Over the course of the past two days, the average conforming 30yr fixed rate has moved down to the lowest levels since early February for…
Home Refinancing is Easy
There was some debate as to whether or not the Federal Reserve would hike the Fed Funds Rate today, although the consensus was for a…
Banking sector fears were responsible for a nice little drop in mortgage rates over the past 2 weeks. As those fears subside (to some extent,…
Let’s start today’s rate coverage with a public service announcement on the best way to be a consumer of mortgage rate data online. It can…
There’s certainly a chicken/egg problem when it comes to interest rate news. Is it the Fed’s decisions that move rates? Or do market forces move…
Mortgage rates are ideally determined only once per day, several hours into the business day. This gives mortgage lenders time to observe a baseline for…
Does Credit Suisse qualify as a “big bank” anymore? The company could be argued to be circling the drain for many months, but nonetheless holds…
Mortgage rates made substantial gains yesterday as financial markets underwent a classic flight to safety. This involves selling riskier assets like stocks and buying fixed-income…
If you’re just getting caught up or otherwise haven’t heard, the biggest news in financial markets since last Friday has been the precipitous failure of…
While the Federal Reserve doesn’t directly dictate mortgage rates, the outlook for Fed rate hikes matters a great deal. In the days and weeks leading…