http://chateaumortgage.net/newsletter Fri, 03 Sep 2010 17:18:42 +0000 http://backend.userland.com/rss092 en Market Comment Mortgage bond prices fell last week pushing interest rates moderately higher.  The up and down trading pattern continued with rates rising and falling throughout the week.  Strong stocks mid week and stronger than expected ISM Index data didn’t help rates.  Consumer confidence came in at 53.5, higher than the ... http://chateaumortgage.net/newsletter/?p=126 Market Comment Mortgage bond prices fell slightly last week pushing interest rates higher. Unfortunately the seesaw trading pattern continued with rates rising and falling throughout the week. We started the week with stronger than expected Industrial Production and Capacity Use data pressuring mortgage interest rates higher. Stocks fell mid-week following a ... http://chateaumortgage.net/newsletter/?p=125 Market Comment Mortgage bond prices rose last week helping recover some of the recent losses.  We started the week with weaker stocks helping the mortgage bond market.  Overall trading was choppy with data coming in all over the place.  Higher than expected core producer price index data mid week helped erase ... http://chateaumortgage.net/newsletter/?p=124 Market Comment Mortgage bond prices were higher last week applying downward pressure on mortgage rates.  Turmoil and volatility remain high with wide swings occurring in both stocks and bonds on an almost daily basis.  The economic outlook remains clouded at best.  Weekly jobless claims and the trade deficit remained high, hindering ... http://chateaumortgage.net/newsletter/?p=123 Market Comment Mortgage bond prices were near unchanged last week holding rates in check.  Stock strength the early part of the week caused bonds to struggle.  Weaker than expected personal income, outlays, PCE Core, and factory orders data helped bonds bounce back a bit.  Stocks extended their gains Wednesday once again ... http://chateaumortgage.net/newsletter/?p=122 Market Comment Mortgage bond prices rose last week pushing mortgage interest rates lower. Tame inflation readings and lower than expected US economic growth figures helped mortgage interest rates remain very favorable. The employment cost index came in as expected while the gross domestic product data showed a smaller than expected increase. ... http://chateaumortgage.net/newsletter/?p=121 Market Comment Mortgage bond prices rose last week pushing mortgage interest rates lower.  Higher than expected weekly jobless claims and continued claims helped mortgage interest rates remain very favorable.  Higher than expected existing home sales and leading economic indicators data prevented rates from improving dramatically.  Stocks remained volatile, which also resulted ... http://chateaumortgage.net/newsletter/?p=120 Market Comment Mortgage bond prices rose pushing mortgage interest rates lower. Retail sales figures came in lower than expected with a 0.5% decrease. The Treasury auctions were mixed but didn’t result in much volatility. Inflation generally remained in check as the producer price index fell 0.5%, lower than the expected 0.2% ... http://chateaumortgage.net/newsletter/?p=119 Market Comment Mortgage bond prices were near unchanged holding rates unchanged overall for the week. We started in positive territory as rates held low following the extended holiday weekend. Unfortunately some considerable stock strength pressured mortgage bonds lower and rates higher mid week. There wasn’t much data but the weekly jobless ... http://chateaumortgage.net/newsletter/?p=118 Market Comment Mortgage bond prices rose last week pushing mortgage interest rates lower. We started the week in positive territory as oil prices fell amid reports that supplies increased and adverse weather may miss the Gulf. Stocks generally struggled. Global economic instability continued which resulted in increased demand for mortgage bonds. ... http://chateaumortgage.net/newsletter/?p=117