-year fixed rate mortgage rate is 3.79% nationwide. Here are 3 reasons why few people actually get that rate.

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14May2012
Author
Dan Green
Filed Under
Mortgage Rates
Mortgage Rate Outlook : Week Of May 14, 2012 Thumbnail

Mortgage Rate Outlook : Week Of May 14, 2012

Mortgage-backed bonds worsened last week. Mortgage rates figure to rise.

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09May2012
Author
Dan Green
Filed Under
Mortgage Rates
The 10-Year Treasury Note Now Separated From The 30-Year Fixed Rate Mortgage Thumbnail

The 10-Year Treasury Note Now Separated From The 30-Year Fixed Rate Mortgage

The 10-year treasury is fully-decoupled from the 30-year fixed rate mortgage. Interest rate spreads are nearing the widest point in 2 years.

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01May2012
Author
Dan Green
Filed Under
Mortgage Rates
Mortgage Rates Feel The Effects Of The Season Thumbnail

Mortgage Rates Feel The Effects Of The Season

In each of the last two Mays, mortgage rates have made new, all-time lows. This year, they may do the same.

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13Apr2012
Author
Dan Green
Filed Under
Mortgage Rates
30-Year Mortgage Rates Drop To 3.88% Thumbnail

30-Year Mortgage Rates Drop To 3.88%

Mortgage rates are back below 4 percent again. If you missed the lowest rates of all time earlier this year, you get a second chance.

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09Apr2012
Author
Dan Green
Filed Under
Mortgage Rates
Mortgage Rates : Is Spain This Year’s Greece? Thumbnail

Mortgage Rates : Is Spain This Year’s Greece?

Will Spain be this year's Greece? Home buyers and mortgage rate shoppers hope so.

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23Mar2012
Author
Dan Green
Filed Under
Mortgage Rates
Mortgage Rates Rising : Fundamentals Or Seasonal? Thumbnail

Mortgage Rates Rising : Fundamentals Or Seasonal?

Mortgage rates rose sharply, racing from historical lows to a 5-month high in just 10 days. What's driving the change and can it even last?

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16Mar2012
Author
Dan Green
Filed Under
Mortgage Rates
Freddie Mac Understates Mortgage Rate Movement : Mortgage Rates Spiked This Week Thumbnail

Freddie Mac Understates Mortgage Rate Movement : Mortgage Rates Spiked This Week

Looking for the lowest mortgage rates of your lifetime? Act now. The Federal Reserve has spoken. The bond market rally is over.

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08Mar2012
Author
Dan Green
Filed Under
Mortgage Rates
Mortgage Rates Drop, Discount Points Double Since 2007 Thumbnail

Mortgage Rates Drop, Discount Points Double Since 2007

It's no surprise why mortgage discount points have doubled since 2007. Banks know you better than you know yourself.

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16Dec2011
Author
Dan Green
Filed Under
Mortgage Rates
Revealing The Trick : Why Mortgage Rates Didn’t Actually “Fall” To 3.94%. Thumbnail

Revealing The Trick : Why Mortgage Rates Didn’t Actually “Fall” To 3.94%.

Freddie Mac says mortgage rates fell to 3.94% this week. But, because closing costs increased at the same time, it would take a homeowner *3 years* to break-even on these new, "lower" rates. It's a sleight-of-hand trick pulled by the banks on the American people.

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17Oct2011
Author
Dan Green
Filed Under
Mortgage Rates
Synthetic Mortgage Rates In Printed Newspapers Thumbnail

Synthetic Mortgage Rates In Printed Newspapers

The newspaper is a bad place to research for mortgage rates -- conforming, FHA, USDA or otherwise. The rates are "not real" and based on lofty assumptions.

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14Oct2011
Author
Dan Green
Filed Under
Mortgage Rates

Want Low Mortgage Rates? Get In Before The Government’s “Mass Refinance” Program Begins.

The government's revamped HARP program will create a surge in mortgage demand. Banks aren't equipped. Here's how you can beat the system and get lower rates.

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07Oct2011
Author
Dan Green
Filed Under
Mortgage Rates
Rates Below 4.000 Percent? No, Not Really, But Payments Have Plunged. Thumbnail

Rates Below 4.000 Percent? No, Not Really, But Payments Have Plunged.

Conforming mortgage rates went sub-4% this week? Well, that's not 100% true. Lender sleight-of-hand is making rates *appear* lower. But payments are way down.

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04Oct2011
Author
Dan Green
Filed Under
Mortgage Rates
It’s Getting Simpler To Shop For Mortgage Rates Thumbnail

It’s Getting Simpler To Shop For Mortgage Rates

Mortgage rates have "slowed down" lately, making it easier for home buyers and rate shoppers to compare rates between banks.

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23Sep2011
Author
Dan Green
Filed Under
Mortgage Rates
Mortgage Rates Are Lower Than Freddie Mac Is Reporting Thumbnail

Mortgage Rates Are Lower Than Freddie Mac Is Reporting

Freddie Mac reports the 30-year fixed at 4.09% this week. Freddie Mac is wrong. Mortgage rates are lower.

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19Sep2011
Author
Dan Green
Filed Under
Mortgage Rates
Chart : Your Home Purchasing Power Soars On Low Mortgage Rates Thumbnail

Chart : Your Home Purchasing Power Soars On Low Mortgage Rates

In 2011 -- for the same monthly payment -- you can borrow 77% more than you could in 1991. Buying a home is a relative bargain right now.

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06Sep2011
Author
Dan Green
Filed Under
Mortgage Rates
5-Year ARM Falls Below 3 Percent Thumbnail

5-Year ARM Falls Below 3 Percent

The 2011 Refi Boom's Second Wave has started. 5-Year ARMs are leading the charge. Assuming discount points are paid, ARMs are now below 3 percent.

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02Sep2011
Author
Dan Green
Filed Under
Mortgage Rates
“Lock it Or Lose It” : Mortgage Rates Changing Quickly Thumbnail

“Lock it Or Lose It” : Mortgage Rates Changing Quickly

Mortgage rates continue to change at a frenetic pace. If you're not locking your rate, you're losing your rate.

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03Aug2011
Author
Dan Green
Filed Under
Mortgage Rates
Separation Between 10-Year Treasury Note And Mortgage Rates Thumbnail

Separation Between 10-Year Treasury Note And Mortgage Rates

Since the financial crisis of 2008, the average weekly 30-year fixed rate mortgage and the 10-year Treasury note moved in the same direction by the same amount once. Once.

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26Jul2011
Author
Dan Green
Filed Under
Mortgage Rates
FHA Mortgage Rates Vs. Conforming Mortgage Rates : Which Are Cheaper? Thumbnail

FHA Mortgage Rates Vs. Conforming Mortgage Rates : Which Are Cheaper?

The FHA insures 25% of the mortgage purchase market these days, up from 5 percent in 2006. Is it because FHA mortgages are cheaper than conforming ones?

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19Jul2011
Author
Dan Green
Filed Under
Mortgage Rates
4 Things That Don’t Control The Future Of Mortgage Rates Thumbnail

4 Things That Don’t Control The Future Of Mortgage Rates

There is only one thing that controls where mortgage rates go next -- and it's not the 10-year treasury note.

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01Jul2011
Author
Dan Green
Filed Under
Mortgage Rates
Mortgage Rates Changing Every 3 Hours, 23 Minutes Thumbnail

Mortgage Rates Changing Every 3 Hours, 23 Minutes

Mortgage rates are changing at a blistering pace. If you're not locking your rate, you're losing your rate.

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15Jun2011
Author
Dan Green
Filed Under
Mortgage Rates
Mortgage Rate Velocity Takes Off; Leaves Rate Shoppers In Its Dust Thumbnail

Mortgage Rate Velocity Takes Off; Leaves Rate Shoppers In Its Dust

Since the start of June, mortgage rates are changing with alarming frequency. It's an all-time high for Mortgage Rate Velocity. You need to see these stats.

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14Jun2011
Author
Dan Green
Filed Under
Mortgage Rates
The Mortgage Refi Boom Of 2011 Has Officially Begun Thumbnail

The Mortgage Refi Boom Of 2011 Has Officially Begun

Mortgage rates have dropped for 8 straight weeks, signaling the start of a new Refi Boom. Don't watch this one pass. It won't last long. Exploit it while you can.

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01Jun2011
Author
Dan Green
Filed Under
Mortgage Rates
Rate Shoppers : Mortgage Rate Velocity Picks Up In May 2011 Thumbnail

Rate Shoppers : Mortgage Rate Velocity Picks Up In May 2011

Paraphrasing Ferris Bueller, mortgage rates move fast. If you don't stop and look around once in a while, you might miss them. Mortgage rates changed every 4 hours, 12 minutes in May 2011.

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02May2011
Author
Dan Green
Filed Under
Mortgage Rates
Be Quick : Mortgage Rates Change In Fewer Than 5 Hours Thumbnail

Be Quick : Mortgage Rates Change In Fewer Than 5 Hours

In April 2011, lenders issued 1.70 rate sheets per day. This means that mortgage rates changed every 4 hours, 42 minutes on average. It's a slower rate of change from March, but still really, really fast.

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28Apr2011
Author
Dan Green
Filed Under
Mortgage Rates
The U.S. Government : Your Mortgage Rate “Middle Man” Thumbnail

The U.S. Government : Your Mortgage Rate “Middle Man”

Today's blog content is posted at Keith Gumbinger's HSH.com. HSH is a regular gig for me; an opportunity to write for a second, mortgage-hungry audience. This week's article is titled "Your mortgage rate is treated like auto insurance".

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01Apr2011
Author
Dan Green
Filed Under
Mortgage Rates
Think Fast! Mortgage Rates Change Every 3 Hours, 32 Minutes. Thumbnail

Think Fast! Mortgage Rates Change Every 3 Hours, 32 Minutes.

In March 2011, lenders issued 2.26 rate sheets per day. Mortgage rates changed each 3 hours, 32 minutes on average.

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01Mar2011
Author
Dan Green
Filed Under
Mortgage Rates
Mortgage Rate Velocity Speeds To 3 Hours, 16 Minutes Thumbnail

Mortgage Rate Velocity Speeds To 3 Hours, 16 Minutes

Mortgage Rate Velocity -- the speed at which mortgage rates change on a day-to-day basis -- is increasing. In February, mortgage rates changed every 3 hours, 16 minutes on average.

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14Feb2011
Author
Dan Green
Filed Under
Mortgage Rates
Rapidly Rising Homeownership Costs And The End Of The Refi Boom Thumbnail

Rapidly Rising Homeownership Costs And The End Of The Refi Boom

Since November, the long-term cost of homeownership is up 10.6%. And it will keep rising, too, as the economy expands. Lock in cheap financing while you still can. You'll save more money with your mortgage than you ever can on your home.

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03Jan2011
Author
Dan Green
Filed Under
Mortgage Rates
The Mortgage Rate Roller Coaster : Take A Dizzying Ride Through 2010 Thumbnail

The Mortgage Rate Roller Coaster : Take A Dizzying Ride Through 2010

Leave your metaphors at home. Take a front-row seat on an actual 2010 Mortgage Rate Roller Coaster, mapped to scale 100%. Just be sure to strap yourself down.

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17Nov2010
Author
Dan Green
Filed Under
Mortgage Rates
Mortgage Rates : Changing Faster Than You Can Shop Them Thumbnail

Mortgage Rates : Changing Faster Than You Can Shop Them

Mortgage rates are changing almost to quick to time. Forget mortgage rate shopping. Start mortgage rate locking.

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30Jul2010
Author
Dan Green
Filed Under
Mortgage Rates
Make Back The Cost Of Your Refinance More Than 16 Times Over Thumbnail

Make Back The Cost Of Your Refinance More Than 16 Times Over

It's a Refi Boom. The biggest one we've seen in a while. Homeowners are *finally* pulling the trigger on new mortgages, lowering their monthly payments by staggering dollar figures.

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15Jun2010
Author
Dan Green
Filed Under
Mortgage Rates
How Shopping For Mortgage Rates Is Like Shopping For A Suit Thumbnail

How Shopping For Mortgage Rates Is Like Shopping For A Suit

When people visit national mortgage sites for "rates", what they're looking is for something akin to a MSRP for Mortgages; a way to keep their lender honest about rate quotes and such. Sadly, markets don't work that way. You can't visit a national website for a single mortgage rate any more than that you could watch a national forecast for a single weather report.

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02Jun2010
Author
Dan Green
Filed Under
Mortgage Rates

Timely, Relevant Advice For Households Thinking Of A Refinance

It's rare to hear a newscaster come right out and say "now is the time to refinance your home". It's even more rare when they get the message right. If you missed the last Refi Boom, here's what you need to know.

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01Jun2010
Author
Dan Green
Filed Under
Mortgage Rates
Mortgage Rates Are Range-Bound And, Therefore, Are Doomed To Rise Thumbnail

Mortgage Rates Are Range-Bound And, Therefore, Are Doomed To Rise

Mortgage rates are rising. 5 percent, 30-year fixeds will be here soon. It's apparent with just one look at a chart going back 16 months.

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25May2010
Author
Dan Green
Filed Under
Mortgage Rates
It’s Time To Refinance : Mortgage Rates Are Officially Lower Than They’ve Ever Been Thumbnail

It’s Time To Refinance : Mortgage Rates Are Officially Lower Than They’ve Ever Been

30-year fixed conforming mortgage rates have moved lower on the day and successfully pushed through to their lowest levels of all-time. Let's say it again : Of all time.

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03May2010
Author
Dan Green
Filed Under
Mortgage Rates
Mortgage Rate Velocity Accelerates In April; Rates Change Every 4 Hours, 6 Minutes Thumbnail

Mortgage Rate Velocity Accelerates In April; Rates Change Every 4 Hours, 6 Minutes

In April, mortgage pricing crossed the threshold every 4 hours, 6 minutes, on average. For rate shoppers, it means that the rate quote you got this morning -- from your loan officer, from your bank's website, or from wherever -- is 100% useless to you by the time this afternoon rolls around.

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27Apr2010
Author
Dan Green
Filed Under
Mortgage Rates
Predicting Mortgage Rates Ahead Of The Fed’s April 27-28, 2010 Meeting Thumbnail

Predicting Mortgage Rates Ahead Of The Fed’s April 27-28, 2010 Meeting

The Federal Open Market Committee starts a 2-day meeting today, one of 8 scheduled meetings for the year. Bernanke & Co. are expected to leave the Fed Fund Rates unchanged after the meeting, but that doesn't mean mortgage rates will be unchanged, too. Au contraire, mortgage rates will be all over the place.

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14Apr2010
Author
Dan Green
Filed Under
Mortgage Rates
Defending Your Home From Mortgage Rate Velocity Thumbnail

Defending Your Home From Mortgage Rate Velocity

Life is getting difficult for home buyers and rate shoppers. Since the start of April, mortgage lenders are averaging 2.25 rate sheets per day. Mortgage Rate Velocity -- the pace of rate sheet change -- is as high as it's been in a year.

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