There have been some more abrupt rate spikes in the recent past–days where the average mortgage rate has risen by more than an eighth of…
Home Refinancing is Easy
Our rate index has rapidly grown in popularity and exposure in recent years because it is timely and because it accounts for upfront costs in…
Inflation and economic growth… Regardless of our thoughts on the underlying reasons, these two factors have played a key role in skyrocketing rates over the…
Last week was mostly good for mortgage rates, even if the goodness was made possible in large part by the badness of the previous week. …
After hitting the highest levels in decades last week, mortgage rates dropped sharply at the beginning of this week. At first glance, this was a…
Mortgage rates have enjoyed 2 days of uncommonly big gains. Granted, they come at the expense of horrific events and an exceptionally high starting point,…
The holiday-shortened week began yesterday with a substantial decline in average mortgage rates. Caveats abound, however. They include things like the bond market making up…
The average mortgage lender is quoting a top tier 30yr fixed mortgage rate that is nearly a quarter of a percent lower than the same…
Rates were already high coming into this week. As of last Friday, that meant an average 30yr fixed rate just under 7.5%. As of this…
For the first time in nearly a month, the bond market (which dictates day to day mortgage rate movement) managed to string together two winning…