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Mortgage Rates Now Lowest in Nearly 2 Weeks

As the broader market continued rubbing its eyes in disbelief over the Fed’s exceptionally calm attitude on inflation, bonds continued to improve today.  Stronger bonds…

Fed "Held Rates Steady," But Mortgage Rates Improved

The rate market was intently focused on today’s announcement from the Federal Reserve.  While many news headlines emphasize the Fed “holding rates steady,” but that’s…

Mortgage Rates Inch to March Highs

Rates marched higher to the highest levels in March today, but most lenders are only microscopically worse off than Friday afternoon.  In the slightly bigger…

Mortgage Rates Back Above 7%

Even though Tuesday’s consumer-oriented inflation report (CPI) had the biggest potential to cause drama for rates, it was today’s wholesale inflation report that did the…