Kevin O'Connor

Mortgage Rates November 27, 2018

15 year fixed mortgage

The 10y yield opened the day at the 3.06% level (again) and Mortgage Backed Securities (MBS) opened only slightly worse than yesterday. Today we have the Consumer Confidence report, CaseShiller housing price index and a 5yr Note auction. We might start hearing from companies about about Black Friday/Cyber Monday retail sales as well which may influence bond prices/mortgage rates. The … Read more

November 2018 Mortgage Company

Row of homes

November 2018: In November 2018 you have hundreds if not thousands of choices when it comes to choosing a mortgage company in the state of California.  Low mortgage rates, reputable company, great customer service, and cutting edge technology so it’s a quick close are all things that should factor into your decision-making. What makes Kevin O’Connor at JB Mortgage Capital, Inc. … Read more

Mortgage Rates November 26, 2018

Fixed mortgage rate

At Similar Levels Seen Before Thanksgiving: Mortgage rates for November 26th, 2018 – The 10y yield opened the day at the 3.06% level and Mortgage Backed Securities are also starting out the day at similar levels seen before the Thanksgiving holiday. There are no major economic reports today but later in the week we have some significant reports including Q3 … Read more

Mortgage Rates November 21, 2018

A Brown Home

10y Yield Is Moving Down – Good For Mortgage Rates: Mortgage rates for November 21st, 2018 – The 10y yield opened the day at the 3.07% level however after this mornings economic data reported the 10y yield moved down due to a weaker than expected Durable Goods report. Overall mortgage rates should start the day at similar levels (compared to … Read more

Mortgage Rates November 20, 2018

Low Mortgage Rates At JBMC

Mortgage rates for November 20th, 2018: The 10y yield continues to push closer to 3.00% and Mortgage Backed Securities are following however mortgage lenders are usually cautious with rates during a holiday week (especially during Thanksgiving week) so we might not see any improvements to rates today. We’re seeing the 10y yield trade at the 3.39% level and it appears … Read more

Mortgage Rates November 19, 2018

Mortgage Rates

Mortgage rates for November 19th, 2018: We are starting out the day at similar levels seen on Friday as the 10y yield is starting the week at the 3.08% level.  Mortgage Backed Securities (MBS) are a bit weaker this morning however nothing significant. Since this is a shortened trading week with the Thanksgiving holiday you may see some lenders be … Read more

Mortgage Rates November 16, 2018

Home with Pool

Mortgage rates for November 16th, 2018: Rates are heading into the weekend at their best levels of the month. The 10y yield is trading below 3.10% (as low as 3.081% this morning) and mortgage bonds are also showing signs of strength. The economic calendar today is absent of any significant reports and next is the housing data and the Durable … Read more