The Federal Reserve (aka “The Fed”) has a parrot problem, and it’s on a crash course with economic reality… maybe. The Fed sets policies that…
Home Refinancing is Easy
The most basic way to think about interest rate movement is to assume that a strong economy pushes rates higher and vice versa. There are…
There are Fed Announcements, which involve rate hikes/cuts, press conferences, and updated rate forecasts after a 2 day meeting among Fed members. And then there…
The bond market (which determines mortgage rates) has officially endured the frustratingly unique holiday trading environment that often creates undue volatility in the 2nd half…
So long 2022! Don’t let the door hit you. You were the worst year for mortgage rates that most of us have seen in our…
Mortgage rates began the day very close to yesterday’s latest levels. The average lender was just a hair higher. As the day progressed, US bonds…
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. …
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…