The FOMC (Federal Reserve’s Open Market Committee) is what most people are referring to when they say “the Fed.” This is the group that meets…
Home Refinancing is Easy
Mortgage rates began the day in slightly higher territory, but recovered after lenders offered mid-day price improvements. These sorts of mid-day changes are not uncommon…
In and of itself, today wasn’t too bad for mortgage rates. Things got a bit worse, but the change from yesterday was average or slightly…
Whatever is bad for the economy is typically good for interest rates. That’s the grim irony for the mortgage market and it’s the reason you…
Today’s big to-do was the release of August’s Consumer Price Index (CPI), a critical inflation report with the power to significantly influence rate momentum. In…
Mortgage rates started the week slightly higher for the average lender, but still below last week’s highs. Most of what was lost yesterday was gained…
While it’s impossible to predict the future when it comes to financial markets, it’s usually possible to identify the events that have higher potential to…
If you’re at all tuned in to economic and financial news, you’ve probably heard the the phrase “data dependent” more than a few times recently. …
Mortgage rates are noticeably higher to start the new week for most lenders although some lenders increased their costs nearly as much on Friday. Between…
Today’s mortgage rates remain at levels that are much higher than most of the past few decades, but refreshingly lower than most of the past…