WeeklyBasis 08/11/03: Rates At 1-Year High and 30-Year Lows

Rates for this week have improved by about a quarter-point, please see snapshot below for August 11, 2003. Investors have continued to reduce Treasury holdings in preparation for this Tuesday’s Fed meeting, which has brought rates up on 30- and 15-year loans. ARM programs are holding at very favorable lows. If you have read the

WeeklyBasis 08/04/03: Fixed Rates Up Again

Below is a rate snapshot for reference the week of August 4, 2003. The sell-off in Treasuries continued last week, pushing yields up. Most of this effect can be seen in higher rates on 30- and 15-year loans. But I have ARM programs for all types of borrowers where rates have stayed close to all-time

WeeklyBasis 07/28/03: Rates Up On Continued Bond Selling

Below is a rate snapshot for reference the week of July 28, 2003. Thirty and fifteen-year fixed rates up to about the same level as January 2003 due to the continued bond sell off in the past month. Investors are moving back into stocks because of improving economic sentiment. The good news here is that