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Best Winning Streak For Rates in 2 Years

It was a critical week for financial markets and especially for rates as investors digested the latest inflation data and the Fed’s smaller rate hike. …

Mortgage Rates Drop to 3-Month Lows

Mortgage rates are based primarily on the bond market (specifically, mortgage-backed securities or MBS).  When MBS improve, lenders are creating loans that are worth more…

Rates Fall Back to Multi-Month Lows

Mortgage rates moved moderately lower today after new economic data showed a big drop in the cost of labor in Q3.  Labor costs are one…

Mortgage Rates Drift Inconsequentially Higher

This week continues to be a placeholder ahead of more consequential events coming up in the week ahead.  Specifically, next Tuesday and Wednesday’s combination of…

Mortgage Rates Start Lower, But Finish Higher

Mortgage rates ended last week very close to their lowest levels in more than 2 months after Fed Chair Powell essentially confirmed next week’s rate…