Today saw the average conventional 30yr fixed rate rise ever so slightly for top tier scenarios. Most lenders are still quoting those scenarios just under…
Home Refinancing is Easy
You’d have to go back to March 28th to see the average mortgage lender offering a lower rate on a top tier, conventional 30yr fixed…
It was an incredibly high consequence day for the bond market and, thus, mortgage rates due to the confluence of two extremely important events. The…
Today’s mortgage rates were fairly close to yesterday’s at the average lender for the 3rd business day in a row. Friday was the last day…
There’s been a noticeable uptick in mortgage rate volatility over the past two weeks with a quick spike at the end of May, a nice…
There’s a strong case to be made for the fact that interest rates had a sunny predisposition this week. In practical terms, that simply meant…
The outcome of certain economic reports will determine whether the next big move in interest rates is higher or lower. Two reports are more important…
The phrase “data dependent” is ingrained in the current bond market psychology for good reason. Weaker trends in economic data will reliably cause the Fed…
For most lenders, you’d still see modestly lower rates on several days in mid May, but apart from that, you’d need to go all the…
Mortgage rates had a rough go of it in the 4 days following Memorial Day weekend (i.e. last week). To be fair, the tough part…