It’s no great secret that the outgoing week didn’t offer much in terms of hotly anticipated events with the power to make or break momentum…
Home Refinancing is Easy
After falling for 5 straight days leading into Tuesday, mortgage rates have now moved slightly higher on each of the past two days. As was…
It’s been a pretty good run for mortgage rates since hitting their most recent highs last Tuesday. Each subsequent day saw a modest improvement. That…
Last week, we got a sneak preview of how the market would react to Fed Chair Powell ending his term early. In a nutshell, only…
Mortgage rates didn’t move much on Monday, but they moved in the right direction with the average lender 0.03% lower for a top tier 30yr…
While any rate watcher’s bingo card should always have a few squares devoted to “unchanged, flat, etc.,” this week’s had at least as many squares…
Despite all of the economic data and news headlines over the past few days, mortgage rates have barely budged since last Friday. That was not…
This morning brought another inflation report. Given the negative reaction to yesterday’s inflation data, there was some cause for concern. Thankfully, today’s data was more…
Mortgage rates are based on bonds and bonds don’t like inflation. When inflation reports are higher than the market expected, rates tend to rise, all…
Today’s movement in mortgage rates, in and of itself, is barely worth mentioning. The average lender remains close enough to Friday’s levels but is technically…