It had to happen at some point. After spending 4 straight days of setting new 11-month lows, mortgage rates finally moved higher today, but the…
Home Refinancing is Easy
To their credit, most mortgage lenders did an admirable job of aggressively pricing-in the bond market rally after last Friday’s jobs report. Many mortgage market…
It’s a well-known fact that the monthly jobs report is more capable of causing big reactions in rates than any other economic data. It happened…
The jobs report is the most important scheduled event each month as far as interest rates are concerned. The last installment helped get the average…
October 3rd is a date that has come up many times in the past month of mortgage rate coverage. That’s because there’s been a veritable…
Mortgage rates are based on bonds and bonds can do funny things on the first and last trading days of any given month. One of…
It was a very slow and steady week for mortgage rates. On all 5 days, the average top tier 30yr fixed rate moved by 0.02%…
There is no singular, official primary source for mortgage rate levels. The going rate is whatever can be locked/closed at any given lender. As such,…
It continues to be the case that day-to-day changes in average mortgage rates are very small. Today was no exception in that regard. Nonetheless, today…
Mortgage rates tend to move at least a little every day although they haven’t been moving too much in the bigger picture recently. The only…