The average top tier 30yr fixed rate held exceptionally steady last week after moving just a bit lower over the weekend. By comparison, today’s rates…
Home Refinancing is Easy
Mortgage rates finally moved in a slightly more noticeable direction today, but the change was still inconsequential in the bigger picture. The average 30yr fixed…
Mortgage rates have barely budged after Monday with the day-over-day change failing to exceed 0.02% on any given day. But today’s budging happened to bring…
Although there were flashes of potential volatility in the underlying bond market at times today, mortgage rates made it through unscathed. In other words, the…
Yesterday saw the average 30yr fixed rate fall back in line with levels from early October, 2024. This happened for two reasons. The broader, underlying…
Mortgage rates are driven by movement in the bond market and bonds take cues from economic data, among other things. The monthly jobs report is…
Every month, we offer the same old warning/reminder ahead of the big jobs report–something to the effect of “no other economic report has as much…
Mortgage rates went to bed last night knowing that the bond market would need to improve in the morning in order for prevailing levels to…
After three straight days at exactly the same level, average 30yr fixed rates began to move lower again on Tuesday. It should immediately be clarified…
If any given week of movement in the mortgage rate world came with disclaimer, this one would be: “Warning. An absence of volatility on Monday…