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Mortgage Rates Surprisingly Resilient After Jobs Report

Mortgage rates completely defied the odds.  They even defied convention.  Specifically, they managed to move appreciably lower even though today’s big jobs report basically told them…

Rate Volatility Levels Off Ahead of Jobs Report

Mortgage rates managed to hold steady, for the most part, today.  Some lenders were offering slightly better or worse terms compared to yesterday, but none of…

Mortgage Rates Finally Bounce Higher

Mortgage rates have been on a tear recently.  The average lender has either held rates steady or improved them every single day since January 16th.  Some…

Mortgage Rates Officially at New 3 Year Lows

Mortgage rates inched even lower today as the market resumed efforts to react to and account for risks surrounding the coronavirus outbreak.  Weaker economic data also played…

Mortgage Rates Basically at Best Levels Since 2016

Mortgage rates improved again today as the market continued to react to updates on the coronavirus outbreak.  For top tier scenarios, the average lender is now offering…

Lowest Rates Since September 2019 (Almost 2016)

Mortgage rates regained their footing today, moving back to long-term lows after pausing to move slightly higher yesterday.  The definition of “long-term” depends on the lender in…

Mortgage Rates Tiptoe Near Multi-Year Lows

Mortgage rates continued lower to start the week as Wuhan Virus continues to be diagnosed at an exponential rate.   As we discussed last week, interest rates in…