• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

Mortgage Rates Drop at Fastest Pace of the Year; Why the Surge in Pending Home Sales Might be Temporary

Even though the most common weekly rate survey was out today showing a significant increase in rates, it was merely catching up to the move we already reported on Friday. Today, however, mortgage rates actually surged lower , capping an almost triumphant 3 days spent earning back some of last week’s losses.  We’re now somewhere between last Thursday and Friday’s levels on average, though we’d emphasize that there’s still a

Read more »

Mortgage Rates Drop At Fastest Pace In Three Weeks After Italian Elections

Mortgage rates moved lower today by the widest margin in over three weeks.  The faster-paced movement is courtesy of political tensions in Italy surrounding the country’s elections over the past two days.  Markets had expected a Bersani victory, which would be as close to a status quo as possible and seen as best for European stability.  Instead, Berlusconi may have won control of at least half of the Italian parliament. 

Read more »

Mortgage Rates Unchanged To Slightly Higher Heading Into 3-Day Weekend

Mortgage rates moved modestly higher for some lenders today, while others remained closer to unchanged territory.  Following Wednesday’s swing to 6-month highs, this leaves the average rate sheet somewhere between there and yesterday’s.  In terms of the actual interest rate, 3.625% remains as the most prevalent “best-execution” rate, with relatively small adjustments in costs vs yesterday.  Market movements during US trading hours have been relatively subdued for mortgage-backed-securities, or “MBS,” that most

Read more »

Abrupt Reversal For Markets Leaves Rates At Recent Highs

Mortgage rates did a complete 180, reversing yesterday’s improvement, and taking rates back in line with recent highs.  That sounds fairly ominous, and in the sense that further weakness would mean new multi-month highs, it is.  But less ominous is the fact that rates continue to operate in a narrow range where the only major day to day changes have been seen on the COST side of the equation.  There’s further

Read more »
Next Page »
 
Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
Real Time Web Analytics