Mortgage rates officially hit new multi-year highs in February. At the time, you’d have to go back to the first half of 2019 to see…
Home Refinancing is Easy
Mortgage rates have experienced significant volatility so far in 2022. At first, this was almost exclusively a function of the Federal Reserve or, rather, the…
Financial markets were already dealing with rapidly evolving Fed policy shifts, a big jump in rates, and a big drop in stocks. But after Russia…
The first 2 days of the week marked the best 48 hour stint for mortgage rates since March 2020, and one of the best on…
On a normal week, we can follow day to day movement in rates and point out how far behind the times the week-to-week changes are. …
First thing’s first. We need to get some caveats out of the way. The following should always be assumed when reading mortgage rate coverage, but…
Mortgage rates are based on bonds and bonds are often the target of safe haven buying in times of geopolitical distress. The situation in Ukraine…
Financial markets were intently focused on Russia’s invasion of Ukraine today. Such things tend to push interest rates lower and today was no exception, but…
It was another bad day for the mortgage market. This has been the norm so far in 2022 as financial markets continue repositioning for less…
Heading into the extended weekend, there was a small possibility that today’s mortgage rates would turn out to be slightly lower. Reasons for this included…