Mortgage rates are directly connected to the bond market, and bonds can seemingly do no wrong over the past week. Specifically, demand for bonds has…
Home Refinancing is Easy
Over the past 4 business days, the average top tier mortgage rate has fallen by 0.22%. While that may seem like a small number, consider…
Mortgage rates were already in line with the lowest levels since December 18th by last Thursday. They dropped to the best levels since December 12th…
Back on December 18th, rates began the day fairly close to where they ended the previous day. In the afternoon, rates surged sharply higher following…
It was a fairly decent day for mortgage rates with the average lender returning to the lowest levels in just over 2 months. The improvement…
It was almost a mildly interesting day as rates started out slightly higher. To be fair, even that would not have been too interesting because…
Mortgage lenders were unable to update their rates yesterday as the bond market was closed for the Presidents Day holiday. Three day weekends can occasionally…
The final two days of the present week weren’t on many bingo cards as of Wednesday afternoon. At the time, rates were jumping higher in…
Mortgage rates jumped quickly higher yesterday following the higher inflation reading in the Consumer Price Index (CPI). Now today, rates have completely erased the move…
Today’s mortgage rate movement is very straightforward. Unfortunately, it’s also marked by a straight line toward higher levels–in this case, the highest since January 14th.…