RateAlertNow's Blog

Friday 6PM 04/15/11 Today’s Current Mortgage Rates DOWN

Mortgage Rates Update — Fri, 15 Apr 2011 22:29:20 +0000

I’m David Beadle. Here’s what’s happening from RateAlertNow.com.

Mortgage rates fell sharply on Friday after the March consumer price index showed only a tiny 0.1 percent gain in “core” inflation (excluding food & energy).

The national-average 30-year fixed-rate mortgage is at four and three-quarter percent with one and three-quarter points, down half-a-point from Thursday,

for a savings of $500

on a $100,000 loan

and $1500

on a $300,000 loan.

This will be the last blog

update of the current series.

To keep up with changes in

mortgage rates on a daily

basis, follow my Twitter

feed via the link on my

website.

That’s what’s happening.

I’m David Beadle.

If you want to “avoid” being caught “by surprise”

the next time mortgage rates rise,

find out about my *Real-Time*

text and email “bulletins,”

by visiting RateAlertNow.com.

Thursday 5PM 04/14/11 Today’s Current Mortgage Rates UP

Mortgage Rates Update — Thu, 14 Apr 2011 21:27:52 +0000

I’m David Beadle. Here’s what’s happening from RateAlertNow.com.

Mortgage rates rose slightly on Thursday after a reminder that inflation was continuing to rise at the wholesale level last month.

The national-average 30-year fixed-rate mortgage is at four and three-quarter percent with two and a quarter points, up one-eighth of a point from Wednesday,

for an extra cost of $125

on a $100,000 loan

and $375

on a $300,000 loan.

On Friday,

we will see the consumer

price index of inflation at

the retail level.

Another half-percent rise

is expected.

That’s what’s happening.

I’m David Beadle.

If you want to “avoid” being caught “by surprise”

the next time mortgage rates rise,

find out about my *Real-Time*

text and email “bulletins,”

by visiting RateAlertNow.com.

Wednesday 8PM 04/13/11 Today’s Current Mortgage Rates DOWN

Mortgage Rates Update — Thu, 14 Apr 2011 00:11:30 +0000

I’m David Beadle. Here’s what’s happening from RateAlertNow.com.

Mortgage rates fell again slightly on Wednesday after a weaker-than-expected March retail sales report.

The national-average 30-year fixed-rate mortgage is at four and three-quarter percent with two and one-eighth points, down one-eighth of a point from Tuesday,

for a savings of $125

on a $100,000 loan

and $375

on a $300,000 loan.

On Thursday,

we will see first-time

claims for weekly state

unemployment benefits.

No significant change

is expected.

That’s what’s happening.

I’m David Beadle.

If you want to “avoid” being caught “by surprise”

the next time mortgage rates rise,

find out about my *Real-Time*

text and email “bulletins,”

by visiting RateAlertNow.com.

Tuesday 5PM 04/12/11 Today’s Current Mortgage Rates DOWN

Mortgage Rates Update — Tue, 12 Apr 2011 21:38:10 +0000

I’m David Beadle. Here’s what’s happening from RateAlertNow.com.

Mortgage rates finally made a move on Tuesday, after having been “unchanged” for the prior three trading days.

The national-average 30-year fixed-rate mortgage is at four and three-quarter percent with two and a quarter points, down one-eighth of a point from Monday,

for a savings of $125

on a $100,000 loan

and $375

on a $300,000 loan.

On Wednesday,

we will see March

retail sales.

They are expected to be

at half the February increase,

which had been reported

as a one-percent gain.

That’s what’s happening.

I’m David Beadle.

If you want to “avoid” being caught “by surprise”

the next time mortgage rates rise,

find out about my *Real-Time*

text and email “bulletins,”

by visiting RateAlertNow.com.

Monday 5PM 04/11/11 Today’s Current Mortgage Rates FLAT

Mortgage Rates Update — Mon, 11 Apr 2011 20:57:07 +0000

I’m David Beadle. Here’s what’s happening from RateAlertNow.com.

Mortgage rates were flat for a third-straight day on Monday as most investors remained on the sidelines ahead of Tuesday’s $32 billion auction of U.S. 3-Year Treasury notes.

The national-average 30-year fixed-rate mortgage is at four and three-quarter percent with two and three-eighth points, unchanged from Friday.

On Tuesday,

we will also see the

February trade deficit

with other countries.

A slight decrease in

the gap is expected.

That’s what’s happening.

I’m David Beadle.

If you want to “avoid” being caught “by surprise”

the next time mortgage rates rise,

find out about my *Real-Time*

text and email “bulletins,”

by visiting RateAlertNow.com.

Monday 8AM 04/11/11 Today’s Current Mortgage Rates FLAT

Mortgage Rates Update — Mon, 11 Apr 2011 12:39:27 +0000

I’m David Beadle. Good Monday Morning! Here’s what’s happening from RateAlertNow.com.

Mortgage rates were flat again on Friday despite another new high in crude oil prices to levels not seen since September 2008. Gold hit an all-time record high as further evidence of inflationary pressures related to the falling value of the U.S. dollar.

The national-average 30-year fixed-rate mortgage is at four and three-quarter percent with two and three-eighth points, unchanged from Thursday.

Now that the immediate crisis over the

current fiscal year budget appears to

be over, Congress will turn its attention

this week to the upcoming budget for

the year which begins on October 1st.

But the bond market will be focused

upon whether or not the National Debt

ceiling is raised in timely fashion before

the May deadline.

That’s what’s happening.

I’m David Beadle.

If you want to “avoid” being caught “by surprise”

the next time mortgage rates rise,

find out about my *Real-Time*

text and email “bulletins,”

by visiting RateAlertNow.com.

Friday 6PM 04/08/11 Today’s Current Mortgage Rates FLAT

Mortgage Rates Update — Fri, 08 Apr 2011 21:59:25 +0000

I’m David Beadle. Here’s what’s happening from RateAlertNow.com.

The national-average 30-year fixed-rate mortgage is at four and three-quarter percent with two and three-eighth points, unchanged from Thursday.

By Monday,

we will know if the federal government

shutdown has occurred. This will

provide input for Treasury and mortgage

traders trying to determine the next

direction of rates, which also could

be influenced by how foreign

investors perceive the political

gridlock.

That’s what’s happening.

I’m David Beadle.

If you want to “avoid” being caught “by surprise”

the next time mortgage rates rise,

find out about my *Real-Time*

text and email “bulletins,”

by visiting RateAlertNow.com.

Friday 8AM 04/08/11 Today’s Current Mortgage Rates FLAT

Mortgage Rates Update — Fri, 08 Apr 2011 12:35:16 +0000

I’m David Beadle. It’s Friday! Here’s what’s happening from RateAlertNow.com.

Mortgage rates were flat on Thursday despite a new high in crude oil prices to levels not seen since September 2008. Gasoline prices also moved up.

The national-average 30-year fixed-rate mortgage is at four and three-quarter percent with two and three-eighth points, unchanged from Wednesday.

Today,

we will see if a federal government

shutdown takes place. The latest

indication from those placing bets

on the possibility shows a 40%

likelihood of such an outcome.

But that could change, depending

upon what transpires as the clock

ticks down toward the 11:59PM ET

deadline.

That’s what’s happening.

I’m David Beadle.

If you want to “avoid” being caught “by surprise”

the next time mortgage rates rise,

find out about my *Real-Time*

text and email “bulletins,”

by visiting RateAlertNow.com.

Thursday 5PM 04/07/11 Today’s Current Mortgage Rates FLAT

Mortgage Rates Update — Thu, 07 Apr 2011 21:06:36 +0000

I’m David Beadle. Here’s what’s happening from RateAlertNow.com.

Mortgage rates were flat on Thursday despite a new high in crude oil prices to levels not seen since September 2008. Gasoline prices also moved up.

The national-average 30-year fixed-rate mortgage is at four and three-quarter percent with two and three-eighth points, unchanged from Wednesday.

On Friday,

we will see if a federal government

shutdown takes place. The latest

indication from those placing bets

on the possibility shows a 55%

likelihood of such an outcome.

But that could change, depending

upon what transpires as the clock

ticks down toward the 11:59PM ET

deadline.

That’s what’s happening.

I’m David Beadle.

If you want to “avoid” being caught “by surprise”

the next time mortgage rates rise,

find out about my *Real-Time*

text and email “bulletins,”

by visiting RateAlertNow.com.

Thursday 3PM 04/07/11 Today’s Current Mortgage Rate Advisory

Mortgage Rates Update — Thu, 07 Apr 2011 20:05:36 +0000

I’m David Beadle at RateAlertNow.com.

Coming up at 6PM Eastern Time:

I’ll tell you what happened to mortgage rates this afternoon, following today’s report of a strong new earthquake in northeast Japan.

And I’ll have the latest on what they’re saying right now about tomorrow’s possibility of a federal government shutdown.

Check out my free intra-day Twitter Rate Alerts and sign up for my real-time Text Alerts at only $4.99 per week.

The full story in less than three hours–right here–and on Twitter.