Mortgage Rates on the Rise? Time to Refinance is Now!
Home Mortgage Loan Rates are on the rise. Over the past few weeks, we have seen an increase in the mortgage rates by a.25%. Most expects think the mortgage rates will continue to rise.
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Top 3 Florida Mortgage Lenders
Mortgage companies in Florida are professional and regulated organisations involved in the business of money lending to prospective clients who may be looking to purchase a property. The Florida mortgage market though has taken a bit of a beating over the last couple of years with the credit crunch, so times are harder for buyers if they haven’t got a large deposit or particularly good credit.
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Home Mortgage Refinance Calculator
Mortgage is better known as a home loan and this is an agreement made between the lender and the borrower. Many people opt for mortgage as a convenient option when buying or constructing a new home. The home mortgage refinance calculator is an important tool that is a great help when considering the refinance of a mortgage.
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When to Refinance Your Mortgage
What is your mortgage payment? Many feel they are locked into whatever it may be due to the economy. But believe it or not, new federal programs have been created to help people potentially refinance their homes in order to get a lower house payment with a lower interest rate.
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MBS WEEKLY: Bearish Bond Technicals Battle Mixed Econ Outlook
Posted To:MBS Commentary
Well well well, look where we sit. 10s rose from 3.60 to 3.80 in seven sessions. Took a short breather. Then fell from 3.80 to 3.60 in four days. Chop chop chop . On the week, the 3.625% coupon bearing 10 year Treasury note was +1-09. That's +41/32 from 98-24 all the way up to 100-01. Yields fell 14 basis point from 3.76% to 3.62%. Looking at a longer timeline….notice the cluster of weekly moving averages and rapidly narrowing trend channel. This pattern is called an ascending triangle or continuation pattern. It illustrates how trader positions are accumulating at higher and higher levels. If this chart was price, it would be very bullish. Meaning we would soon expect a breakout to the upside in the near future. Since the chart below is yield, we have to call it very bearish, at least…(read more)
This mortgage update is brought to you by: Adam Quinones – You can read the full article at MBS WEEKLY: Bearish Bond Technicals Battle Mixed Econ Outlook