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Mortgage Rates Near Recent Highs

Mortgage rates edged up to the highest levels in several weeks today.  Only a handful of days from mid-May stand between current levels and the highest…

Mortgage Rates Flat Ahead of Potential Volatility

Mortgage rates were steady again today, holding on to the improvements seen yesterday afternoon following a surprise “flash rally” in bond markets.  Such flash moves always create…

Mortgage Rates Improve Slightly

Mortgage rates were steady to slightly lower today, depending on the lender and the time of day.  Rates were higher earlier this morning as bond markets…

Mortgage Rates Up To 3-Week Highs

Mortgage rates rose today, resuming an upward trend that began last week after political turmoil in Italy began to die down.  More simply put, rates had been…

Mortgage Rates Hold Steady

Mortgage rates were little-changed today after rising somewhat quickly over the past 4 business days.  This leaves them right on the top dead center of the proverbial…

Mortgage Rates Still Solid Despite Warning Signs

Mortgage rates were sideways to slightly lower today, depending on the lender.  That presents something of an opportunity because underlying bond markets have been suggesting a move…

Mortgage Rates Fairly Steady Despite Underlying Weakness

Mortgage rates didn’t move much today, on average, even though underlying bond markets suggested a move higher.  We talked about the stock/bond relationship being fairly well intact…

Mortgage Rates Begin April Near 2-Month Lows

Mortgage rates moved lower today as underlying bond markets generally followed a much bigger move in stocks.  It’s a common misconception that stocks and bond yields (“rates,”…

Mortgage Rates Unchanged Despite Market Improvements

Mortgage rates were generally unchanged today, although a few lenders offered slight improvements.  This stands in contrast to the noticeable improvements in underlying bond markets.  As…