Mortgage Rates Drop Sharply, Hitting Lowest Levels Since Mid-September
By The Citizen
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...
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Mortgage Rates Not Nearly as Low as They Might be Tomorrow
By The Citizen
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...
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Mortgage Rates Still Near 2 Month Lows
By The Citizen
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,...
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Rates End Week Little-Changed at Multi-Week Lows
By The Citizen
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...
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Drama and Excitement Remain on Vacation in The Mortgage Rate World
By The Citizen
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...
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