It’s a tale as old as time for those who closely follow the day to day gyrations in the mortgage market. Bond volatility forces lenders…
Home Refinancing is Easy
The bond market returned from a 3 day weekend to find yields surging higher on Tuesday. That pushed mortgage rates to fresh 2 year highs…
Today was one of the most uneventful days in recent memory for mortgage rates. The average lender is in very similar territory compared to yesterday,…
Mortgage rates have been having a bad 2022 so far with the average lender up to the highest levels in roughly 2 years as of…
One of the very few welcome byproducts of the pandemic was the pervasive availability of new all-time low mortgage rates. Depending on when you checked…
In the past 2 weeks, press coverage of the Federal Reserve’s policy outlook has ramped up significantly. The Fed is now expected to start hiking…
In almost every case, a day of bond market improvement results in rates moving lower. That makes sense considering mortgage rates are based primarily on…
Interest rates are typically determined by bond market. Mortgage rates, for instance, are directly tied to mortgage-specific bonds know as mortgage-backed securities (MBS). MBS tend…
2022 has gotten off to a bad start for the bond market and consequently, mortgage rates. The pace has been on the aggressive side with…
Last week wasn’t a great one for mortgage rates. Most lenders were roughly a quarter of a point higher on a conventional 30yr fixed scenario…