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Mortgage Rates Start Strong, But Ended Higher

Mortgage rates started weaker and ended stronger yesterday.  Unfortunately, today delivered exactly the opposite scenario.  The underlying bond market (the most important factor in determining mortgage…

Mortgage Rates Much Lower So Far This Week

Mortgage rates ended the previous week with a hopeful outlook due to the omicron variant.  In general, rates benefit from news and events that cause…

Highest Mortgage Rates Since April

Mortgage rates continued higher today as the bond market remained in a defensive stance for a variety of reasons.  The week’s scheduled Treasury auctions were among…

Winter is Coming, But That's Good For Rates

Winter is coming, both literally and figuratively. While the fallout remains to be seen, financial markets are already reacting. In the literal sense, colder ambient…

Mortgage Rates Fall For 2nd Day in a Row

Mortgage rates were modestly lower today as the bond market continued pushing back against somewhat abrupt weakness.  The average media coverage says something completely different though! …

Upward Momentum Continues For Mortgage Rates

After hitting the lowest levels in over a month last Tuesday, mortgage rates have been moving higher fairly quickly each day since then.  Most of…

Rates Jump Sharply After Hitting Multi-Week Lows

Mortgage rates managed to drift down to their best levels in more than a month by yesterday, but the good times ended today… abruptly!  Interest rates…