It was yet another tough week for the mortgage market with rates rising to their highest levels since 2009, but how high have they actually…
Home Refinancing is Easy
Good news continues to be in short supply for mortgage rates. In fact, even the good news has ended up being bad on many recent…
Today brought the much-anticipated policy announcement from the Federal Reserve. Many people mistakenly believe that the Fed’s present day decisions to hike/cut its policy rate…
Mortgage rates hit their highest levels since 2009 yesterday amid the fastest spike since the early 1980s. Today’s rates were very similar on average, but…
The hits keep coming for mortgage rates in 2022. Not since the early 80s have rates risen as quickly as they have in the past…
The first few months of 2022 have seen rates rise at the fastest pace since the 1980s as a confluence of known issues collided with…
Last Friday, mortgage rates hit their highest levels since 2009 with the average lender quoting conventional 30yr fixed rates of 5.5%. Things weren’t much better…
Mortgage rates are most directly affected by trading levels in the bond market–specifically those of mortgage-backed securities or MBS. It was a somewhat volatile and…
Thursday and Friday weren’t great days for the mortgage market last week. Rates jumped sharply on Thursday and then drifted just a bit higher on…
It’s hard to avoid bad news about rising mortgage rates in 2022, but you can’t believe everything you read. It is true that mortgage rates…