Mortgage rates had been moving higher fairly rapidly over the past 2 weeks with the average lender easily into the 7% range for a top…
Home Refinancing is Easy
While experts might be able to debate the underlying causes, they can all agree that inflation is the key reason that rates skyrocketed at the…
The most important thing to know about mortgage rates so far this week is that they lived through last week. Living through last week means…
Until a few weeks ago, it looked like we might have seen the last of 7% mortgage rates, but the last 2 weeks have been…
It seems like just last week (because it was) we were commenting on the extreme LACK of volatility in the mortgage rate landscape. Starting last…
While the mainstream mortgage rate indices continue operating in the mid-to-upper 6% range, actual rates are moving higher into the 7% range by the time…
Despite other indices showing the average 30yr fixed rate in the 6.7 range, the actual average (after accounting for points) is once again over 7%. …
The bond market is waiting for bigger news on inflation and the economy, and traders aren’t pretending otherwise. Why does that matter? Traders determine the…
The average 30yr fixed mortgage rate has been holding just under 7% for the entire month, making June the least volatile month in well over…
A majority of the housing market data on any given month tends to come out mostly on the same week. This was that week and…