It continues to be the case that day-to-day changes in average mortgage rates are very small. Today was no exception in that regard. Nonetheless, today…
Home Refinancing is Easy
Mortgage rates tend to move at least a little every day although they haven’t been moving too much in the bigger picture recently. The only…
After last week’s Jackson Hole speech from Fed Chair Powell, rates fell to their lowest levels since October 3rd, 2024, narrowly surpassing the recent long-term…
Heading into the week, Fed Chair Powell’s speech at the Fed’s annual Jackson Hole Symposium was only event on the calendar that held much promise…
In a world (like this one) where mortgage rates are dictated by bond market movement and where bonds take cues from certain economic reports, weeks…
For the 11th straight business day, mortgage rates are very close to the levels from the end of the previous day. Over the past week,…
Mortgage rates are based on bonds and bonds, and bonds have some seasonality to them. This doesn’t necessarily mean there’s a reliable seasonal pattern for…
Mortgage rates are as high as they’ve been on almost any other day this month. You’d have to go back to August 1st to see…
Friday proved to be the weakest day of the week for the underlying bond market and, thus, the highest day of the week for mortgage…
Mortgage rates hit fresh long term lows yesterday with the average top tier 30yr fixed rate at the best levels since October 3rd, 2024. There…