The stratification of rate offerings between lenders is very high due to rapid changes over the past few days and weeks. On average, top tier…
Home Refinancing is Easy
Today was “Fed day” and mortgage rates fell quite a bit. So it must have been due to the Fed announcement, right? Not exactly… The…
Coming into the current week, we expected to see a fair amount of volatility. Last week was volatile in its own right, but in a…
Mortgage rates barely budged today. The average lender was just a hair higher compared to Friday’s top tier conventional 30yr fixed rate offerings. In other…
Mortgage rates managed to have a nice, boring Friday with minimal movement. That’s a victory considering yesterday saw a decent move lower, but victories are…
Mortgage rates have been bouncing around by leaps and bounds in a wide, sideways range over the past 2 weeks. The upper boundary of that…
Just when it looked like something new and different might be happening in the mortgage rate world, the market is quickly back to its old…
Mortgage rates didn’t move much today, but the movement was in a friendly direction at least. The caveat is that this pertains to the average…
Mortgage rates began the day in higher territory due to overnight weakness in the bond market. Bonds (like US Treasuries or the MBS that determine…
Mortgage rates finally broke the 8% ceiling this week after months of gradual upward movement in the 7% range. At the same time, Existing Home…