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. [...]

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 [...]