Mortgage rates are based on bonds and the bond market is prone to erratic behavior on major holiday weeks. One of the more common patterns…
Home Refinancing is Easy
As is most often the case, the Friday after Thanksgiving added nothing interesting to mortgage rate momentum. The average lender’s top tier 30yr fixed rate…
Wednesday was far less eventful than the first two days of the week as far as mortgage rates were concerned. The average lender raised rates…
Mortgage rates moved nicely lower on Tuesday with the average lender very close to the 2025 lows seen in late October. These levels are effectively…
Thanksgiving weeks can be weird for mortgage rates. This has to do with the fact that rates are dictated by the bond market and the…
Recent stock market losses have gotten a lot attention in the news recently. While there’s no reliable correlation between stocks and interest rates, when stock…
Yesterday, we discussed the fact that mortgage rates were heading into Thursday with a disadvantage (for most lenders, anyway). This had to do with the…
It was a complicated day for mortgage rates. Officially, at the time of this article, the average top tier 30yr fixed rate is a hair…
With economic data being the most consistent source of motivation for rates, the market has been eager for it to return with the reopening of…
The bond market (which dictates rates) was roughly unchanged over the weekend. As such, it’s no surprise to see mortgage rates right in line with…