Todays Rates: Purchase - 30 Year Fixed: 3.125%   APR: 3.201%     15 Year Fixed: 2.375%   APR: 2.494%      30 Year Fixed High Balance: 3.125%   APR: 3.205%      15 Year Fixed High Balance: 2.500%   APR: 2.608%          Refinance - 30 Year Fixed : 3.375%   APR: 3.432%     15 Year Fixed: 2.625%   APR: 2.726%      30 Year Fixed High Balance: 3.375%   APR: 3.436%      15 Year Fixed High Balance: 2.625%   APR: 2.769%

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The Casil Report: A Commentary on the Mortgage Markets – May 20, 2013

Today, Monday, (05/20/13): The 10 Year Treasury Yield is even this morning at 1.95%, meaning similar mortgage rates as of Friday. No major U.S. or World Economic reports were released today. The financial markets are awaiting Wednesday’s FOMC Minutes Report/Bernanke’s Congressional Testimony. These indicators will help show the Fed’s stance regarding the continuation of QE3 … Continue reading “The Casil Report: A Commentary on the Mortgage Markets – May 20, 2013”

The Casil Report: A Commentary on the Mortgage Markets – May 13, 2013

The 10 Year Treasury Yield increased to 1.92%, meaning higher mortgage rates than Friday. April 2013 U.S. Retail Sales increased by 0.1% (decreased by 0.5% during the previous month), coming in better than market expectations (0.3% decrease). This is likely due to increases in consumer spending for automobiles and restaurants. An increase in retail sales … Continue reading “The Casil Report: A Commentary on the Mortgage Markets – May 13, 2013”

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