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Don't Fear The Taper

For anyone following interest rates very closely in 2013, the taper tantrum is not easily forgotten. It describes the bond market’s knee-jerk response to the…

Mortgage Rate Mini-Winning Streak Comes to an End

Mortgage rates finally ended this week’s winning streak today.  In light of the general upward trend in rates over the past month, bond yields (which tend…

Mortgage Rates Continue Gradual Recovery

Mortgage rates hit 6 month highs by the end of last week, but they’ve been cautiously recovering since then.  The rebound traces a similar pattern in…

Highest Rates Since April, But There's a Catch

Over the past 30 days, interest rates have risen sharply. This is true for both mortgage rates and bond market benchmarks like 10yr Treasury yields.…

Another Day; Another Long-Term High For Rates

Mortgage rates haven’t really been able to catch a break recently.  This week is shaping up to be one of the worst since March.  Since then,…

Mortgage Rates Hold Steady Near Multi-Month Highs

Mortgage rates began moving off longer term lows in early August and that trend has continued ever since.  The September 22nd Fed Announcement (and press conference…

Mortgage Rates Stabilize For Now

Mortgage rates hit their highest levels in months yesterday as bonds lost ground at a brisk pace to start the new week.  Bonds–specifically mortgage-backed securities (MBS)–are…

Highest Rates in Months

Mortgage rates had a mixed showing last week.  They started out high before improving through Thursday.  Finally, they took a step back up on Friday. …