Mortgage rates are driven by movement in the bond market. Bonds can move for several reasons at any given moment, but a key consideration these…
Home Refinancing is Easy
Mortgage rates were at the best levels in 2 weeks as of last Friday and today’s offerings are only modestly higher. One counterpoint is that…
The average lender was offering slightly higher rates this morning when compared to yesterdays latest levels, but things began to change after 10am ET. That’s…
In the bigger picture, mortgage rates would still be best described as “trending gently higher,” but in the shorter term, today was a victory. The…
Despite the release of economic data that sounds like it should matter to markets (mainly “GDP”), the bonds that drive interest rates had a remarkably…
One of the downsides of rates being very close to the highest levels in months is that it doesn’t take much of nudge to hit…
Mortgage rates moved moderately higher to begin the new week, but they remained just under the highest recent levels seen last Thursday. Many lenders were…
One of the upsides of these weeks with boring, sideways movement in the rate market is that it doesn’t take much of an improvement to…
Mortgage rates continue making nearly microscopic movements in day-over-day terms, but they continue adding up. Today’s increase over yesterday was negligible, but yesterday matched the…
In the short term, mortgage rates haven’t experienced any extreme movement since earlier in the month, but a slow trickle of weakness is starting to…