What May Impact Mortgage Rates this Week: March 24, 2014

mortgageporter-economyMortgage rates are based on bonds (mortgage backed securities) and often fluctuate throughout the day depending on activity in the markets. Often times when the stock market is taking a hit, we’ll see mortgage rates improve as investors will trade seek the safety of bonds. World events, like what is taking place in Crimea, may impact mortgage rates,  as will the Fed’s bond buying program and economic data that is scheduled to be released. Here are some of the economic indicators scheduled to be released this week:

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What may impact mortgage rates this week: March 3, 2014

MortgagePorter-JobsReportMortgage rates are slightly improved this morning as the stock market is taking a bit of a hit. As I write this (8:45 am) the DOW is down about 200 points. It’s not unusual to see mortgage rates improve when the stock markets are selling off as investors will seek the safety of bonds.  Mortgage rates are based on bonds (mortgage backed securities) and will often react opposite to the stock market.

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What May Impact Mortgage Rates this Week: February 3, 2014

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Mortgage Master representing the 12th Man!

SEA – HAWKS!!! SEA – HAWKS!!! Yes, I’m still very excited and thrilled over our team’s incredible Super Bowl win. Although trouncing the Denver Bronco’s in the big game won’t impact mortgage interest rates, it certainly influences the mood here in Seattle and for all Seattle Seahawk fans. We did it!!

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What May Impact Mortgage Rates this Week: January 20, 2014

1560492_10151836164426046_1986095200_nWoooo whoooo SEAHAWKS!! Okay, I know that winning the NFC Championship against the 49er’s has nothing to do with mortgage interest rates… I just couldn’t help myself :)

This week’s economic calendar is very light. Markets, as well as our office, were closed yesterday to observe Martin Luther King Day.

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What May Impact Mortgage Rates this Week: January 6, 2014

MortgagePorter-JobsReportThis week we’ ll be watching for the minutes from the last FOMC meeting and the Jobs Report as they may impact the direction of mortgage interest rates. It’s anticipated that employers added 197k jobs in December. Here are the economic indicators scheduled to be released this week:

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What May Impact Mortgage Rates this Week: December 23, 2014

mortgageporter-economyHappy Holidays! With this being a short week due to Christmas, we may see a bit more volatility with mortgage rates with many traders taking time off for the holidays. Markets will be closing early on Tuesday for Christmas Eve and will be closed all day Wednesday. Here are some of the economic indicators scheduled to be released this week:

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What May Impact Mortgage Rates this Week: December 9, 2013

mortgageporter-economyThis week’s calendar of economic indicators is very light compared to last week. Here’s what is scheduled to be released this week:

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What May Impact Mortgage Rates this Week: December 2, 2013

MortgagePorter-JobsReportThis week is packed with economic data that may impact mortgage the direction of mortgage interest rates including the Jobs Report on Friday. Here are some of the economic indicators scheduled to be released:

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