Mortgage rates are based on trading in the bond market and bonds consistently take cues from economic data. Among the data, some reports are vastly…
Home Refinancing is Easy
The average lender’s top tier 30yr fixed rate fell to the lowest level since April 2023 last week. That’s down more than 1.25% over the…
Mortgage rates have a long and storied history of making big moves on the day that the big monthly jobs report comes out. In that…
Wouldn’t it be nice if you could know what was going to happen with mortgage rates before it actually happened? Since the dawn of time…
Mortgage rates moved lower for the 2nd straight day on Wednesday with the average lender right in line with their lowest levels since August 5th. …
You never know what you’re going to get on the days surrounding a 3 day weekend for financial markets, and that’s doubly true when it…
Day to day movement has been subdued in mortgage rates recently, and now the week over week movement is just as uneventful. Friday’s average top…
It continues to be the case that mortgage rates are moving in a very narrow range with minimal changes from day to day. For instance,…
On Wednesday, the average mortgage lender was quoting top tier, conventional 30yr fixed rates at the 2nd lowest level in more than a year. That’s…
Every year, the Federal Reserve (aka “the Fed”) gathers in Jackson Hole, WY with a bevy of other central bankers and academics to discuss and…