HomeLoans Blog

After a 3 day weekend, the mortgage bond market opened with a little boost of improvement that helped mortgage rates maintain the improving trend of the last week or so.

There is no way to know if the trend of improving rates will continue because it seems to be based primarily, according to many analysts, on the fears over the troubles in the Middle East.

The bond market had lost 2 points since the beginning of February. Over the last several days it has gained over half of that back.

If you have decided not to lock you loan after these gains, then you are thinking that we are entering into a bullish bond market and the improving trend is going to gain more momentum.