This week, the Fed announced a reduction in its bond buying. In separate news, the big jobs report was much stronger than expected. Both of…
Home Refinancing is Easy
Mortgage rates fell today as markets decompressed following yesterday’s announcement from the Federal Reserve regarding the reduction of its bond buying efforts (aka “tapering”). Despite the…
Mortgage rates moved higher today after the Federal Reserve announced a reduction in its rate-friendly bond buying program. Actually, to be fair, rates moved higher before the…
Mortgage rates began the day moderately lower compared to yesterday’s latest levels. The size of the move depends on the time of day in question…
Mortgage rates moved moderately lower today despite an absence of significant movement in the bond market. In general, when bonds improve, rates fall (and vice…
For anyone following interest rates very closely in 2013, the taper tantrum is not easily forgotten. It describes the bond market’s knee-jerk response to the…
Mortgage rates finally ended this week’s winning streak today. In light of the general upward trend in rates over the past month, bond yields (which tend…
Mortgage rates are in recovery mode so far this week. Today brought the best improvements so far with the average lender’s rates falling back to the…
Mortgage rates hit 6 month highs by the end of last week, but they’ve been cautiously recovering since then. The rebound traces a similar pattern in…
Mortgage rates began the day right in line with Friday afternoon’s latest levels. Lenders likely would have been able to offer lower rates if the…