If it feels like we’ve been harping on the prospects for rate volatility in response to today’s inflation data for several weeks (and we have),…
Home Refinancing is Easy
We’ve been waiting for tomorrow since April 10th. That’s the last time the Consumer Price Index (CPI) was released. This is one of the two…
Last Thursday, mortgage rates merely had to hold steady in order to hit 1-month lows. In other words, Wednesday’s rates were low enough to earn…
In general, you should be skeptical any time someone says a future week will be more volatile. There’s really no way to know such things…
The most prevalently quoted conventional 30yr fixed rates are at the lowest levels in a month as of today, but there are a few “yeah…
Yesterday, we took a look at the recent winning streak for mortgage rates. Specifically, they had moved lower for 5 straight days–a feat only achieved…
There have been 3 winning streaks for mortgage rates in 2024 where the average rate has moved lower for at least 5 days and where…
Mortgage rates did well last week, making it almost halfway back to the lower levels seen on April 9th. Why focus on April 9th? That…
It was an action-packed week for the housing and mortgage market. Wednesday’s Fed announcement was the highlight, but we also got several economic reports that…
The bond market–which dictates interest rates–had a generally favorable response to yesterday’s update from the Federal Reserve. While the Fed didn’t cut rates, and while…