As of last Thursday, the average top tier 30yr fixed mortgage rate was a few days away from being able to claim an official “7…
Home Refinancing is Easy
Survey-based rate indices haven’t yet had time to account for the massive drop in mortgage rates this week, but rest assured, it was special. That’s…
Today’s headline speaks for itself: one of the biggest 2-day drops in rates in decades. Simply put, over the past 48 hours, mortgage rates have…
Today brought the scheduled Fed policy announcement that we’ve been waiting for and mortgage rates plummeted as a result. So does that mean the Fed…
When it comes to interest rates reacting to scheduled economic reports, the magnitude of the reaction is generally correlated with the extent to which the…
Mortgage rates are based on bonds and the bond market is coming off an important and largely successful week. It was important because it was…
Heading into this week (and even throughout the entirety of last week) we were mostly focused on seeing today’s jobs report for the next big…
If you’re reading this on Thursday, December 7th, it is the day before the big jobs report–the one that has all the potential in the…
Mortgage rates are hitting lower milestones like it’s their nine to five recently and today was just another day at the office. The average lender…
Right from the start and with only a few days that didn’t fit the narrative, November was a stellar month for mortgage rates, and December…