Mortgage rates moved lower today as investors reacted to economic data that showed contraction in the manufacturing sector. The Institute for Supply Management (ISM) publishes…
Home Refinancing is Easy
Source: mortgagenewsdaily.comNew feed
This week’s theme has undoubtedly been the extreme absence of volatility in the rate market. Whether we’re looking at mortgage rates themselves or a broader…
The week began with a noticeable uptick in mortgage rates relative to last week’s lows. Today’s momentum continued in the same direction, but with less…
Mortgage rates hit their lowest levels in just over 6 weeks on Friday as investors braced for bad news in the banking sector. Such fears…
Over the course of the past two days, the average conforming 30yr fixed rate has moved down to the lowest levels since early February for…
There was some debate as to whether or not the Federal Reserve would hike the Fed Funds Rate today, although the consensus was for a…
Banking sector fears were responsible for a nice little drop in mortgage rates over the past 2 weeks. As those fears subside (to some extent,…
Let’s start today’s rate coverage with a public service announcement on the best way to be a consumer of mortgage rate data online. It can…
There’s certainly a chicken/egg problem when it comes to interest rate news. Is it the Fed’s decisions that move rates? Or do market forces move…