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…
Home Refinancing is Easy
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…
Mortgage rates were little-changed yesterday–a fact that was ultimately at odds with underlying market movement by the end of the day. What does that mean? …
Mortgage rates were little-changed today, with the average lender only microscopically better than yesterday. That means few loan seekers will notice any difference from yesterday. …
Last week, trial results from Pfizer’s covid vaccine sent shockwaves through financial markets. Stock prices and bond yields both moved decisively higher. In general, higher…
Rarely does the month of November offer so much activity for the housing and mortgage markets, but it always offers an updated conforming loan limit. This…
Earlier in the month, mortgage rates rose somewhat abruptly as lenders got in a defensive position ahead of the election. They’d learned in 2016 just…