Mortgage rates hit their best levels in more than a month by the end of last week after moving lower for 4 straight days. If…
Home Refinancing is Easy
It was a hotly anticipated week for interest rates due to the arrival of the first batch of big ticket economic data since the Inflation…
Since hitting 2 month highs last Tuesday, mortgage rates have mostly moved lower. The past 3 days have all seen solid improvements in response to…
Conventional 30yr fixed mortgage rates in the high 6 percent range have been available months now, and that didn’t change in the past few weeks…
Mortgage rates are driven by movement in the bond market. Bonds can move for several reasons at any given moment, but a key consideration these…
Mortgage rates were at the best levels in 2 weeks as of last Friday and today’s offerings are only modestly higher. One counterpoint is that…
The average lender was offering slightly higher rates this morning when compared to yesterdays latest levels, but things began to change after 10am ET. That’s…
In the bigger picture, mortgage rates would still be best described as “trending gently higher,” but in the shorter term, today was a victory. The…
Despite the release of economic data that sounds like it should matter to markets (mainly “GDP”), the bonds that drive interest rates had a remarkably…
One of the downsides of rates being very close to the highest levels in months is that it doesn’t take much of nudge to hit…