The Fed hiked its policy rate yesterday and now today, mortgage rates jumped quite a bit higher. While there are already headlines drawing a connection…
Home Refinancing is Easy
As we discussed yesterday, it was entirely possible that today would bring a rate hike from the Fed that coincided with mortgage rates moving LOWER. …
Mortgage rates moved moderately higher for the average lender at some point over the past 2 days. Some lenders bumped rates yesterday afternoon and thus…
After rising somewhat sharply yesterday, mortgage rates managed to find their footing on Friday’s market session. Bonds typically face more volatility risk when they have…
Some of today’s news says mortgage rates are much lower than last week. And here I am telling you they’re higher. Who should you believe?…
Mortgage rates may have spiked to the highest levels in roughly 8 months two weeks ago, but they fully recovered as of last Thursday. Since…
Mortgage rates jumped a bit higher last Friday after dropping triumphantly during the first four days of the week. That bounce may have cast some…
Mortgage rates spiked abruptly last week after several economic reports showed the economy doing better than expected. Now this week, key inflation data showed prices…
Farther vs further… One is for distance and the other means “additional/additionally.” The dictionary may disagree, but only because too many of you misused “further”…
Mortgage rates had been moving higher fairly rapidly over the past 2 weeks with the average lender easily into the 7% range for a top…