Current Bank Prime Rate Citibank should not raise its minimum interest rate on corporate. an increase in the prime rate, the chairman of the house banking committee said yesterday in a telegram to Walter B. Wriston,
Mortgage rates held steady today, despite moderate weakness in underlying bond markets. This occurred for two reasons. First, yesterday saw bond markets improve, but not by enough for lenders to.
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Mortgage rates were lower again today. The improvement was fairly decent given the amount of movement seen in the bond market. The reason for that has to do with the phenomenon we discussed on Friday.
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Mortgage rates moved decisively lower today following a much weaker-than-expected reading on new job creation in a key report from the Department of Labor. The payroll count in the big jobs report.
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Mortgage rates were unchanged to slightly higher today–a claim that utterly boggles the mind of anyone who thought they understood the relationship between bond markets and the mortgage world. ALMOST.
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