Mortgage rates jumped quickly higher yesterday following the higher inflation reading in the Consumer Price Index (CPI). Now today, rates have completely erased the move…
Home Refinancing is Easy
Today’s mortgage rate movement is very straightforward. Unfortunately, it’s also marked by a straight line toward higher levels–in this case, the highest since January 14th.…
Any recap of financial news headlines will likely mention Fed Chair Powell’s congressional testimony today. Some efforts could even be made to link today’s rate…
Mortgage rates have been on a vacation from volatility since January 16th when they fell back toward 7% after hitting the highest levels since May…
Friday brought the release of the big jobs report which is historically more likely than any other monthly economic report to cause the biggest pops…
Yesterday was notable for being the first day in more than a week to offer any excitement for rates. More notably, that excitement was the…
The recent absence of volatility in day-to-day mortgage rate movement has been an easy target for light-hearted indignation among market watchers. But to be fair,…
If you like your mortgage rate movement boring and minimal, this week’s for you (and last week, and the week before that). Going all the…
We know that mortgage rates are driven by financial markets and we know that financial markets have experienced volatility amid the roll-out of new tariffs…
For all of the news that seems to be highly likely to cause volatility for rates, the market reaction ended up playing out on a…