Reggie Green's (rpgj80) Blog

Follow me
By
Mortgage and Lending - Team Green at Fairway Independent Mortgage Corporation - 229993
RECENT BLOG POSTS
Mortgage Interest Rates Hit 2 Week Lows   September 24th, 2014   Mortgage interest rate pricing is a fickle market to follow. Last week, mortgage interest rate pricing had moved higher – pushing mortgage interest rates to some of their highest levels in close to 4 months. The rates pricing wasn’t...
09/24/2014
Rates Move Up 4 of the last 5 days – FED statement on Wednesday September 15th, 2014   After a modest gain last Monday of + 4 bps, Interest rates went up Tuesday through Friday with the Mortgage Backed Security (MBS) market ending down – 71 bps on the week.   On Monday – the market closed + 15 bp...
09/15/2014
RATES RISE – 30 YEAR FIXED TO 4.125% September 8th, 2014 Last week had 2 important events for interest rates. On Thursday – the ECB announced a less than expected plan and no specifics to deal with the European Union’s problems. Mortgage backed securities sold off – and rates rose. On Friday – th...
09/07/2014
INTEREST RATES IMPROVE 7 DAYS STRAIGHT / VOLATILITY AHEAD   September 3rd, 2014   I hope everyone had a happy and safe Labor Day weekend.   Interest rates improved 7 days straight with the Mortgage Backed Security market trading higher every day last week and closing + 38 bps higher on the week. ...
09/03/2014
30 YEAR FIXED TO 4% August 26th, 2014 Last week saw interest rates move up at the beginning of the week and improve near the end of the week. The Mortgage Backed Security (MBS) market ended last week trading down – 31 bps. At the close of trading on Tuesday of this week – the MBS market is tradin...
08/26/2014
RATES CLOSE TO LOWEST LEVELS OF THE YEAR August 19th, 2014 Mortgage rates hit their lowest levels in 2 months on Friday when concern over escalation of the Ukraine/Russia conflict had investors trading for safety. The Mortgage Backed Security Market closed the day up + 26 basis points, and finish...
08/19/2014
RATES MOVE SIDEWAYS / VOLATILITY AHEAD August 10th, 2014 Mortgage rates moved sideways last week even though the MBS market closed the week trading up + 22 bps. Markets hit their highs on Thursday with geopolitical concerns causing investors to seek safety in treasuries and bonds. On Friday – aft...
08/11/2014
MORTGAGE RATES RECOVER AFTER JOBS REPORT   August 4th, 2014   Mortgage Rates were extremely volatile last week with a lot of movement in the Mortgage Backed Security Market.   On Wednesday – mortgage interest rate pricing shot up sharply with GDP data coming in higher than expected. The MBS marke...
08/04/2014
TODAY’S MORTGAGE INTEREST RATES – 30 YEAR FIXED BACK TO 4.125%   July 21st, 2014   Interest Rate pricing moved up on my rate sheets this week even though the MBS market closed + 2 bps. Every day the MBS market closed down except Thursday, when markets reacted to the reports of a civilian plane be...
07/21/2014
MORTGAGE RATES IMPROVE 4 DAYS STRAIGHT / LOWEST RATES I HAVE OFFERED THIS YEAR   July 14th, 2014   After going higher every day the previous week, interest rates stayed the same on Monday and improved every other day of last week. The Mortgage Backed Security market closed trading + 65 bps, pushi...
07/15/2014
Rainer
111,437

Reggie Green

Branch Manager, Top 1% Mortgage Originator
local_phone(480) 206-5577
Contact The Author