It was an interesting day for mortgage rates due to the timing of movement in the underlying bond market. Bond prices/yields are the primary ingredients…
Home Refinancing is Easy
Mortgage rates spiked quickly to open the holiday-shortened week with the average 30yr fixed rate coming very close to the 14-year high seen on June…
As we discussed last week, there is unprecedented volatility in mortgage rates at the moment. It’s not that we’re seeing record setting swings from day…
It’s a tremendously important and volatile time for the market and especially for interest rates. The biggest inflation surge in decades pushed rates to their…
As recently as late July, it wasn’t outside the realm of possibility to see certain lenders quoting conventional 30yr fixed mortgage rates in the high…
The last day of August was also the worst day for rates in August. In fact, it was the worse than any of July as…
Mortgage rates are driven by the bond market, and bond traders have a lot on their minds these days. After trading rates up to the…
Mortgage rates managed to breathe a decent sigh of relief last Friday as the bond market remained fairly calm despite stock market weakness following Fed…
While it was never likely to contain too many surprises, this week’s much-anticipated Jackson Hole speech from Fed Chair Powell served as an important reminder…
Tomorrow morning brings a much anticipated appearance from Fed Chair Powell at the annual Jackson Hole Symposium. As is often the case leading up to…