Mortgage rates managed to hold mostly steady on Wednesday despite several headwinds that threatened to push them higher. The first headwind falls into the very broad…
Home Refinancing is Easy
Mortgage rates managed to begin the week by holding relatively steady, but that changed rather noticeably today. The bond market (which dictates day to day rate…
Mortgage rates are unchanged to a hair lower compared to last Friday, depending on the lender. While that’s welcome news given some of the big…
The conforming loan limit is set by the Federal Housing Finance Agency (FHFA). Mortgages under that amount generally have the lowest effective rates, and in…
After spending the past four business days moving rapidly higher, mortgage rates finally caught a break today, but it was small. In fact, the average prospective borrower…
The headline requires a bit of context. The target audience would be those of us who keep tabs on every little move in mortgage rates. If…
Mortgage rates continued somewhat higher on Monday as bond markets lost ground over the weekend, adding to the heavier losses seen on Thursday and Friday…
As recently as Thursday, news outlets were reporting mortgage rates had only risen modestly this week with 30yr fixed rates still well under 3.00%. In fact,…
Mortgage rates jumped substantially higher today as global markets reacted to yesterday’s Fed announcement. But that’s really just scratching the surface. The Fed is a convenient…
Mortgage rates were surprisingly steady today as the bond market reacted to a new policy announcement from the Fed. Perhaps “reacted” is the wrong word considering…