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What’s Ahead For Mortgage Rates This Week – (May 17, 2010)

Mortgage markets improved last week — but barely — as ongoing doubt surrounding the health of Greece and the Euro pushed additional investors into safe assets, including mortgage bonds.

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Rates Can’t Get Better Forever

Well, we had a nice run from Jan. 14-15, but rates are taking a break from getting better…at least for now. Mortgage bonds are currently down 16 bps, and mortgage rates should open a tad higher this morning. There are no economic reports for today, but tomorrow we got a hell of a lineup: Producer…Read the Rest of Article

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Posted in Mortgage Insights | Comments Off