The events of this past week serve as an exclamation point in one of the many sentences that tells the story of the big shift…
Home Refinancing is Easy
It’s official! At this point, you’d need to go all the way back to the end of December 2023 to see a lower average rate…
The Fed didn’t cut rates today and rates then moved quickly lower. Naturally, there’s more to the story than that, but the paradox is a…
Mortgage rates began the day with the average lender quoting just slightly higher rates compared to yesterday’s latest levels. By the end of the day,…
Although the range has been very narrow for the past few weeks, average mortgage rates nonetheless fell to the lowest levels in more than 6…
This week’s most important economic data was the PCE price index which is the gold standard of big picture inflation measurement. For those hoping to…
Mortgage rates continue moving in very small steps from day to day–something that’s been the case since the Consumer Price Index (CPI) more than 2…
Mortgage rates technically moved up to the highest levels in 2 weeks today, but that sounds a bit more dramatic than it actually is. Rates…
Spats of volatility in the mortgage rate world seem to last only a matter of hours recently and to occur only a few times on…
Mortgage rates rose at a moderately quick pace on Friday, partially in response bond market weakness on Thursday afternoon that happened too late in the…