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Interest Rates 5/22-5/26/2023

Interest Rates 5/22-5/26/2023

5/26/2023 9:35 AM : Stocks have started the day higher. The Dow is +126.24 at 32,890.89 and the S&P 500 is +13.03 at 4,164.31. Mortgage Bonds are -11bp at 99.00.   8:42 AM : Headline PCE inflation for April increased by 0.4%, which was above esti

May 27, 2023 |

Interest Rates 5/15 -5/19/23

Interest Rates 5/15 -5/19/23

Thursday 5/18/2023   10:19 AM : Existing Home Sales, which tracks closings on Existing Homes, decreased by 3.4% in April at a 4.28 Million unit annualized pace, which was just below the 4.3 Million estimate. Supply was up 1.0% from a year ago and the

May 19, 2023 |

It's inflation Week! 5/08-5/12/2023

It's inflation Week! 5/08-5/12/2023

Friday 5/12/2023 8:49 AM ET Mortgage Bonds are down 5 bp (Price Down Yield Up) to price of 100.94.  The 10 year is up 2 bp to 3.410%. Thursday 5/11/2023 10 year closed at 3.386% Freddie Mac Rate: 6.35% 10:43 AM : Initial Jobless Claims, which measu

May 12, 2023 |

It's Jobs Week! 5/01-5/05/2023

It's Jobs Week! 5/01-5/05/2023

This week's Freddie Mac Rate Survey 6.39% on 30 year fixed. 5/05/2023 Friday 9:04 AM Mortgage Bond Prices are down resulting in slightly higher yields and the 10 year is up 8 bp to 3.4480% 8:43 AM : The BLS Jobs report showed that there was an increase of

May 06, 2023 |

John Marbury Group

John Marbury Group

John Marbury Group Who we are and why you want to use us for mortgage financing! john@colonybank.com 205-266-5669   John Marbury and Donna Johnson have been working together as a team since 1990. They instinctively know their individual strengths an

Apr 29, 2023 |

Interest Rates 4/24 - 4/28/23

Interest Rates 4/24 - 4/28/23

Recent news is reported at the top of page scroll down for older news.  All times below are eastern time. The 10 year treasury is a good way to track mortgage rates.  Recent high for the 10 year was 4.335% on 10/21/22. This yield hit a low of 0.

Apr 24, 2023 |