The Casil Report – A Financial Commentary on the Mortgage Markets – January 6, 2015
Today, Tuesday, (01/06/15): The 10 Year Treasury Yield dropped today to 1.93% (lowest level since October 2014), meaning lower mortgage rates than yesterday: – November 2014 U.S. Factory Orders dropped by 0.7% from the previous month (last month reading also declined by 0.7% from September 2014), coming in worse than market expectations (0.4% decrease). This […]
The Casil Report – A Financial Commentary on the Mortgage Markets – August 5, 2014
Today, Tuesday, (08/05/14): The 10 Year Treasury Yield dropped to 2.48%, meaning lower mortgage rates than yesterday: – June 2014 U.S. Factory Orders rose by 1.1% from the previous month (last month reading dropped by 0.6% from April 2014), coming in better than market expectations (0.5% increase). This month’s increase in factory orders was due […]
The Casil Report – A Financial Commentary on the Mortgage Markets – July 28, 2014
Today, Monday, (07/28/14): The 10 Year Treasury Yield rose to 2.48%, meaning slightly higher mortgage rates than Friday: – June 2014 U.S. Pending Home Sales (contracts to buy previously owned homes) decreased by 1.1% (6.0% increase during the previous month), coming in worse than market expectations (0.8% decrease). Even with this month’s decline, this pending […]