Mortgage rates have been having a bad 2022 so far with the average lender up to the highest levels in roughly 2 years as of…
Home Refinancing is Easy
One of the very few welcome byproducts of the pandemic was the pervasive availability of new all-time low mortgage rates. Depending on when you checked…
In the past 2 weeks, press coverage of the Federal Reserve’s policy outlook has ramped up significantly. The Fed is now expected to start hiking…
In almost every case, a day of bond market improvement results in rates moving lower. That makes sense considering mortgage rates are based primarily on…
Interest rates are typically determined by bond market. Mortgage rates, for instance, are directly tied to mortgage-specific bonds know as mortgage-backed securities (MBS). MBS tend…
2022 has gotten off to a bad start for the bond market and consequently, mortgage rates. The pace has been on the aggressive side with…
Last week wasn’t a great one for mortgage rates. Most lenders were roughly a quarter of a point higher on a conventional 30yr fixed scenario…
Seemingly overnight, the mortgage rate narrative has changed rather drastically, at least in relative terms. While rates had risen gradually from near-all-time lows in August,…
Regular readers know that we’re fond of setting the weekly record straight in cases where day-to-day rate movements paint a drastically different picture than weekly…
Mortgage rates had been drifting modestly higher in general in the past 2 weeks, but the pace is accelerating in the new year. For some…