Interest rates take cues from several places. Regularly scheduled economic data is always a consideration because a stronger economy implies more growth and tighter Fed…
Home Refinancing is Easy
Mortgage rates responded favorably to yesterday’s press conference with Fed Chair Powell. We discussed that move in detail in yesterday’s commentary: Fed Hikes Rates. Mortgage…
For some, this will be old hat. For others, there’s a mystifying dynamic that demands explanation. The confusion stems from years of being conditioned to…
Mortgage rates have been roughly in line with last week’s latest levels at the beginning of the current week. That means they’re fairly close to…
There are those who always try to portray the glass as being half full when it comes to the housing market. Then there are those…
Scheduled economic reports are one of the first places the market looks to get a read on interest rate momentum. Of all the days this…
Mortgage rates are primarily determined by the bond market, and it’s been an uneventful week for bonds! That means we haven’t seen much of a…
Mortgage rates began the day at higher levels than yesterday for the average lender, but the movement was fairly small. Most lenders were still able…
After hitting the lowest levels in 4 months at times over the past week, rates have drifted up a bit. There hasn’t been much rhyme…
If you cross paths with the average mortgage rate article (or tweet/post/etc) today, chances are you’ll see some mention of “rates moving lower.” That’s both…