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Stable and Sideways Now That Rates Are Back in The Range

Stable and Sideways Now That Rates Are Back in The Range

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Stable and Sideways Now That Rates Are Back in The Range
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Stable and Sideways Now That Rates Are Back in The Range
Stable and Sideways Now That Rates Are Back in The Range
Stable and Sideways Now That Rates Are Back in The Range
Stable and Sideways Now That Rates Are Back in The Range
News & media website News & media website | 1 year ago
Stable and Sideways Now That Rates Are Back in The Range The past two days had seen more volatility in rates markets as traders reconciled lower inflation readings and upbeat economic data.  The net effect was a fairly quick move back up into the familiar old "sideways, volatile range."  As rates hit the 2.91% pivot point yesterday (and again overnight), there was immediately less of an impulse to sell.  As they drifted back down to the 2.85% technical level, there was less of an impulse to b...
Stable and Sideways Now That Rates Are Back in The Range The past two days had seen more volatility in rates markets as traders reconciled lower inflation readings and upbeat economic data.  The net effect was a fairly quick move back up into the familiar old "sideways, volatile range."  As rates hit the 2.91% pivot point yesterday (and again overnight), there was immediately less of an impulse to sell.  As they drifted back down to the 2.85% technical level, there was less of an impulse to b...
Sideways Range Taking Shape
Sideways Range Taking Shape
Sideways Range Taking Shape
Sideways Range Taking Shape
News & media website News & media website | 1 year ago
As rates moved up from the lows seen at the end of May, we viewed it as the confirmation of the broader sideways momentum that we hoped would replace the pervasive upward momentum that had been in place for most of 2022.  As rates moved down from the long-term highs that followed the CPI scare and Fed adjustment, we knew we'd be looking to flesh out the boundaries of that range.  We're already seeing the first candidate based on selling pressure from Friday and now this morning. That sellin...
As rates moved up from the lows seen at the end of May, we viewed it as the confirmation of the broader sideways momentum that we hoped would replace the pervasive upward momentum that had been in place for most of 2022.  As rates moved down from the long-term highs that followed the CPI scare and Fed adjustment, we knew we'd be looking to flesh out the boundaries of that range.  We're already seeing the first candidate based on selling pressure from Friday and now this morning. That sellin...
Mortgage rates hover in the lower 5% range
Mortgage rates hover in the lower 5% range
Mortgage rates hover in the lower 5% range
Mortgage rates hover in the lower 5% range
housingwire housingwire | 1 year ago
Purchase mortgage rates this week averaged 5.10%, down only one basis point from a week ago. A year ago at this time, 30-year fixed-rate purchase rates were at 2.98%. The post Mortgage rates hover in the lower 5% range appeared first on HousingWire.
Purchase mortgage rates this week averaged 5.10%, down only one basis point from a week ago. A year ago at this time, 30-year fixed-rate purchase rates were at 2.98%. The post Mortgage rates hover in the lower 5% range appeared first on HousingWire.
MBS Live Morning: More Evidence For a Sideways Range
MBS Live Morning: More Evidence For a Sideways Range
MBS Live Morning: More Evidence For a Sideways Range
MBS Live Morning: More Evidence For a Sideways Range
News & media website News & media website | 1 year ago
By last Friday, not only had the bond market seen a 2-week improvement for the first time all year, but the ground covered during those 2 weeks was bigger than any other 2 week period going back to the start of the pandemic.  That's the good news.  The bad news is that the gains were made possible by yields hitting 3.20% on May 9th.  The other bad news is that the gains have been largely dependent on heavy losses in the stock market.  As stocks bounce back today, so too have bond yields.  N...
By last Friday, not only had the bond market seen a 2-week improvement for the first time all year, but the ground covered during those 2 weeks was bigger than any other 2 week period going back to the start of the pandemic.  That's the good news.  The bad news is that the gains were made possible by yields hitting 3.20% on May 9th.  The other bad news is that the gains have been largely dependent on heavy losses in the stock market.  As stocks bounce back today, so too have bond yields.  N...
HELOCs are now “raging back”
HELOCs are now “raging back”
HELOCs are now “raging back”
HELOCs are now “raging back”
housingwire housingwire | 1 year ago
A combination of fast-rising home values and the fact that nearly two-thirds of borrows with at least some home equity have mortgage rates below 4% — and would not benefit from refinancing — is helping to propel a resurgent market for home-equity lines of credit (HELOCs). The post HELOCs are now “raging back” appeared first on HousingWire.
A combination of fast-rising home values and the fact that nearly two-thirds of borrows with at least some home equity have mortgage rates below 4% — and would not benefit from refinancing — is helping to propel a resurgent market for home-equity lines of credit (HELOCs). The post HELOCs are now “raging back” appeared first on HousingWire.
Have You Heard The One About The Sideways, Volatile Range?
Have You Heard The One About The Sideways, Volatile Range?
Have You Heard The One About The Sideways, Volatile Range?
Have You Heard The One About The Sideways, Volatile Range?
News & media website News & media website | 1 year ago
It's been the phrase we love to hate since late May when bond yields encountered firm resistance as they failed to break below 2.7% for 4 straight days.  At the time, we couldn't see a case for much more of a rally as that would require several months of tamer inflation data.  June's bounce was no surprise in that context, but last week's hotter CPI data made the bounce bigger than it otherwise might have been.  We're still in a volatile sideways range, with a strong enough suggestion for a c...
It's been the phrase we love to hate since late May when bond yields encountered firm resistance as they failed to break below 2.7% for 4 straight days.  At the time, we couldn't see a case for much more of a rally as that would require several months of tamer inflation data.  June's bounce was no surprise in that context, but last week's hotter CPI data made the bounce bigger than it otherwise might have been.  We're still in a volatile sideways range, with a strong enough suggestion for a c...
Sideways to Slightly Stronger as Bonds Prepare to Defend The Range
Sideways to Slightly Stronger as Bonds Prepare to Defend The Range
Sideways to Slightly Stronger as Bonds Prepare to Defend The Range
Sideways to Slightly Stronger as Bonds Prepare to Defend The Range
News & media website News & media website | 1 year ago
Although Friday's post-payrolls sell-off was unpleasant for the bond market in the context of a single trading day, it was arguably a resilient showing considering the strength of the data and the shift in Fed rate hike expectations earlier in the week. After all, Fed Funds Futures for mid-2023 added almost 50bps from Tuesday morning before Daly's rate hike comments through Friday's close. Meanwhile, 10yr Treasury yields rose less than 30bps. Also potentially relevant is the fact that yields gen...
Although Friday's post-payrolls sell-off was unpleasant for the bond market in the context of a single trading day, it was arguably a resilient showing considering the strength of the data and the shift in Fed rate hike expectations earlier in the week. After all, Fed Funds Futures for mid-2023 added almost 50bps from Tuesday morning before Daly's rate hike comments through Friday's close. Meanwhile, 10yr Treasury yields rose less than 30bps. Also potentially relevant is the fact that yields gen...
What to look for now that Tempe and the Coyotes are negotiating an arena deal
What to look for now that Tempe and the Coyotes are negotiating an arena deal
What to look for now that Tempe and the Coyotes are negotiating an arena deal
What to look for now that Tempe and the Coyotes are negotiating an arena deal
bizjournals bizjournals | 1 year ago
Nine months after the Arizona Coyotes submitted their proposal for an arena and entertainment district in Tempe, the city is moving forward with negotiations. But city and team officials warn there's a long process ahead. Here's what's at play what to expect.
Nine months after the Arizona Coyotes submitted their proposal for an arena and entertainment district in Tempe, the city is moving forward with negotiations. But city and team officials warn there's a long process ahead. Here's what's at play what to expect.
Purchase mortgage rates are back above 5%
Purchase mortgage rates are back above 5%
Purchase mortgage rates are back above 5%
Purchase mortgage rates are back above 5%
housingwire housingwire | 1 year ago
The 30-year fixed-rate mortgage increased this week to average 5.22%, up from last week’s 4.99%. A year ago this time, rates averaged 2.77%. The post Purchase mortgage rates are back above 5% appeared first on HousingWire.
The 30-year fixed-rate mortgage increased this week to average 5.22%, up from last week’s 4.99%. A year ago this time, rates averaged 2.77%. The post Purchase mortgage rates are back above 5% appeared first on HousingWire.
10 Cities That Promise $2,000+ Rental Property Income and Stable Returns
10 Cities That Promise $2,000+ Rental Property Income and Stable Returns
10 Cities That Promise $2,000+ Rental Property Income and Stable Returns
10 Cities That Promise $2,000+ Rental Property Income and Stable Returns
mashvisor mashvisor | 1 year ago
To earn a stable rental property income, invest in cities that have steady population growth, a strong economy, and plenty of job opportunities. Table of Contents Should You Invest in a Rental Property in 2022? How Can You Earn Rental Property Income? Top 10 Cities With Monthly Rental Property Income of $2,000 or More How to Find a Profitable Rental Property Subscribe to Mashvisor to Find a Profitable Investment While the U.S. real estate market remains strong despite the pandemic, some rental ...
To earn a stable rental property income, invest in cities that have steady population growth, a strong economy, and plenty of job opportunities. Table of Contents Should You Invest in a Rental Property in 2022? How Can You Earn Rental Property Income? Top 10 Cities With Monthly Rental Property Income of $2,000 or More How to Find a Profitable Rental Property Subscribe to Mashvisor to Find a Profitable Investment While the U.S. real estate market remains strong despite the pandemic, some rental ...