Mortgage rates surged at a pace seen only one other time since October 2022. The average lender moved up by 0.28%, which is functionally equivalent…
Home Refinancing is Easy
Mortgage rates roughly matched their highest levels in months yesterday, but managed to turn things around today. One could argue that the broader bond market…
Mortgage rates moved up somewhat abruptly today as the bond market lost more ground over the weekend. Rates are driven primarily by bonds, but mortgage…
Data dependent… That’s a phrase that is all too prevalent in financial markets and among members of the Federal Reserve. It refers to the fact…
Mortgage rates may have been able to claim some resilience over the past few days, but it hasn’t been a great week in general. The…
After starting the week with a sharp move higher, mortgage rates managed to avoid losing much ground yesterday. This was only achieved with a recovery…
After starting the week with a fairly large jump, mortgage rates had a much calmer day on Tuesday. This was made all the more impressive…
March ended with a streak of some of the flattest day-over-day changes in mortgage rates on record. It was all but certain that the new…
Unfortunately, we don’t have a great way to measure all of the past precedents, but it’s safe to say that the this was one of…
There are probably only a few 4-day streaks with effectively no movement in mortgage rates, and this is one of them. After falling to 6.91%…