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…
Home Refinancing is Easy
As far as financial markets are concerned, a green Christmas is better than anything Bing Crosby could have crooned about. Green is the color that…
Mortgage rates had been in a holding pattern for nearly 3 weeks following the November 10th CPI inflation data. On that single day, the average…
Mortgage rates moved slightly lower today, but barring a major market reversal overnight, could be even lower tomorrow. It’s fairly rare to be able to…
Excitement, volatility, non-stop action… concepts that have absolutely nothing to do with mortgage rate movement over the course of the past two weeks. In fact,…
Bond markets will be closed for Thanksgiving tomorrow. That means mortgage lenders won’t be publishing new rates. While markets are technically open for a half…
Rates are driven by bonds and mortgage rates are driven by mortgage-backed bonds. These bonds trade in the open market all day every day. Mortgage…
Mortgage rates made their biggest recent move (and their biggest single day move ever) 2 Thursday’s ago after a key report showed inflation was lower…
There’s no question that last week was an exciting one for rates. On Wednesday, the average 30yr fixed was fairly close to the highest levels…
If you’d like to get the quick scoop and be on your way, here you go: the big move in rates happened last Thursday when…