The average top tier 30yr fixed rate was unchanged on Friday despite the bond market being slightly weaker. Normally, weaker bonds mean higher rates, but…
Home Refinancing is Easy
Despite a stark absence of any truly inspiring events, interest rates have managed to put in two fairly serious days of movement. In today’s case…
Mortgage rates are based on bonds and bonds are trading at their best levels since September 17th. Of course there are different kinds of bonds,…
Last week ended with mortgage rates dropping to their best levels since September 17th. Over the weekend, the underlying bond market maintained the gains seen…
Mortgage rates technically ticked a hair lower today, but it’s more accurate to view them as being broadly sideways. Some lenders issued improvements yesterday afternoon. …
Mortgage rates have been in a very narrow range for nearly 3 weeks with the last major move seen on September 17th and 18th following…
Mortgage rates began the week right in line with their highest levels of the past 30 days. This sounds a bit more dramatic than it…
Mortgage rates moved just a bit lower today. Relative to any other day in the past 2 weeks, it was unremarkable. But because the range…
If we’re splitting hairs, today’s mortgage rates are half a hair lower than yesterday’s, but the average borrower might not see a difference in a…
Mortgage rates are based on bonds and bonds take cues from economic data. Employment-related data is particularly important. The monthly jobs report from the Department…