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, February 21, 2019, plus lock recommendations | Mortgage Rates, Mortgage News and Strategy

Percent. up from yesterday’s 2.65 percent. That’s bad for borrowers because mortgage rates tend to follow Treasuries  CNNMoney’s Fear & Greed Index added a couple of points, bouncing back to 70 after yesterday’s fall to 68 (out of a possible 100). It remains solidly in “greed” territory. That is better  for borrowers , but only very slightly. “Greedy” investors push bond prices down (and interest rates up) as they leave the bond market and move into stocks, while “fearful” investors do the opposite. So lower readings are better than higher ones.

Verify your new rate (February 20, 2019)

Rate lock recommendation

The problem with long periods of barely shifting mortgage rates is that it’s easy to assume we’re experiencing the new normal. We aren’t. True, nobody knows precisely when those rates will break out, nor how sharply they’ll move, nor the direction they’ll take. But it’s certain they will move, probably quite soon.

Mortgage rates today, February 22, 2019, plus lock recommendations | Mortgage Rates, Mortgage News and Strategy

Financial data affecting today’s mortgage rates

Earlier, today’s market data were mostly positive for mortgage rates, suggesting those rates might hold steady or fall a little over the next 24 hours. By approaching 10:00 a.m. (ET), the data, compared with this time yesterday, were:

Major stock indexes were heading higher ( good for mortgage  rates ) Gold prices fell, standing at $1,331 an ounce compared to yesterday’s $1,336. (This is bad for mortgage 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 were essentially unchanged at $57 ( neutral for mortgage rates because energy prices play a large role  in creating inflation) The yield on ten-year Treasuries fell