Bond markets will be closed for Thanksgiving tomorrow. That means mortgage lenders won’t be publishing new rates. While markets are technically open for a half…
Home Refinancing is Easy
Rates are driven by bonds and mortgage rates are driven by mortgage-backed bonds. These bonds trade in the open market all day every day. Mortgage…
Mortgage rates made their biggest recent move (and their biggest single day move ever) 2 Thursday’s ago after a key report showed inflation was lower…
There’s no question that last week was an exciting one for rates. On Wednesday, the average 30yr fixed was fairly close to the highest levels…
If you’d like to get the quick scoop and be on your way, here you go: the big move in rates happened last Thursday when…
The mortgage landscape is very interesting at the moment. On any given day, some lenders are moving higher, others are moving lower, and the rest…
Let’s talk about the current state of mortgage rates. Before we do, some housekeeping: the following pertains to averages across multiple lenders. This is an…
If you’re just getting caught up, last Thursday was one for the record books–at least when it comes to the daily records that exist going…
Heading into this week, we knew that Thursday’s Consumer Price Index (CPI) would be critically important. It did not disappoint. CPI is one of two…
We’re in the middle of a 4 day week culminating in one of the most important events of the year for interest rates. Thursday morning…