Mortgage rates stabilized today after spending the past 2 days moving modestly higher. In general, rates moved almost exclusively lower last week in response to concerns…
Home Refinancing is Easy
Mortgage rates moved higher again today thus keeping them well within the sideways range that’s been in place for the past 2 months. Omicron-related news continues…
Mortgage rates have been in a very narrow, sideways range since October. During that time, the average 30yr fixed rate hasn’t moved by more than…
Several developments are converging on the global economy and financial markets at the moment. Each brings its own causes for concern. Together, they bring a…
Mortgage rates started weaker and ended stronger yesterday. Unfortunately, today delivered exactly the opposite scenario. The underlying bond market (the most important factor in determining mortgage…
Mortgage rates were much lower at the start of business yesterday, but began rising in the afternoon as the bond market lost ground. That same momentum…
Mortgage rates ended the previous week with a hopeful outlook due to the omicron variant. In general, rates benefit from news and events that cause…
Just when it looked like the current week would fizzle out on a negative note for rates, our least favorite market mover is back in…
Mortgage rates continued higher today as the bond market remained in a defensive stance for a variety of reasons. The week’s scheduled Treasury auctions were among…
Mortgage rates began the new week on a bad note with the average lender full erasing the improvement seen on Friday. This leaves many lenders…