Mortgage rates were already having their worst week since 2016 as of yesterday afternoon. Rather than help to heal some of the damage, today’s bond market…
Home Refinancing is Easy
Mortgage rates didn’t have a great day today, moving even higher from what were already the worst levels in a month as of yesterday afternoon. In…
Mortgage rates were roughly unchanged today for the average lender as underlying bond markets finally calmed down. Over the past few days, bond yields have been…
Mortgage rates moved higher today at the fastest pace in several months today. The underlying bond market (which dictates rates) was merely hinting at a corrective…
Mortgage rates walked back a decent chunk of their recent improvements today. This claim runs counter to almost any other coverage you’ll see, but I’m right…
Mortgage rates are on a tear. In the bigger picture, 2019 has been the best year in more than a decade. Only 2002 was arguably on…
Mortgage rates had to endure some paradoxical momentum and delayed reaction to the broader bond market rally lately, but now, it’s payback time! Not only have…
Two days ago, I wrote an article entitled “No, Mortgage Rates Aren’t Based on 10yr Treasury Yields.” It’s worth a read if you’re not already…
Mortgage rates moved lower today as MBS (the mortgage-backed securities that determine the value of mortgages on the secondary market) improved relative to US Treasuries. That’s…
Mortgage rates have been putting on a rather frustrating and exciting show in the month of August. On the one hand, they’re at or near their…