Mortgage rates jumped to their highest levels since late July yesterday. Underlying market movement wasn’t readily attributable to any singular headline or economic report. Leading…
Home Refinancing is Easy
By the smallest of margins, mortgage rates are back up to levels last seen in July. That means we’ve gone from being fairly close to…
There hasn’t been much day to day movement in mortgage rates after the big jump caused by the jobs report earlier in the month. That…
Mortgage rates are driven by the bond market and bonds consistently take cues from economic data. Traders have been waiting on this Thursday’s economic data…
Mortgage rates have been holding in a fairly narrow range since the middle of last week and today was one of the least interesting additions…
While this week’s rates were substantially higher than most of last week’s, if we remove a few flashes of volatility, the average lender stayed very…
We can appreciate that the daunting task of determining what “the” actual mortgage rate may be at any given moment. The word “the” is singled…
Today brought the release of the minutes from the most recent Fed meeting in addition to numerous Fed speeches and the scheduled auction of 10yr…
Mortgage rates spiked at their fastest pace in months on Friday following the jobs report and yesterday added insult to injury, making for a total…
It’s been a strange and frustrating couple of weeks for anyone who mistakenly believed that mortgage rates would move lower after the Fed rate cut. …