Current Mortgage Rates for Friday, February 24, 2017

February 24, 2017 by Leave a comment

Welcome to the Total Mortgage Current Mortgage Rates Blog. Here’s your daily mortgage rate forecast/advice. Where are mortgage rates going? Treasury yields are falling again this morning for the third consecutive day. The yield on the U.S 10-year Treasury note began the week at 2.45% and is now at 2.34%. Typically, mortgage rates trail behind... View Article

Read More

Current Mortgage Rates for Thursday, February 23, 2017

February 23, 2017 by Leave a comment

Welcome to the Total Mortgage Current Mortgage Rates Blog. Here’s your daily mortgage rate forecast/advice. Where are mortgage rates going? Mortgage Rates up in Freddie Mac PMMS The Freddie Mac Primary Mortgage Market Survey (PMMS) got released at 10am this morning and it revealed some more incongruity between mortgage rates and the 10-year yield. The... View Article

Read More

Fed Minutes Show Rate Hike Could Happen ‘Fairly Soon’

February 22, 2017 by Leave a comment

According to the minutes from the Federal Open Market Committee (FOMC) meeting on Jan. 31-Feb. 1, Federal Reserve officials think that an increase in the federal funds rate might be appropriate “fairly soon.” Here is the main quote that financial market participants have picked up on: “Many participants expressed the view that it might be appropriate to... View Article

Filed under: ,
Read More

Current Mortgage Rates for Wednesday, February 22, 2017

February 22, 2017 by Leave a comment

Welcome to the Total Mortgage Current Mortgage Rates Blog. Here’s your daily mortgage rate forecast/advice. Where are mortgage rates going? French Election and FOMC Minutes Moving Markets A few weeks back Treasury yields took a hit as the latest poll about the French presidential election caused investors to grow nervous that the far-right candidate Marine... View Article

Read More

Current Mortgage Rates for Tuesday, February 21, 2017

February 21, 2017 by Leave a comment

Welcome to the Total Mortgage Current Mortgage Rates Blog. Here’s your daily mortgage rate forecast/advice. Where are mortgage rates going? Fed officials echo Janet Yellen Yesterday I said that Fed officials would likely echo Janet Yellen’s comments during their speaking engagements this week. Well, it’s only Tuesday morning and already we have Philadelphia Fed President... View Article

Read More

Current Mortgage Rates for Monday, February 20, 2017

February 20, 2017 by Leave a comment

Welcome to the Total Mortgage Current Mortgage Rates Blog. Here’s your daily mortgage rate forecast/advice. Where are mortgage rates going? The U.S. markets are closed today in observance of Presidents’ Day. The rest of the week is fairly standard with a variety of economic data and speaking engagements from several Federal Reserve officials. The FOMC... View Article

Read More

Sale Pending Vs. Under Contract: What’s the Difference?

February 17, 2017 by Leave a comment

Whether you’re driving around a neighborhood or clicking through listings on Zillow, at some point you’re almost guaranteed to stumble across the perfect home: large yard, updated kitchen, hardwood floors—and a sign that says “sale pending” or “under contract.” So what do those mean, exactly, and do you still have a chance with the house... View Article

Filed under: ,
Read More