The Massachusetts Mortgage Broker

Your Daily Mortgage Commentary & Rate Lock Advice for Massachusetts Mortgage Rates
Courtesy of the Massachusetts Mortgage Broker
Friday’s bond market has opened down slightly with no relevant economic data to drive trading. The stock markets are showing relatively minor losses with the Dow down 24 points and the Nasdaq down 12 points. The bond market is [...]

[Read more →]

Your Daily Mortgage Commentary & Rate Lock Advice for Massachusetts Mortgage Rates
Courtesy of the Massachusetts Mortgage Broker
Thursday’s bond market has opened relatively flat after this morning’s key inflation data failed to give us any surprises. The stock markets are mixed with the Dow currently up a few points while the Nasdaq has slipped 2 points. [...]

[Read more →]

Your Daily Mortgage Commentary & Rate Lock Advice for Massachusetts Mortgage Rates
Courtesy of the Massachusetts Mortgage Broker
Wednesday’s bond market has opened slightly in positive territory after this morning’s economic data gave us some relatively favorable results. The stock markets are showing gains with the Dow up 50 points and the Nasdaq up 13 points. The [...]

[Read more →]

Your Daily Mortgage Commentary & Rate Lock Advice for Massachusetts Mortgage Rates
Courtesy of the Massachusetts Mortgage Broker
TUESDAY AFTERNOON UPDATE:
Today’s FOMC meeting has adjourned with an announcement of no change to key short-term interest rates. This was widely expected, but the post-meeting statement did cause some discussion. The Fed left the language in the recent statements [...]

[Read more →]

Your Daily Mortgage Commentary & Rate Lock Advice for Massachusetts Mortgage Rates
Courtesy of the Massachusetts Mortgage Broker
Tuesday’s bond market has opened in positive territory despite the same for stocks and slightly stronger than expected economic data. The stock markets are posting small gains with the Dow up 19 points and the Nasdaq up 8 points. [...]

[Read more →]

Your Daily Mortgage Commentary & Rate Lock Advice for Massachusetts Mortgage Rates
Courtesy of the Massachusetts Mortgage Broker

AFTERNOON UPDATE:
Monday’s bond market opened down slightly but moved into positive territory during afternoon trading despite the rebound in stock prices. After showing earlier losses, the Dow rallied during late trading to close up 17 points while the Nasdaq [...]

[Read more →]

Your Daily Mortgage Commentary & Rate Lock Advice for Massachusetts Mortgage Rates
Courtesy of the Massachusetts Mortgage Broker
This week brings us the release of five relevant economic reports along with an FOMC meeting for the markets to digest. The first piece of data will come mid-morning tomorrow when February’s Industrial Production report is posted. This report [...]

[Read more →]

Your Daily Mortgage Commentary & Rate Lock Advice for Massachusetts Mortgage Rates
Courtesy of the Massachusetts Mortgage Broker
Friday’s bond market initially opened in negative territory but has since moved into positive ground. The stock markets are mixed with the Dow up 18 points and the Nasdaq down 2 points. The bond market is currently up 2/32, [...]

[Read more →]

Your Daily Mortgage Commentary & Rate Lock Advice for Massachusetts Mortgage Rates
Courtesy of the Massachusetts Mortgage Broker
Thursday’s bond market has opened relatively flat with no highly important economic news being posted. The stock markets have opened with minor losses. The Dow is currently down 21 points while the Nasdaq has slipped 2 points. The bond [...]

[Read more →]