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Mortgage Rates' Week Goes From Bad to Worse

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…

Worst Week For Mortgage Rates Since 2016

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 Steady at Recent Highs

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 Moving Quickly Higher

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…

How Low Can Mortgage Rates Go?

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 Set Another Long-Term Low

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…

Mortgage Rates Back in Line With 3 Year Lows

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…