Mortgage rates are little changed as the markets take a wait and see approach due to the attacks in Paris on Friday evening. Anytime you have some terrorists action or geopolitical event the markets tend to sell stocks and buy bonds as investors turn to
Nov 16, 2015 |
Mortgage rates are dropping slightly again this morning in reaction to some positive news today and the stock market decline. In economic news the October PPI ( Producer Price Index) which measure wholesale inflation fell 04% versus the 0.1% that was exp
Nov 13, 2015 |
Mortgage rates are slightly lower this morning as Mortgage Backed Secuirties (MBS) are near unchanged as they try to stabilize near the July lows. Mortgage rates have risen more than 0.25% since the low seen on October 26. Several factors are contributi
Nov 12, 2015 |