Mortgage rates moved higher yesterday after a poorly-received 30yr bond auction (read more…). The bond market began to heal in the overnight trading session. By the…
Home Refinancing is Easy
Mortgage rates are coming off a solid performance last week after having moved to the lowest levels in 5 months by Thursday afternoon. This week is shaping up…
Even though rates rebounded to slightly higher levels on Friday, the week generally brought pleasant surprises as the mortgage market returned to levels not seen…
With yesterday’s mortgage rates already near longer-term lows, all it took was a modest improvement for today’s rates to officially hit their best levels since February. The…
Mortgage rates have fallen fairly consistently over the past 2.5 weeks with the past 2 days seeing some of the better improvements. There haven’t been…
A heat wave on the west coast got national attention this week. Despite temps close to 120°, Tuesday’s home price data was even hotter with…
Mortgage rates have had several good weeks now after being dealt a blow by the Fed announcement on June 16th. Said “blow” is relative, to say…
Mortgage rates fell again today–now officially below the lowest levels in the past 2 weeks. In order to accomplish that, rates had to fully erase the…
Mortgage rates are primarily a function of trading levels in the bond market and bonds have enjoyed (or suffered) an interesting mix of volatility and…
Last week’s announcement from the Federal Reserve was the last major shake-up for mortgage rates, sending them quickly higher on Wednesday afternoon. Since then, things…