As markets digested implications of several fiscal policy changes over the past 2 months, a predictable trading pattern emerged. Stocks and interest rates moved lower…
Home Refinancing is Easy
Financial markets experienced relatively extreme volatility on several occasions following the April 2nd tariff announcements. The bonds that underlie mortgage rates were no exception, thus…
Last Friday was notable in that it was the first day since February 19th where the average top tier 30yr fixed mortgage rate ended the…
For anyone remotely tuned into financial news, it will come as no surprise that this has been a crazy week and today has been a…
While no one can be sure exactly how things will pan out in the long run, the market is currently expressing extreme disapproval of the…
Tariff volatility giveth and taketh from interest rates. Up until Friday afternoon, it’s been mostly “giveth-ing.” In other words, the prospect of trade wars between…
This week is ending with the average top tier 30yr fixed mortgage rate at its lowest level since early October, 2024. The only way to…
Yesterday afternoon’s tariff announcement sent financial markets on a ride that ultimately resulted in sharply lower stock prices and moderately lower bond yields. Stocks don’t…
Mortgage rates didn’t move much today, which is pretty crazy considering the volatility present in financial markets in the afternoon. That’s when the long awaited…
While interest rates continue operating in a range that is generally flat and narrow over the past 5 weeks, it’s also true that today’s rates…