Several developments are converging on the global economy and financial markets at the moment. Each brings its own causes for concern. Together, they bring a…
Home Refinancing is Easy
Mortgage rates started weaker and ended stronger yesterday. Unfortunately, today delivered exactly the opposite scenario. The underlying bond market (the most important factor in determining mortgage…
Mortgage rates were much lower at the start of business yesterday, but began rising in the afternoon as the bond market lost ground. That same momentum…
Mortgage rates ended the previous week with a hopeful outlook due to the omicron variant. In general, rates benefit from news and events that cause…
Just when it looked like the current week would fizzle out on a negative note for rates, our least favorite market mover is back in…
Mortgage rates continued higher today as the bond market remained in a defensive stance for a variety of reasons. The week’s scheduled Treasury auctions were among…
Mortgage rates began the new week on a bad note with the average lender full erasing the improvement seen on Friday. This leaves many lenders…
Winter is coming, both literally and figuratively. While the fallout remains to be seen, financial markets are already reacting. In the literal sense, colder ambient…
Mortgage rates were modestly lower today as the bond market continued pushing back against somewhat abrupt weakness. The average media coverage says something completely different though! …
After hitting the lowest levels in over a month last Tuesday, mortgage rates have been moving higher fairly quickly each day since then. Most of…