Just yesterday, we were nodding in agreement and acceptance of the fact that rates were better served by cooling off a bit (read: “rising”) after…
Home Refinancing is Easy
If you count the Friday after Thanksgiving as a business day, mortgage rates had fallen for 6 straight days as of yesterday afternoon. Moreover, they’d…
There were no major economic reports or news headlines in play today. Movement in the bond market (which underlies mortgage rate changes) was orderly and…
The trend in rates has been very linear in the 2nd half of the month and the day-to-day changes have been getting smaller and smaller.…
Thanksgiving week is always an interesting (and frequently frustrating) time for the bond market that underlies day to day interest rate changes. Markets are traded…
“Lower volatility and more sideways momentum” have been the themes as we’ve moved away from last week’s more consequential economic data. The underlying bond market…
The bond market that underlies mortgage rates has had several decent days in a row with trading levels in excellent territory relative to the past…
Mortgage rates moved down to the lowest levels in roughly 2 months last week. To be fair, they had already hit similar levels earlier in…
The average mortgage lender was fairly close to their lowest levels of the past 2 months by yesterday afternoon and today saw almost no change. …
After a fantastic day on Tuesday and frustrating little bounce after yesterday’s Retail Sales data, mortgage rates have fully recovered back to the recent lows.…