Sure, we could write a headline that attempts to distill the concept of a big picture struggle between the forces exerting upward pressure on rates…
Home Refinancing is Easy
Mortgage rates were fairly flat heading into today’s important Fed announcement. Despite arguably receiving bad news, they didn’t move too much higher by the end of…
Traditionally, financial markets have been interested in announcements from the Federal Reserve due to the Fed’s policy rate (the Fed Funds Rate) and the line…
Mortgage rates have been fairly flat in the bigger picture, but each passing day continues to bring small scale movements. This is almost always the…
Financial market volatility increased noticeably after the emergence of the omicron variant. Last week, that proved to be good for rates and bad for stocks.…
Mortgage rates stabilized yesterday after moving higher on the first 2 days of the week. They managed to improve modestly today despite some volatility surrounding a…
Mortgage rates stabilized today after spending the past 2 days moving modestly higher. In general, rates moved almost exclusively lower last week in response to concerns…
Mortgage rates moved higher again today thus keeping them well within the sideways range that’s been in place for the past 2 months. Omicron-related news continues…
Mortgage rates have been in a very narrow, sideways range since October. During that time, the average 30yr fixed rate hasn’t moved by more than…
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…