Mortgage loans ultimately “turn into” bonds and those bonds have a certain value to investors. When those values change, so do the rates offered by…
Home Refinancing is Easy
Tomorrow brings the month’s most important economic report: the Employment Situation, often referred to simply as “the jobs report.” No other piece of economic data…
Although it was the focus of yesterday’s discussion, the ability of the mortgage market to hold steady in the face of bond market weakness continues…
Like many industries, housing finance has a superficial layer that’s fairly easy to understand for the average consumer. A person wants a home. They don’t…
Although many mortgage lenders were technically open for business last Friday, it’s a well-known unofficial holiday. Mortgage rate movement requires bond market movement, and the…
Mortgage rates have been operating relatively close to their all-time lows recently and today was no exception. The Fed raised some doubts as to how…
If you follow the MBS Commentary channel on this site, you will have already seen most of the following, but it’s relevant for consumers as…
Everything is relative when it comes to following day-to-day movements in mortgage rates. Yes, they’re technically higher than they were on Friday afternoon, but they’re…
The National Association of Realtors’ Existing Home Sales report is the broadest measure of housing market activity. It just hit a 14-year record for the…
August 4th, 2020 was the best day ever for mortgage rates. That’s when we hit the lowest all-time lows we’ve ever seen, and none of…