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I will be on semi-hiatus from blogging until January 5, 2009. Mostly, it's to work on my clients' refinance and purchase loans, but it's also to catch a little break with my family. If you miss me, get your fix from my Twitter feed: http://twitter.com/mortgagereports. On Twitter, I give a...

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In late-November, as mortgage rates fell into the fives, homeowners around the country helped to start a mini-Refi Boom. This week, they've all had second thoughts. Rest easy, friends. You're not missing out. See, it's well-known that 0-point mortgage rates touched 4.500 percent Wednesday. But it's...

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I am a regular participant in the Bankrate.com Mortgage Rate Trend survey and this week's survey is now available. The Bankrate.com survey is for conforming mortgages. It does not apply to FHA mortgages, VA mortgages, or jumbo mortgages. For rate quotes, email me directly. Here are the group's...

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The Federal Open Market Committee voted to lower the Fed Funds Rate by at least three-quarters percent today. The benchmark rate now rests in a range of 0.000-0.250 percent, the lowest Fed Funds Rate recorded levels in history. And while the rate cut matters to Americans, it was more just...

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The Federal Open Market Committee adjourns from its two-day meeting this afternoon. The voting members are widely expected to lower the Fed Funds Rate by a half-percent to 0.500 percent, the lowest Fed Funds Rate in recorded history. Mortgage rates should rise in response. This is a...

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The Witching Hour: In November, the 3:00 P.M. hour generated 26 percent of the total S&P 500 volume for the month; the last 30 minutes accounted for 17 percent. Markets are closing out the day in spastic fashion and mortgage rate shoppers often pay the price. When markets move towards...

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Author's note: This is an advertisement/awareness piece for Bring the Blog. Dan Green is an owner of the company. Bring the Blog is a blog-for-you service for loan officers and real estate agents. Starting Monday, December 15, 2008, monthly subscriptions increase from $39 to $57 monthly for new...

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The Wall Street Journal ran a terrific story Thursday, deep under the C section. The piece talks about Wall Street's 3 o'clock hour and how it's increasingly defining market performance. Because we're in a down market and investors are highly levered, with each day comes a new batch of forced...

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I am a regular participant in the Bankrate.com Mortgage Rate Trend survey and this week's survey is now available. The Bankrate.com survey is for conforming mortgages. It does not apply to FHA mortgages, VA mortgages, or jumbo mortgages. However, I do lend on all of these loan types in all...

Read the full post at http://www.themortgagereports.com

Mortgage rates are a by-product of the mortgage bond market and, like everything else on Wall Street, they are subject to speculation. In general, when the economy is expected to expand in an orderly fashion, money often chases risk. It flows from the bond market to the stock market. By...

Read the full post at http://www.themortgagereports.com