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Monthly Archives: February 2015

Mortgage Market in Review – Feb. 23, 2015

Mortgage bond prices finished the week lower which put upward pressure on rates. Rates started the week on a negative note in continuation of the selloff the prior Friday ahead of the extended holiday weekend. The negative trend continued despite some rate friendly data. Housing starts were 1065K versus the expected 1070K. The producer price […]

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Mortgage Market in Review – February 9, 2015

Market Comment Mortgage bond prices finished the week lower last week which pushed rates higher. Rates started the week on a positive note in response to data Monday. The ISM Index was 53.5 versus the expected 54.7 which helped rates fall. Unfortunately the rate improvements were short-lived and rates turned upward as economic conditions in […]

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