Mortgage rates moved decisively higher this week as the underlying bond market finally began shifting gears. After the Fed meeting in June, rates moved to the lowest…
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Mortgage rates were mixed today following the much-anticipated congressional testimony by Fed Chair Jerome Powell. Although these testimonies are regularly scheduled events (twice a year), they can…
Mortgage rates rose today, largely in response to weakness in the bond market seen yesterday afternoon (and confirmed this morning). Mortgage rates follow the bond market, but…
Mortgage rates began the day in slightly lower territory compared to last Friday afternoon, but they’d risen noticeably from Wednesday to Friday. The recovery seen this morning…
Mortgage rates moved higher today following higher-than-expected job creation in a report from the Labor Department. The Employment Situation (aka “the jobs report”) is the most important…
Mortgage rates fell at a moderate pace today. As expected, the lenders who hadn’t gotten around to improving during yesterday’s bond market rally (stronger bonds = lower…
Mortgage rates moved down today by varying amounts depending on the lender. In some cases, lenders weren’t offering much of an improvement over yesterday. Those lenders…
Mortgage rates were slightly higher to start the new week, which is a pretty good outcome considering the underlying events. On Friday, we anticipated a pick-up…
Mortgage rates enjoyed a pleasantly flat week despite some volatility in the underlying bond market. The day-to-day changes in Treasuries and Mortgage-Backed-Securities (MBS) were noticeable, but…
Mortgage rates rose to the week’s highest levels yesterday, but they moved back down today. Although there have been slightly better days over the past 2…