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Mortgage Rates Finally Bounce Higher

Mortgage rates have been on a tear recently.  The average lender has either held rates steady or improved them every single day since January 16th.  Some…

Mortgage Rates Officially at New 3 Year Lows

Mortgage rates inched even lower today as the market resumed efforts to react to and account for risks surrounding the coronavirus outbreak.  Weaker economic data also played…

Mortgage Rates Basically at Best Levels Since 2016

Mortgage rates improved again today as the market continued to react to updates on the coronavirus outbreak.  For top tier scenarios, the average lender is now offering…

Lowest Rates Since September 2019 (Almost 2016)

Mortgage rates regained their footing today, moving back to long-term lows after pausing to move slightly higher yesterday.  The definition of “long-term” depends on the lender in…

Mortgage Rates Tiptoe Near Multi-Year Lows

Mortgage rates continued lower to start the week as Wuhan Virus continues to be diagnosed at an exponential rate.   As we discussed last week, interest rates in…

Mortgage Rates Drop to 4.5-Month Lows on Virus Fears

Mortgage rates moved meaningfully lower over the past 2 days as panic over the coronavirus outbreak continues affecting financial markets.  If this epidemic ends up being similar…

Mortgage Rates Maintaining Longer-Term Lows For Now

Mortgage rates remained in line with 3-month lows today for the average lender.  Several lenders offered marginally better terms compared to yesterday, but in those cases, the…

Mortgage Rates Back to 3-Month Lows

Mortgage rates dropped to begin the holiday-shortened week as markets expressed a bit of panic over the coronavirus outbreak in China.  This is similar to the SARS…

Mortgage Rates Off Recent Lows

Mortgage rates moved slightly higher over the past two days as strong economic data and corporate earnings coaxed investors into riskier assets like stocks.  Bonds (which dictate…