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Mortgage Rates Down 0.25% This Week

At the end of last week, the average top-tier 30yr fixed mortgage rate quote was 4.375%.  As of today, the exact same scenario would be at 4.125%–a…

Mortgage Rates Surge to New Long-Term Lows After Fed

Mortgage rates broke a week-long streak of silence today following a policy announcement from the Federal Reserve.  Even before today’s Fed announcement, we knew we’d likely be…

Mortgage Rates Hold 14-Month Lows

Mortgage rates didn’t budge today–a logical result with no signs of life in underlying bond markets.  In the current case, this is just fine with us considering…

Mortgage Rates Played a Perfect Game This Week

Yesterday, we talked about how mortgage rates were actually lower this week, despite some news coverage to the contrary, and how that discrepancy was the result of…

Mortgage Rates Are Actually Lower This Week!

Mortgage rates dropped noticeably today, as the underlying bond market benefited from overseas developments.  The European Central Bank (ECB) is Europe’s counterpart to the Federal Reserve.  Like…

Mortgage Rates Improved Today

After a pretty rough conclusion last week, yesterday’s stability was a welcome change for mortgage rates at the start of the new week.  Today made things slightly…