Total Number of News: 6182
  • 8/19/2005 - Mortgage Headlines
    Mortgage Rates Edge Up, Treasuries Stable
    U.S. Treasury securities prices shaved early losses to end little-changed on Friday, while mortgage rates rose slightly, as traders stepped back to mull another jump in crude oil and eyed erosion in stocks after a huge jury award against a giant U.S. dru...
  • 8/18/2005 - Mortgage Headlines
    10-year Note Yield Falls, But Mortgage Rates Dig In
    Bond traders focused on the positive and ignored the negative on Thursday. Bond-friendly reports ignited strong buying that sent prices on U.S. Treasury securities up and their yields, which move in the opposite direction of prices, down to their lowest ...
  • 8/17/2005 - Mortgage Headlines
    Treasuries Give Back Gains, But Mortgage Rates Remain Steady
    A big jump in the Producer Price Index (PPI) for July coupled with a sharp drop in oil prices Wednesday spurred selling in U.S. Treasury securities. The possibility of inflation loomed large after the release of the PPI and the stifling effect of high o...
  • 8/16/2005 - Mortgage Headlines
    Treasuries Stage Big-Time Rally as Mortgage Rates Hold
    Benign economic news ignited strong buying in U.S. Treasury securities on Tuesday. Concerns over both inflation and strong economic growth evaporated as a batch of economic indicators pointed down. Even the fed funds futures that forecast the probabilit...
  • 8/15/2005 - Mortgage Headlines
    Mortgage Rates Hold Steady
    U.S. Treasury securities sagged on Monday after the Fed released its manufacturing index for New York State. Strength in many of the report's components raised concern about strong economic growth and attendant inflation, which robs fixed-rate assets of ...
  • 8/11/2005 - Mortgage Headlines
    Rates Hold as Treasuries Rally
    A weaker-than-expected report on Retail Sales for July, a new high for oil prices and a successful auction of 10-year notes brought buyers back to U.S. Treasury securities. Although buying wasn't rampant, it was steady enough to send prices up and yield...
  • 8/10/2005 - Mortgage Headlines
    Mortgage Rates Downtick Despite Crude Oil Rise
    A renewed rise in crude oil price on Wednesday siphoned the energy out of the U.S. stock and bond markets, reminding traders that high oil and gasoline prices could drag on economic growth and ultimately push inflation to the forefront again. Still, mort...
  • 8/9/2005 - Mortgage Headlines
    Mortgage Rates Remain Elevated
    The Fed raised short-term interest rates by 25 basis points on Tuesday for the 10th consecutive time since June 30, 2004. This brings the target fed funds rate to 3.5 percent. The financial markets fully expected this decision but rallied in its wake whe...
  • 8/9/2005 - Mortgage Headlines
    The Fed Does It Again
    For the tenth consecutive time since June 30, 2004, the Federal Open Market Committee raised the target rate on fed funds - the rate banks charge each other for overnight loans - by 25 basis points to 3.5 percent. This move came as no surprise, as it was...
  • 8/5/2005 - Mortgage Headlines
    Strong Jobs Report Puts Upward Pressure on Mortgages
    The addition of 207,000 jobs to non-farm payrolls in July wreaked havoc on the financial markets on Friday, with sell-offs hitting U.S. Treasury securities and Wall Street as well. The surge in jobs raised concerns about inflation and the possibility of...