Mortgage rates are most directly affected by the day to day movement in the bond market. It’s interesting to consider that bonds improved quite a bit…
Home Refinancing is Easy
Mortgage rates may be close to their lowest levels in more than a year, but they were slightly higher versus yesterday. Yesterday’s rates were close enough to…
Mortgage rates finally broke from their recent “back-and-forth” pattern of the past 7 business days and moved lower for the 2nd day in a row. Although…
Mortgage rates fell modestly today, making it the 7th straight business day where they’ve moved in the opposite direction from the previous day. This see-saw pattern…
Mortgage rates were slightly higher today, marking the 6th day in a row where they’ve reversed course versus the previous day. This is the sort of…
Mortgage rates recovered today after rising to the highest levels in a week as of yesterday. The improvement followed a much-weaker-than-expected Retail Sales report–something investors have been…
Mortgage rates hadn’t changed much over the past few business days, even though they arguably should have moved a bit higher yesterday. That made today’s adjustment slightly…
Mortgage rates were roughly unchanged yet again today, although the average lender was charging microscopically higher fees compared to yesterday. The key ingredient in today’s market movement…
Mortgage rates held their ground fairly well today, despite the fact that underlying bond markets were weaker. Bond market weakness is associated with higher interest rates,…
Mortgage rates may not be quite as low as they were on January 31st, but they nonetheless managed to end at the lowest levels of this…