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News Affecting Mortgage Interest Rates 01/24/11

24 January 2011

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On Tuesday this week, the Federal Open Market Committee (FOMC) will be holding their first meeting and will adjourned on Wednesday at 2:15ET. At that time, Bernanke and Company (FOMC) will release their first meeting results which will be scrutinized word for word by the traders. The traders will be looking for to see if  and when the FOMC [...]

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News Affecting Mortgage Interest Rates 09/20/2010

20 September 2010

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This will be a quiet week even though several economic reports will be released from housing to FOMC. But overall, mortgage interest rates have been holding at these lower rates though this can change at a blink of an eye. The most important news for this week will be Bernanke and Company’s schedule meeting on [...]

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News Affecting Mortgage Interest Rates 07/26/10

26 July 2010

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This week brings us 7 economic reports that could affect the mortgage interest rates. Though we will start the week out on Monday with New Home Sales which is expected is be up a bit which shouldn’t affect mortgage interest rates since the report only tracks about 15% of the new home sales. But if it [...]

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News Affecting Mortgage Interest Rates for 07/19/10

19 July 2010

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This week will be a light week for economic reports. But what can and may move the bond market will be Fed. Chairman Bernanke’s testimony on Wednesday to the Senate Banking Committee and on Thursday to the House Financial Committee. Each word in his opening statement on Wednesday will be closely analyzed to see where he thinks the economy is [...]

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News Affecting Mortgage Interest Rates 07/12/2010

12 July 2010

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     This week will be a busy one with 6 important economic reports being released all towards the end of the week.      So what is in store for us? First off will be the one of two Treasury Auctions on Tuesday when the 10 year Notes will be sold. Retails Sales and the FOMC meeting [...]

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News Affecting Mortgage Interest Rates for Week of 06/21/2010

21 June 2010

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     The top news for this week will be what the Feds have to say when their meeting minutes are published. Bernanke and Company start their two day meeting this Tuesday. At the end, they will released their meeting minutes in which investors and traders will dissect each word and phrase that they hope will [...]

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News Affecting Mortgage Interest Rates 06/07/10

7 June 2010

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      What a week we had!       US Job Rate came in at a surprise. Traders expected around 500,000 but got 431,000 with the majority of them being Census Jobs (411,000) which are temporary and will end soon. About the only good news out of this Jobs Report was that average hours worked improved. The Greece and the oil [...]

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