The mortgage market has experienced significant volatility over the past week, driven by ongoing economic uncertainty. Here’s a look at how rates are trending as the market opened today, Monday, April 7, 2025: Morning Market Activity: 8:31 AM: Mortgage-Backed Securities (MBS) are down -13 basis points (bp). No major economic data releases are scheduled for…

Navigating the ever-changing landscape of mortgage rates can be challenging. This Monday, we’re seeing a shift in the market after a period of improvement last week. Here’s a comprehensive breakdown of today’s mortgage rate update and what it means for potential homebuyers. Market Open and Initial Data: The market opened with some noteworthy data points:…

Welcome to your Monday Mortgage Rate Update for March, 10 2025. Mortgage markets have shown positive momentum in recent weeks, with rates generally improving since early March. Today, we’re seeing continued fluctuations influenced by market dynamics. Let’s dive into the details: Market Snapshot: Morning Opening (8:37 AM): Mortgage-Backed Securities (MBS) opened up +25 basis points…

Friday saw a continuation of the positive trend in mortgage markets, with rates improving from the close of last week. The market opened with encouraging signs, and while volatility was present throughout the day, rates ultimately posted solid gains. Market Movements: Morning: MBS (Mortgage-Backed Securities) saw significant gains, initially up +19 basis points (bps) after…

The bond and stock markets experienced a period of volatility this week, yet mortgage rates remained unchanged from their closing levels last Friday. Market Overview: Morning: The market opened with Mortgage-Backed Securities (MBS) trading down 16 basis points (bps) following the release of employment data. Job gains were in line with expectations, but wage growth…

Friday’s mortgage rates experienced a slight decline, ending the week with a modest improvement. This comes amidst mixed economic data and ongoing uncertainty surrounding the Federal Reserve’s future monetary policy decisions. Market Movements: Morning: Mortgage-backed securities (MBS) initially declined, but quickly rebounded. Afternoon: MBS prices experienced further declines, potentially leading to unfavorable repricing for borrowers.…

Mortgage rates remained relatively stable this week despite the release of several key economic data points. The market opened with a slight increase in mortgage-backed securities (MBS) and continued to fluctuate throughout the day. Market Movements: Morning: MBS prices rose significantly, indicating a potential drop in rates. Midday: Prices experienced a sharp decline, pushing rates…

Mortgage rates saw some improvement today, following continued positive economic data. The market opened with a strong upward trend, but volatility ensued throughout the day. Market Movements: Morning: MBS prices initially rose significantly, indicating a potential drop in rates. This was driven by positive economic data, including stronger-than-expected Housing Starts. Midday: The market experienced increased…

Friday’s mortgage rates have seen a sharp increase, driven by stronger-than-expected job growth data. This morning, the market opened with a significant decline in mortgage-backed securities (MBS), indicating rising interest rates. Key Market Movements: Early Morning: MBS prices dropped by 38 basis points (bps) after the release of the jobs report. Mid-Morning: The decline deepened…

Mortgage rates experienced a slight dip today, ending the week with a modest decline. The market opened with a positive note, but sentiment shifted throughout the day as investors digested mixed economic data. Market Movement: Morning: Mortgage-backed securities (MBS) initially saw a significant increase, reflecting positive market sentiment. Midday: The momentum reversed, with MBS prices…