Mortgage rates were having a pretty decent day at first. The bond market was only slightly weaker overnight (implies some upward pressure on rates), but…
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Mortgage rates ended last week with an impressive drop to the lowest levels in more than a month and a half. Today’s rates ended up…
As of last week, rates were showing some signs of resilience, but they had to wait for the true test from this week’s jobs report.…
It’s been a remarkably calm week for mortgage rates, and a fairly decent one relative to several recent examples. The average top tier 30yr fixed…
Mortgage lenders generally try to avoid setting rates more than once per day, but they will make changes if the underlying bond market is moving…
The bond market is the primary driver of mortgage rate movement and normally, “weakness” equates to higher rates. Bonds are slightly weaker today compared to…
Mortgage rates remain elevated relative to the levels seen in September and early October, but they’ve definitely moved down a bit from their recent highs. …
Last Monday, mortgage rates were near the highest levels in more than 3 months. A week later, and the average lender is right in line…
Starting in early October, mortgage rates experienced significant volatility, meaning the average day over day change was much bigger than normal. While the term “volatility”…
They may not be low. In fact, they may still be a lot higher than you want, but at least they haven’t been too volatility…