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Mortgage Rates Are Officially Back to 5%

Mortgage rates moved back over the 5% threshold, on average, for the first time since early 2011 today following mixed data on the jobs market.  Why…

Mortgage Rates Surge Well Into New 7-Year Highs

Mortgage rates skyrocketed today, in relative terms.  It was the single worst day in nearly 2 years, and among only a few days where effective rates moved…

Mortgage Rates Bounce Back Toward Recent Highs

After hitting the lowest levels in exactly 2 weeks on Friday, mortgage rates bounced back up toward their recent highs today.  This risk was already taking shape…

Mortgage Rates End Week Near Best Levels

Mortgage rates caught a break to end a week that was otherwise spent moving higher.  Although we did see a bit of improvement in underlying bond markets…

Mortgage Rates Edge Higher, Then Lower

Mortgage rates began the day slightly higher.  In fact, for several lenders, it was the biggest day-over-day move higher in more than 2 weeks.  The key…

Mortgage Rates Extend Impressively Flat Trend

Mortgage rates have been more or less unchanged since August 10th.  That’s an impressively boring streak even by summertime standards.  Why does summertime matter?  Simply put,…

Mortgage Rates Extend Steady Streak

Mortgage rates haven’t really moved for 9 straight business days.  Some lenders have seen microscopic improvements during that time, but the average lender is still quoting…

Mortgage Rates Little-Changed Ahead of Fed Minutes

Mortgage rates were generally unchanged again today although several lenders were in just slightly better territory.  That makes this the 8th straight business day with almost…