Mortgage rates were already at all-time lows yesterday, and had been holding at those levels for at least 3 business days for the average lender. I normally…
Home Refinancing is Easy
Mortgage rates barely budged for the third straight day, which is welcome news considering they are at all-time lows. The stability comes in spite of at…
This week’s economic data included the biggest-ever gain in Pending Home Sales, a leading indicator for the housing market. Meanwhile, mortgage rates pushed down to…
Mortgage rates were generally unchanged today, thus leaving the average lender at all-time lows for conventional 30yr fixed scenarios. It continues to be the case that…
Mortgage rates managed another slight improvement today, which means the average lender is offering new all-time low rates for the 4th time this month. Even if…
Mortgage rates were unchanged to slightly lower today, bringing the average lender right in line with all-time lows. Averages aside, several lenders are slightly higher than they…
The fates of the economy, the housing market, and interest rates remain closely intertwined with coronavirus. The pandemic is clearly responsible for the record-setting drop…
Mortgage rates moved modestly lower today, bringing the average lender very close to all-time lows. The caveat continues to be that day-to-day rate changes have been…
Mortgage rates moved modestly lower today, but face an uphill battle in general. They fell very quickly as coronavirus first hit financial markets. They hit multiple…
It seems almost melodramatic to refer to any modest increase in mortgage rates these days. If we were to go over each lender’s rate sheet with a…