Review Mortgage Lenders

Mortgage Plus

Mortgage Purchase Plus Improvements

RE/MAX Sales Representative Dan Gemus and Mortgage Broker Deenie Stuebing discuss the option of mortgage plus improvements in Ontario. If you&#39 ...

Mortgage rates today, August 1, 2018, plus lock recommendations

Financial data affecting today’s mortgage rates

Indicators this morning are mostly unfavorable for mortgage rates.

Major stock indexes  opened higher (bad for mortgage rates) Gold prices  rose $6 to $1,227 an ounce. (That is slightly good for rates. In general, it’s better for rates when gold rises, and worse when gold falls. Gold tends to rise when investors worry about the economy. And worried investors tend to push rates lower) Oil prices  fell $1 to $68 a barrel (that’s better for mortgage rates today because energy prices play a large role in creating inflation) The yield on ten-year Treasuries  rose 6 basis points (6/100th of 1 percent) to 3.01 percent. That is bad for mortgage borrowers because mortgage rates tend to follow Treasuries CNNMoney’s Fear & Greed Index  fell 1 point to a reading of 67 (out of a possible 100).

Mortgage rates today, July 31, 2018, plus lock recommendations

Financial data affecting today’s mortgage rates

Indicators this morning are mostly unfavorable for mortgage rates.

Major stock indexes  opened higher (bad for mortgage rates) Gold prices  fell $3 to $1,221 an ounce. (That is slightly bad for rates. In general, it’s better for rates when gold rises, and worse when gold falls. Gold tends to rise when investors worry about the economy. And worried investors tend to push rates lower) Oil prices  fell $1 to $69 a barrel (that’s better for mortgage rates today because energy prices play a large role in creating inflation) The yield on ten-year Treasuries  dropped 3 basis points (3/100th of 1 percent) to 2.95 percent. That is bad for mortgage borrowers because mortgage rates tend to follow Treasuries CNNMoney’s Fear & Greed Index  rose 2 points to a reading of 68 (out of a possible 100). That is bad for rates; we are firmly