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Mortgage Rates Very Close to 5-Month Lows

Mortgage rates have fallen fairly consistently over the past 2.5 weeks with the past 2 days seeing some of the better improvements.  There haven’t been…

Mortgage Rates Trickle Lower Yet Again

Mortgage rates fell again today–now officially below the lowest levels in the past 2 weeks.  In order to accomplish that, rates had to fully erase the…

Mortgage Rates Inch Toward 2-Week Lows

Mortgage rates are primarily a function of trading levels in the bond market and bonds have enjoyed (or suffered) an interesting mix of volatility and…

Mortgage Rates Edge Down to Best Levels in a Week

Last week’s announcement from the Federal Reserve was the last major shake-up for mortgage rates, sending them quickly higher on Wednesday afternoon.  Since then, things…

No Easy Victories For Mortgage Rates

10yr yields may have hit their lowest levels in months in the wee hours of the morning and people may always perceive a bit too…

Making Sense of This Week's Fed Drama

The Fed released a new scheduled policy announcement this week as well as updated economic projections. Relative chaos ensued. Let’s talk about why and what…

No, Mortgage Rates Aren't Lower Today!

It’s Thursday on a volatile week for the bond market and thus time, once again, to play our favorite game: “no, rates didn’t really do…

Rates Jump After Fed Announcement

Mortgage rates were already drifting higher in the first half of the week, but that was nothing compared to today.  This afternoon’s Fed Announcement was certainly…