Subprime Blogger

Your Mortgage News Source

Daily Mortgage Rates News – Increase in Rates Inevitable?

Daily mortgage rates news provides you with current information on the real estate and mortgage market.  Today’s article looks at the prospect of higher mortgage rates due to the increase 10 Year Treasury Yield
The correlation between the 10 year treasury yield and the 30 year fixed mortgage rate is undeniable.  Since Freddie Mac started documenting [...]

Rise in Mortgage Applications along with Low Mortgage Rates Could Cause Lending Crisis

For quite some time, I have made the observation that the increasing amount of mortgage applications could cause a lending crisis.  With the Obama Mortgage Plan in full swing, the number of mortgage applications has greatly increased during the months of March and April.  While many of these applications are getting turned away due to [...]

Mortgage Rates Lower, Applications Rise, but the Housing Market is NOT Getting Better

Mortgage rates continue to free fall to levels never seen before.  The Mortgage Bankers Association (MBA) reports that 30 year fixed mortgage rates averaged 4.63% last week.  Freddie Mac reports that average mortgage rates, at the most dependable lenders, dropped below 5% for only the second time in history.  The MBA also reports that mortgage [...]

Best Prediction of the Stock Market and Economy – Unemployment Rate

When looking at the recent history of the United States economy and stock market, one thing stands out to be a great predictor – Unemployment rate.  Any time the unemployment rate is stagnant or declining, the stock market trends upward.  The lower the unemployment rate falls, the higher and more drastic of an uptrend in [...]

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