Over the past 30 days, interest rates have risen sharply. This is true for both mortgage rates and bond market benchmarks like 10yr Treasury yields.…
Home Refinancing is Easy
Mortgage rates haven’t really been able to catch a break recently. This week is shaping up to be one of the worst since March. Since then,…
Mortgage rates began moving off longer term lows in early August and that trend has continued ever since. The September 22nd Fed Announcement (and press conference…
Mortgage rates hit their highest levels in months yesterday as bonds lost ground at a brisk pace to start the new week. Bonds–specifically mortgage-backed securities (MBS)–are…
Mortgage rates had a mixed showing last week. They started out high before improving through Thursday. Finally, they took a step back up on Friday. …
After a calm summer at historic lows, interest rate volatility has ramped up heading into the fall. What are rates worried about, and is this…
Mortgage rates fell today as a majority of lenders finally got caught up with the past few days of strength in the bond market. Lenders rely…
Closely following intraday moves for the bond market and mortgage rates means that seemingly insignificant time frames are actually important. For instance, it’s actually not too common…
Mortgage rates continued higher on Tuesday after reaching the highest levels in months by the end of last week. The bond market was closed on…
It goes by many names: The Employment Situation, Nonfarm Payrolls (NFP), or simply “the jobs report.” No matter what you call it, the Labor Department’s…