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Mortgage Rates Slightly Higher Despite Flat Markets

Mortgage rates moved slightly higher today.  Yet again, underlying bond markets suggested another fate.  In other words, if mortgage rates were perfectly tied to underlying bond markets,…

2 Paradoxes For Mortgage Rates

Mortgage rates were microscopically higher today, which is paradoxical on two levels.  The first paradox has to do with today’s bond market improvements.  Bonds underlie rates and…

Mortgage Rates Edge Slightly Higher

Mortgage rates moved modestly higher today after holding in roughly the same territory for the past 3 days.  This brings them back in line with last Thursday’s…

Mortgage Rates Barely Budge Despite Market Gains

Mortgage rates didn’t move much today, despite a somewhat decent improvement in bond markets.  Overnight, trade war brinksmanship between the US and China had investors seeking…

Mortgage Rates Little-Changed to Begin Quiet Week

Mortgage rates were sideways to slightly higher today, depending on the lender.  The underlying bond market (which dictates rates) was exceptionally quiet.  On the heels of…

Mortgage Rates Inch to Week's Best Levels

Mortgage rates fell again today, bringing the average rate just slightly lower on the week.  Unlike the past 2 days, there were no big ticket calendar events…

Mortgage Rates Are Actually Unchanged This Week!

Mortgage rates moved LOWER today, following a policy announcement from the European Central Bank (ECB).  That claim runs counter to almost any other mortgage rate headline in…

Mortgage Rates Higher Following Fed Forecasts

Mortgage rates moved higher today, following the Fed’s much-anticipated policy announcement.  Although the Fed changed quite a few words from the announcement’s previous iteration (far more than…