Monthly Archives: July 2013

My Thoughts for the Week of July 29, 2013

Last week we saw Mortgage Backed Securities worsen by about 50 basis points, which caused mortgage rates to move higher by about .125%. This brought an end to the 2 previous weeks of rate improvements that I was expecting after … Continue reading

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My Thoughts for the Week of July 15, 2013

Last week saw mortgage rates improve an average of .125 to .250 percent from the previous week. While each day continues to contain volatility, we enjoyed rate improvements 4 out of 5 days with the largest gains coming on Monday … Continue reading

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My Thoughts for the Week of July 8, 2013

If you were lucky enough to get the 5th off, welcome back from the long weekend. A lot can happen in such a short amount of time. Last Friday, with skeleton crews running the trading desks, we saw the release of … Continue reading

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My Thoughts for the Week of July 1, 2013

This week we are in store for two treats; markets will be closed for the 4th to celebrate our Independence and reopen on the 5th to celebrate our dependence on the monthly employment reports. A few weeks ago at the … Continue reading

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