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Mortgage Rates Drift Down to New 6-Month Lows

Mortgage rates moved slightly lower again today–extending a steady string of improvements that began after last week’s Fed announcement.  The average lender is now able to…

Mortgage Rates Near Long-Term Despite Taper Talk

“Taper talk” refers to comments, speeches, or official policy communications from the Federal Reserve (aka “the Fed”) that speak to the timing and nature of…

Mortgage Rates In Best Territory Since February

This week’s mortgage rates are hard to compare to last week’s.  There are two simple reasons for this.  The first is the recent removal of the adverse market…

Mortgage Rates Recover Most of Yesterday's Losses

Mortgage rates moved higher yesterday after a poorly-received 30yr bond auction (read more…).  The bond market began to heal in the overnight trading session.  By the…

Mortgage Rates Moving Higher So Far This Week

Mortgage rates are coming off a solid performance last week after having moved to the lowest levels in 5 months by Thursday afternoon.  This week is shaping up…

Mortgage Rates Officially Hit 5-Month Lows

With yesterday’s mortgage rates already near longer-term lows, all it took was a modest improvement for today’s rates to officially hit their best levels since February.  The…