Despite an active calendar of events that had the potential to cause volatility, average mortgage rates managed to remain unchanged in the morning and to…
Home Refinancing is Easy
We occasionally reference 5 day winning streaks for mortgage rates as the sort of uncommon occurrence that greatly increases the odds of at least a…
Yesterday was all about the CONSUMER Price Index (CPI), which helped mortgage rates drop at the 2nd fastest pace of the year. Today brough the…
Rates were prepared to make a big move in one direction or the other heading into today’s high stakes inflation data. Fortunately, the Consumer Price…
Mortgage rates have been in a narrow range for more than a month now with the average top tier 30yr fixed rate staying within striking…
Mortgage rates are based on movement in the bond market and bonds haven’t been moving much over the past 3 days. That’s resulted in very…
Apart from July 1st, mortgage rates have fallen every day so far this month. The counterpoint is that only adds up to 4 business days…
The average top tier 30yr fixed rate may not be back under 7% just yet, but as of Friday, it is back below the levels…
“Data dependent” is one of the most common phrases heard from the Federal Reserve these days when it comes to rate-setting policy. And while the…
As is often the case with internet headlines these days, the headline overstates the reality on the ground–or at least over-dramatizes it. Considering the last…