There’s likely no getting around that fact that mortgage rates will be moving noticeably–possibly substantially–in the coming days. This is due to the arrival of…
Home Refinancing is Easy
The implication of “Fed rate hikes” is a constant source of confusion in the housing market. The general belief is that the Fed controls rates…
Mortgage rates began the week with a moderately big jump to what were essentially the highest levels in more than a month. Less than 24…
Whether we call it a bailout, a failure, or a fire sale, First Republic Bank was formally absorbed by JP Morgan Chase early this morning.…
Mortgage rates fell nicely to start the week but only after rising rather abruptly in the previous two weeks. That said, short term ups and downs…
Interest rates are determined by the price/yield of bonds. Bonds can take cues from several places, but inflation always matters. Inflation had been subdued for…
For mortgage rates and the broader bond market, everything has been fairly sideways in the bigger picture since the initial wave of bank drama in…
While the news media bonfire on the recent LLPA tweak is only getting started, it’s time for us to shift gears back to boring old…
Seemingly overnight, the internet is awash with news regarding a “new,” unfair tax on mortgage borrowers with higher credit scores. Some have gone so far…
As is typical on any given Thursday, many media outlets are citing Freddie Mac’s weekly rate survey. This week’s installment suggests rates are higher than…