Interest Rates

News & Articles related to First Mortgage Interest Rates provided by CU Mortgage Division a Direct Lender Serving Washington. We are located in Lacey Washington inside of O Bee Credit Union’s Lacey Branch.

Daily Rate Lock Recommendation – 03/10/2010

March 10, 2010
By JessicaBennett

Wednesday’s bond market has opened in negative territory as investors prepare for today’s Treasury auction. The stock markets are showing minor gains again with the Dow up 13 points and the Nasdaq up 7 points. The bond market is currently down 8/32, which will likely push this morning’s rates higher by approximately .125 –...
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December 2009 Case-Shiller Data Shows Battered Markets In Bona Fide Recovery

December 2009 Case-Shiller Data Shows Battered Markets In Bona Fide Recovery

Using data compiled in December, Standard & Poors released its Case-Shiller Index Tuesday. The report shows home prices down just 2.5% on an annual basis, a figure much lower than the 8.7% annual drop reported after Q3.
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How You Can Get The Most Accurate, Real-Time Mortgage Rate Quotes Available

How You Can Get The Most Accurate, Real-Time Mortgage Rate Quotes Available

Although the newspapers reported mortgage rates down last week, they weren't. Conforming mortgage rates were higher by at least 1/8 percent, or roughly $11 per $100,000 borrowed per month. In some cases, rates were up by even more.
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What’s Ahead For Mortgage Rates This Week : February 22, 2010

What’s Ahead For Mortgage Rates This Week : February 22, 2010

Mortgage markets had a terrible, holiday-shortened week last week as Wall Street responded to worse-than-expected inflation data and action from the Federal Reserve. Mortgage bonds sold off with force, causing mortgage rates to rise for the second week in a row.
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Daily Rate Lock Recommendation – 02/18/2010

February 18, 2010
By wtuning

Thursday’s bond market has opened in negative territory again following stronger than expected inflation news. The stock markets are showing gains with the Dow up 18 points and the Nasdaq up 6 points. The bond market is currently down 9/32, which will likely push this morning’s mortgage rates higher by approximately .375 of a...
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Mortgage Rates Spike On The Federal Reserve’s January 2010 Meeting Minutes

Mortgage Rates Spike On The Federal Reserve’s January 2010 Meeting Minutes

The Fed Minutes is a follow-up document, delivered 3 weeks after an official FOMC meeting. It's a companion piece to the post-meeting press release, detailing the debates and discussions that shaped our central bankers' policy decisions. The Minutes is a terrific look into the Fed's collective mind and, yesterday, Wall Street didn't like what...
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What’s Ahead For Mortgage Rates This Week : February 16, 2010

What’s Ahead For Mortgage Rates This Week : February 16, 2010

Mortgage markets worsened last week on general profit-taking in the U.S. bond market, combined with talk of a coordinated rescue effort for Greece and its debt burden. Mortgage-backed bonds sold off, causing conventional and FHA mortgage rates to rise.
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What’s Ahead For Mortgage Rates This Week : February 8, 2010

What’s Ahead For Mortgage Rates This Week : February 8, 2010

Mortgage markets improved last week on domestic jobs data and international banking concerns. The news triggered buying in the bond market and, as a result, conventional, FHA and VA mortgage rates improved for the 4th consecutive week.
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