We’ve devoted lots of time and space recently to discussing the uncommon mortgage rate environment recently. The abbreviated thesis can be reduced to a few…
Home Refinancing is Easy
Mortgage rates leapt higher at a record pace today–a statement that sounds a bit scarier than it really is by the time we consider the…
Source: mortgagenewsdaily.comNew feed
Mortgage rates have been all over the map recently, both in terms of their movement and in their variation between lenders. It’s not altogether uncommon…
The Federal Reserve concluded one of its 8 regularly scheduled meetings in 2022 today. As expected, they announced a rate hike of 0.75%. But if…
Some quick housekeeping before we dig into the headline: mortgage rates are slightly higher so far this week. The increases were in place on Monday. …
The market came into the week with a big focus on the scheduled policy announcement from the European Central Bank (ECB). While our focus remains…
Thursday brought the much-anticipated policy announcement from the European Central Bank (ECB). While our focus remains on mortgage rates in an entirely different continent, major…
Mortgage rates are based primarily on the price of mortgage-backed securities (MBS), which are essentially bonds consisting of numerous similar mortgages. MBS have experienced their…
It was a week for paradoxes on several fronts, most notably when mortgage rates moved lower just after the Fed floated the idea of an…