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Monthly Archives: April 2014

Mortgage Market in Review – April 28, 2014

Market Comment Mortgage bond prices finished the week higher, which pushed rates lower.  The market was negative the beginning of the week. Weaker than expected housing data Tuesday and Wednesday helped us recover the losses.  Existing and new home sales data were both lower than expected which helped rates improve.  Weekly jobless claims were better […]

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Mortgage Market in Review – April 21, 2014

Market Comment Mortgage bond prices finished the week lower which pushed rates higher. The market was negative most of the week as stocks rebounded and the data came in against us. The consumer price index rose 0.2%, higher than the expected 0.1% increase. The core, which excludes volatile food and energy, rose 0.2% and was […]

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Mortgage Market in Review – April 14, 2014

Market Comment Mortgage bond prices finished the week higher, which pushed rates lower.  The market was positive most of the week as stocks struggled.  The economic data was generally not rate friendly but things were kept in check with continued stock weakness throughout most of the week.  Weekly jobless claims printed at 300k and continuing […]

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Mortgage Market in Review – April 7, 2014

Market Comment Mortgage bond prices finished the week lower which pushed rates higher. The market was negative the first portion of the week as stocks surged higher and some of the early data was not rate friendly. Factory orders and ISM Index data were both a bit stronger than expected which pressured rates higher. Fortunately […]

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