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Nashville TN Real Estate Listings and Nashville Mortgage News and Advice. Provider: Norstar Mortgage Group Feed Type: Residential [report]

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Nashville Mortgage Rates Update- 01/25/12
Nashville Mortgage Rates The FOMC policy statement came early today, at 12:30 EST.  The reaction was not what we or most expected, the 10 year note yield fell from 2.06% to 1.92% within minutes; mortgage prices jumped 81 bps (huge, normal daily jumps might be 12 bps).  By 2:30, however, much of the improvement had [...]
01/25/2012 11:18 PM

Nashville Mortgage Rates Update- 1/20/12
Nashville Mortgage Rates More pressure on U.S. interest rates today, making it one of the worst weeks in a month.  The 10 year treasury yield at 2.02% was up 15 bps (.15%) in yield this week.  Mortgage bond prices this week fell 57 bps.   The bond and mortgage markets have been vulnerable to increases [...]
01/21/2012 01:50 AM

Nashville Mortgage Rates Update – 1/17/12
Nashville Mortgage Rates This week of course, it is still mostly about Europe, the saga that won’t go away, and not likely for years.  Treasury rates ended last week at 1.87%.   Mortgage rates continue to decline in the MBS market, but lenders that buy the loans have not been pricing to the MBS market, [...]
01/17/2012 06:54 PM

Nashville Mortgage Rates Update- 1/10/12
Nashville Mortgage Rates Another day with little movement in the bond and mortgage markets.  The 10 year note continues to find support when it runs to 2.00% as it did early this morning, although supported technically, fundamentally there is nothing new that entices traders and investors to buy.  The mortgage market is testing its resistance [...]
01/11/2012 01:19 AM

Nashville Mortgage Rates Update- 12/23/11
Nashville Mortgage Rates Mortgage backed securities were down 31 basis points today and the 10 year treasury yield up to 2.02% after being as low as 1.80% this week. No major news out of Europe this week, so most of the focus was on U.S. economic news, which for the most part was positive this [...]
12/24/2011 02:01 AM

Nashville Mortgage Rates Update- 12/16/11
Nashville Mortgage Rates It has been another quiet day, the same as yesterday except the 10 year note yield fell to 1.85%, a new recent low.  Mortgage markets, however, not much change.  The stock market tried to rally but pared gains, wiping out a 99 point rally in the Dow, as optimism over the debt [...]
12/16/2011 10:14 PM

Nashville Mortgage Rates Update- 12/13/11
Nashville Mortgage Rates Treasuries and mortgage bonds rallied hard this afternoon.  At 1 PM EST, the $21 billion 10 year treasury note auction blew the doors off with very strong demand, and at 2:15, the FOMC statement added more thrust.  Over the last 3 months, Treasury borrowing has met with very strong demand, likely much [...]
12/14/2011 01:09 AM