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DATE
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Mortgage
Rates Information
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4/15/05
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10:27
am. The U.S. markets have taken
a tumble over the past weeks. It
appears as more data from earnings
flow in, the economy is not very
healthy. Major companies are showing
slumping earnings and less than
expected quarters. The fear is an
understandable equation. Weak earnings
this month means job losses next
month. This should all hold inflation
in check and therefore the mortgage
rates have started to trend downward.
They have eased off of their month
highs.
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4/13/05
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12:12
pm. Oil is off its' highs,
crude oil supply numbers are looking
better. The notes from the last
Fed meeting suggests the easing
of inflationary factors over the
economy. The mortgage rate market
is easing and rates may slowing
adjust down barring the reappearance
of inflation factors.
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4/11/05
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11:09 am.
The markets are looking at a mixed
bag of data this morning. It appears
that the record high oil prices
are easing off. This would usually
rally the mortgage rate market to
higher rates but it is being held
in check by other data. Earnings
by large American companies are
coming in down. As earnings reports
are looking bad mortgage rates may
hold in check.
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4/9/05
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Mortgage
rate markets closed.
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4/6/05
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10:27 am.
The yield on the bond is easing
as the fears of inflation has calmed.
Expect mortgage rates to stay high
but they may trend down until fears
of inflation grow. Corporate earnings
have been a mixed bag of data and
market traders are looking out for
signals for the markets.
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4/4/05
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10:34 am.
Mortgage rates will most likely
hold for today. They should have
adjusted higher as information from
the FED suggest a desire to increase
rates, but the soaring cost of oil
may scare the markets. Oil's higher
prices have a tendency to slow down
the pace of inflation. But the numbers
are showing inflation has been around
and may rise. The markets are holding
for more data.
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4/3/05
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Mortgage
rate markets closed.
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4/2/05
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Mortgage
rate markets closed.
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4/1/05
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10:53 am. The
US employers added 110,000 jobs
to the economy. But this was less
than forecasted. Following that
is the slower pace of manufacturers
orders. Both these news reports
should push the mortgage rates down.
However, they are holding strong
and not budging. Rates will trend
upwards until the FED eases its
language.
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