At face value, the bonds that underlie the mortgage market didn’t sustain too much damage today. If there was nothing else to inspire lender rate…
Home Refinancing is Easy
In what can only be described as a cash grab, Fannie and Freddie’s regulator just announced a new tax on refinances. Granted, it’s not technically a…
Mortgage rates jumped yesterday at the fastest pace in more than 2 months. While that isn’t necessarily the end of the world when a 30yr fixed…
With most lenders still easily able to quote a 30yr fixed under 3%, mortgage rates are very low in outright terms. But relative to the recent trend…
Years from now when scientists examine mortgage rates in July 2020, they’d be forgiven for coming to the conclusion that rates only ever move lower.…
There are quite a few more new stories than normal about mortgage rates today. Most of them are wrong. This one is not, and it’s pretty easy…
Mortgage rates cooled off today, rising for the first time since July 27th for the average lender. Between now and then we’ve seen a string of…
Mortgage rates are on a tear, with the average lender easily hitting new all-time lows today. How low is that? At this point it’s safe to…
Mortgage rates have fallen more aggressively than ever and they’ve been remarkably willing to set record after record. So is there any reason you shouldn’t…
Mortgage rates improved nicely overnight. The average lender’s morning rates were very close to the lowest levels ever. This was a distinct possibility based on yesterday…