Credit where credit is due: the rate market did an outstanding job of getting out in front of the Fed rate cut as well as…
Home Refinancing is Easy
We publish daily coverage of mortgage rate movement and have done so for nearly 20 years now. It’s a great place to quickly check in…
Mortgage rates have fallen nearly 2% from last year’s peak. Much of that decrease can be viewed as the normal phenomenon of longer term rates…
The new week began on a relatively quiet note in terms of mortgage rate movement and the underlying bond market. There was modest volatility earlier…
We’ve talked a lot about why the Fed rate cut will have no additional positive impact on mortgage rates next week. Everything the market can…
While it’s true that there have only been 8 business days so far this month, it’s also true that today is the only one of…
Mortgage rates moved lower again today despite a key inflation report coming in higher than expected. This is counterintuitive for anyone who’s been following rate…
Mortgage rates are based on trading in the bond market and bonds consistently take cues from economic data. Among the data, some reports are vastly…
The average lender’s top tier 30yr fixed rate fell to the lowest level since April 2023 last week. That’s down more than 1.25% over the…
Mortgage rates have a long and storied history of making big moves on the day that the big monthly jobs report comes out. In that…