Mortgage rates have been extremely stable given their proximity to all-time lows. Past precedent suggests one of two things when rates set records: a slow…
Home Refinancing is Easy
Economic data is traditionally one of the key contributors to interest rate movement. Of the regularly-scheduled reports, none has more market-moving street cred than The…
Mortgage Rates have risen modestly over the past few days with the average lender now offering the highest rates in roughly 2 weeks. The ground covered…
Mortgage Rates were steady to slightly lower yesterday even though prevailing trends in the bond market suggested caution. Today’s trading is a different story. Granted, there…
Mortgage Rates did well last week, with the average lender getting very close to long-term lows by Wednesday. After that, however, volatility in the bond…
After spiking in early January, interest rates returned to near-all-time-low levels by the middle of the week. By the end, however, the market began to…
Mortgage rates have had a great couple of weeks after jumping to multi-month highs at the beginning of January. By yesterday, they’d made it almost…
Mortgage rates were mixed to slightly higher today, depending on the lender. “Higher” is a relative term, in this case as the average loan seeker is…
What’s a bond market rally and why should mortgage rates care? There are all kinds of bonds. US Treasuries would be the quintessential example, but…
While it wasn’t quite the biggest surprise of 2020, the strength of the housing market was one of the best. The just-released numbers for December…