Mortgage rates are based on trading in the bond market and it’s a frustrating time of year for those seeking a rational relationship with bonds. …
Home Refinancing is Easy
The last two weeks of December are unlike almost any time of year in terms of market movement and what we should read into it,…
The headline could be read two ways. To be clear, the “recent rise” refers to Monday and Tuesday of this week. Before that, mortgage rates…
What a difference a few days have made for mortgage rates, and in this case, not a good difference. The average lender was offering the…
As much as it may seem that financial markets are driven by machines and code, human beings are still critical to day to day functioning. …
It was a critical week for financial markets and especially for rates as investors digested the latest inflation data and the Fed’s smaller rate hike. …
Mortgage rates are based primarily on the bond market (specifically, mortgage-backed securities or MBS). When MBS improve, lenders are creating loans that are worth more…
It’s often said here, but bears repeating: by the time the Fed officially announces a rate hike, that rate hike is old news and of…
There aren’t many scheduled economic reports that are as hotly anticipated as was today’s Consumer Price Index (CPI). The market’s reaction more than validated the…
The week began in fairly uneventful fashion for mortgage rates, at least in the bigger picture. In the smaller picture, there was a modicum of…