Have you heard the one about higher mortgage rates? It’s not a joke, sadly. It’s just a thing that keeps happening. The week began with…
Home Refinancing is Easy
We’ve had to use words like “effectively” or “nearly” in the past few weeks to refer to mortgage rates’ proximity to the highest levels since…
This was supposed to be the week where a key inflation report would cast a vote on the fate of interest rate momentum. The vote…
OK, it may be a bit of stretch to consider today’s jump a “surge” as it wasn’t much bigger than some of the other increases…
Mortgage rates continued to move in a fairly narrow, sideways range on Wednesday–a trend that is very much in line with expectations from last Friday. …
Mortgage rates are starting out the new week at modestly higher levels compared to last Friday afternoon. The average change is very small. Many borrowers…
In discussing mortgage rates near 23-year highs yesterday, we asked if there was any hope for relief and concluded that the only question was one…
Interest rates of all types have been under immense pressure since the beginning of 2022. This resulted in the the highest mortgage rates in more…
For all intents and purposes, the average 30yr fixed rate at the average lender is as high as it’s been since November 2022. The number…
As the new week begins, mortgage rates are almost perfectly in line with those seen on Friday afternoon. Putting that in context, last Thursday and…