Mortgage rates have been volatile in 2022. Most of that volatility has played out in the form of higher rates. The past 2 weeks have…
Home Refinancing is Easy
Inflation is the enemy of low interest rates. As such, the mortgage market was waiting patiently for this week’s key inflation report released this morning. …
Mortgage rates are driven by the bond market and bonds have been under tremendous pressure due to inflation. As such, when a major inflation report…
After moving up sharply on Friday, mortgage rates weren’t significantly higher yesterday. That represented a bit of a disconnect with underlying bond markets. Specifically, the…
Last week was significantly calmer than the previous week for rates (and many other things in the financial market, for that matter). After hitting the…
In 2020 and 2021, housing boomed and rates plummeted at a pace that many considered to be unsustainable . 2022’s role is to take things…
Most of today’s mortgage rate headlines suggest that rates are higher this week. Nothing could be farther from the truth. Well, a few things could…
Epic Knowledge Drop on Why Mortgage Rates Can Appear to Have Dropped by Near Record Amounts Recently
When rates jump by some of the biggest amounts ever to the highest levels in more than a decade, it sets us up for some…
In a year where mortgage rate volatility has been extreme, this week made everything else look tame by comparison. While it will never show up…
Mortgage rates are still in the process of bouncing back from an ultra-sharp spike to the highest levels since 2008 seen on Tuesday. Clarity from…