At present, the Consumer Price Index (CPI) and the jobs report are the two most important considerations for interest rate momentum as far as economic…
Home Refinancing is Easy
While weekly mortgage rate indices are pointing out the sharp jump from last Wednesday’s levels, daily rates have fallen twice in a row. The peak…
As is often the case, there are a few ways to look at rates at the moment. In the medium term, we can still take…
If it feels like there’s been an inordinate amount of focus on the Consumer Price Index (CPI) recently, today proved it was justified. It’s not…
After spiking to the highest levels in over a month last Monday, rates have held eerily steady. To be fair, the steadiness started the following…
Near the end of last week, the title of the daily mortgage rate article was “Rates Right in Line With Long-Term Lows, But That Could…
Mortgage rates were technically a hair higher today when compared with yesterday’s latest offerings, but it’s just as fair to say they’ve been unchanged since…
Mortgage rates are based on trading in the bond market. As we saw last week, trading in the bond market can often be very exciting,…
The past two business days (Friday and Monday) accounted for the 3rd largest increase in mortgage rates since March 2020. Friday, specifically, was the fastest…
Last Friday was the worst day for mortgage rates in over a year in terms of day-over-day movement (October 19th, 2023 remains the worst day…