The first thing to understand about mortgage rates over the past 3-4 weeks is that they haven’t been moving nearly as quickly as the preceding…
Home Refinancing is Easy
While the average 30yr fixed mortgage rate is still more than 1% below the long-term highs seen in October, it has been rising slowly and…
Last week saw several key economic events attempt to exert some influence on interest rate momentum without any obvious winner. Rates ended the week somewhat…
The big jobs report on the first Friday of any given month can be big business for interest rate volatility. Today’s example was no exception,…
Wednesday saw mortgage rates recover toward the lower recent levels in response to economic data that wasn’t as upbeat as recent examples. That’s important because…
As of this morning, it looked like the theme for mortgage rates in 2024 would be up, up, and away–at least as far as the…
Mortgage rates kicked off the new year by jumping to the highest levels since December 13th. That’s not too remarkable considering rates were also at…
Looking back at October when 30yr fixed mortgage rates were over 8%, a return to the roughly unchanged levels by the end of the year…
Yesterday was the most interesting day of the past 2 weeks, but that’s not saying much. The past 2 weeks have been the calmest for…
The most notable accomplishment for mortgage rates today was the fact that they moved by a normal amount compared to the previous day. That’s the…