Mortgage rates didn’t move much today, but the movement was in a friendly direction at least. The caveat is that this pertains to the average…
Home Refinancing is Easy
Mortgage rates began the day in higher territory due to overnight weakness in the bond market. Bonds (like US Treasuries or the MBS that determine…
Mortgage rates finally broke the 8% ceiling this week after months of gradual upward movement in the 7% range. At the same time, Existing Home…
There have been some more abrupt rate spikes in the recent past–days where the average mortgage rate has risen by more than an eighth of…
Our rate index has rapidly grown in popularity and exposure in recent years because it is timely and because it accounts for upfront costs in…
Inflation and economic growth… Regardless of our thoughts on the underlying reasons, these two factors have played a key role in skyrocketing rates over the…
Last week was mostly good for mortgage rates, even if the goodness was made possible in large part by the badness of the previous week. …
After hitting the highest levels in decades last week, mortgage rates dropped sharply at the beginning of this week. At first glance, this was a…
Mortgage rates have enjoyed 2 days of uncommonly big gains. Granted, they come at the expense of horrific events and an exceptionally high starting point,…
The holiday-shortened week began yesterday with a substantial decline in average mortgage rates. Caveats abound, however. They include things like the bond market making up…