Total Number of News: 202
  • 3/20/2006 - Mortgage Headlines
    Mortgage rates remain steady
    U.S. Treasury securities bounced back from Friday's sell-off, putting up some good numbers on Monday. Bond traders are cautiously optimistic about Fed chairman Ben Bernanke's speech tonight in front of the Economics Club of New York. The chairman will di...
  • 3/17/2006 - Mortgage Headlines
    Mortgage rates in holding pattern
    Overnight selling in U.S. Treasuries after Thursday's big rally pushed prices down and yields, which move in the opposite direction, up, as the markets opened on Friday. This flurry of profit-taking by foreign investors kept prices down, but Treasuries d...
  • 3/16/2006 - Mortgage Headlines
    Mortgage rates begin to edge down
    A benign reading on consumer prices in February sparked the biggest rally U.S. Treasuries securities have seen for some time. On Thursday, the yield on the benchmark 10-year note, which moves in the opposite direction of price, fell to its lowest level s...
  • 3/15/2006 - Mortgage Headlines
    Mortgage rates unmoved
    U.S. Treasury securities gave back some of yesterday's gains on Wednesday thanks to an unexpectedly strong report on manufacturing activity. Bond traders took this report as a signal that the Fed might have to be aggressive with rate hikes if it is to ke...
  • 3/14/2006 - Mortgage Headlines
    Treasury yields dip, mortgage rates don't
    Weak retail numbers for February rallied U.S. Treasuries securities on Tuesday for the first time in five sessions. A broad-based slide in sales kindled a glimmer of hope that the Fed might be persuaded to relax its rate-hike efforts. In addition, Medley...
  • 3/13/2006 - Mortgage Headlines
    Mortgage rates remain at higher levels
    Yields on U.S. Treasury securities remained high on Monday, as bond traders found little reason to buy. With no economic reports for guidance, Treasuries sold modestly in the aftermath of Friday's stronger-than-expected employment report. A tight job ma...
  • 3/10/2006 - Mortgage Headlines
    Mortgage rates hold high on employment numbers
    The addition of a stronger-than-expected 243,000 jobs to nonfarm payrolls in February sparked strong selling in U.S. Treasuries securities on Friday. This was the highest number of jobs added since November, and it supported the Fed's rate-hike program. ...
  • 3/9/2006 - Mortgage Headlines
    Mortgage rates remain high
    U.S. Treasury securities traders were relieved Thursday by news that the Bank of Japan will not raise interest rates in the near future. Treasuries have sold heavily on the prospect that foreign banks would begin raising rates and the Fed would have to f...
  • 3/8/2006 - Mortgage Headlines
    Mortgage rates steady
    The yield curve on U.S. Treasury securities flattened on Wednesday, with the yield on the 10-year bond higher than that of the 2-year bond. This is the first time the yield curve has returned to 'normal' since January. An inverted yield curve -- when the...
  • 3/7/2006 - Mortgage Headlines
    Mortgage rates hold at higher levels
    U.S. Treasury securities finally got a break on Tuesday after a four-day sell-off. The bond markets opened under a cloud formed by heavy global selling of Treasuries that sent the yield on the benchmark 10-year note soaring to 4.8 percent. But buyers cam...