Marc Edelstein

That Mortgage Banker Blog

Mortgage Market Recap for the week ending Friday March 23rd, 2012

March 27, 2012 Marc Edelstein Mortgage Real Estate Market Review 0 Comments

Mortgage rates remained volatile this week, mostly due to shifting expectations about future Fed action. Early in the week, mortgage rates continued last week’s move higher. Comments from Fed officials helped them recover their losses later in the week, though, and they ended the week slightly lower. While the Fed does not control mortgage rates […]

Mortgage Market Recap for the week ending Friday March 16th, 2012

March 23, 2012 Marc Edelstein Mortgage Real Estate Market Review 0 Comments

What began as a quiet week quickly turned negative following the release of Tuesday’s Fed announcement. Mixed economic data and Treasury auctions had little impact. Mortgage rates ended the week significantly higher. While it was very similar to the last statement, the Fed announcement reflected some degree of improvement in the economy. This caused investors […]