Mortgage rates have been hit hard on two fronts over the past month. The first front is the obvious one: the bond market has moved…
Home Refinancing is Easy
If you want to see higher 30yr fixed mortgage rates, you’d have to go back to November 9th, 2022 after today. To be fair, that’s…
At face value, today was a loss for mortgage rates. The average lender is quoting a slightly higher rate for conventional 30yr fixed scenarios compared…
Mortgage rates began the new week on a modestly positive note. The average lender is now quoting conventional 30yr fixed loans at a slightly lower…
Source: mortgagenewsdaily.comNew feed
We keep pretty timely track of mortgage rates around here–timely enough to account for several changes on any given day. As such, we mean it…
The Federal Reserve directly controls the shortest term lending rates. Mortgage rates are dictated by longer-term bonds in the open market, but traders of those…
On November 9th, 2022, the average lender was quoting 30yr fixed rates well over 7%. On day later, that figure dropped to 6.625%. It was…
First off, I apologize. You’re right. How would I know exactly what you’ve been told about mortgage rates today? I can only draw the same…
Rates have been rising at a reasonably quick pace for most of February. The process began in earnest after labor market data on February 3rd. …