Yesterday, we talked about how mortgage rates were actually lower this week, despite some news coverage to the contrary, and how that discrepancy was the result of…
Home Refinancing is Easy
Mortgage rates dropped noticeably today, as the underlying bond market benefited from overseas developments. The European Central Bank (ECB) is Europe’s counterpart to the Federal Reserve. Like…
Mortgage rates improved again today, bringing them back to the lowest levels seen since last Thursday morning. Starting last Wednesday, we saw a fairly fast rate…
After a pretty rough conclusion last week, yesterday’s stability was a welcome change for mortgage rates at the start of the new week. Today made things slightly…
Mortgage rates finally caught their breath today after rising quickly in the second half of last week. Specifically, the average lender managed to avoid getting any worse. …
Mortgage rates surged again today as the underlying bond market continued to capitulate to selling pressure. Let’s talk about what that means in plain English! Capitulation in…
Mortgage rates moved quickly higher today following stronger-than-expected economic data. Rates are driven by the bond market. Bonds are safe-haven assets. When the economy is stronger,…
At one point today, there were three apparently important events dominating the newswires simultaneously. These included the Fed Chair’s congressional testimony, the Cohen congressional testimony,…
Whereas mortgage rates were almost undetectably higher yesterday, they were lower by roughly the same insignificant amount today. In either case, and unless they make a…
Mortgage rates were very nearly unchanged today, although the average lender was just slightly higher. Investors reacted to news over the weekend that the US/China tariff…