Thursdays are special days for mortgage rate aficionados–or they can be anyway. That’s when the weekly mortgage rate survey from Freddie Mac is released. The…
Home Refinancing is Easy
It began last week. It was subtle–so subtle as to pass largely unnoticed. But the gentle drift toward slightly higher rates has taken bigger steps…
For some unknown reason, there were additional articles over the weekend touting “all-time low mortgage rates.” Underpinning these alleged rates is primary data that was…
Yesterday, we discussed why rates are not actually at all-time lows. But rates are whatever they are. They’re relation to previous lows doesn’t really matter…
Many of today’s mortgage-related headlines are touting “new all-time lows,” but there are significant caveats. The biggest caveat would likely be the fact that the…
If you’re shopping for a purchase mortgage and if you’d previously received quotes from one of the slower moving lenders back in late July or…
Mortgage Rates have been exceptionally calm recently. The only major exception has been the implementation, delay, and re-implementation of a new fee that affects almost…
Naturally, the pandemic’s economic impact will take years to be fully understood. On that front, there will be no single event that decides the fate of the market…
After rising at a medium-quick pace to begin the week, the past 3 days have been much calmer by comparison for mortgage rates. Today was…
This morning’s weekly survey data from the Mortgage Bankers Association showed a nice increase in refinance applications offset by a smaller decrease in purchase applications. …