Mortgage Rates Jump But Could Retreat
Strong economic reports this week pushed mortgage rates higher. But Treasury market activity suggests that most of the increase could be wiped out in the next report.

Mortgage Business Slows as Rates Rise Loan originators were a little less busy this week as interest rates moved higher. The hardest-hit categories were adjustable-rate mortgages and refinances. Mortgage rates look to be headed higher.

MTA Falls, Could Move Lower
With the recent rally in the Treasury market, the Monthly Treasury Average moved lower and is already well on its way to another decline this month.

Mortgage Activity Jumps as Borrowers Rush to Refi As mortgage rates moved lower, new mortgage activity moved higher. But a jump in bond yields could mean higher mortgage rates and slower new business.

Mortgage Rates Teeter Near Record Lows
Fixed mortgage rates settled at or near their all-time lows this week, and there is little indication that they will increase in the upcoming report.

Fed to Hold Rates Down
Mortgage rates aren't likely to be pressured by the Federal Reserve, with the nation's central banker continuing to maintain its policy of keeping interests rates ultra-low.

COFI Teetering Near Record Low
The Cost of Funds Index fell to within a single basis point of its lowest level on record. Also improving was the yield on the one-year Treasury note.