Mortgage rates rose somewhat sharply following the late October Fed meeting but have been in a relatively narrow range so far in November. The range…
Home Refinancing is Easy
Mortgage rates are based on bond market movement and bonds are much stronger today compared to Monday. Although bonds were closed yesterday for the Veterans…
Mortgage rates went into the weekend with a small cushion thanks to movement in the bond market on Friday. Specifically, bonds improved after mortgage rates…
Wednesday’s mortgage rates were the highest in roughly a month and very close to the highest levels in 2 months. This followed stronger economic data…
As of yesterday afternoon, mortgage rates were right in line with the highest levels in more than a month. The upward momentum was largely a…
A common recent refrain is that the bond market (which dictates interest rates) is having to make do without many of the most important regularly-scheduled…
Up until last week’s Fed announcement, the average 30yr fixed mortgage rate was at the lowest levels in more than a year (in many cases,…
After hitting the highest level in several weeks on Thursday, mortgage rates managed to move moderately lower on Friday. Counterpoint: Friday’s rates are still the…
Every now and then, a Thursday comes along where we have to set the record straight on what is actually going on with mortgage rates.…
Today was not a foregone conclusion and there was no way to know ahead of time that it would end like this, but the outcome…