Mortgage rates fell again today–now officially below the lowest levels in the past 2 weeks. In order to accomplish that, rates had to fully erase the…
Home Refinancing is Easy
Mortgage rates are primarily a function of trading levels in the bond market and bonds have enjoyed (or suffered) an interesting mix of volatility and…
Last week’s announcement from the Federal Reserve was the last major shake-up for mortgage rates, sending them quickly higher on Wednesday afternoon. Since then, things…
10yr yields may have hit their lowest levels in months in the wee hours of the morning and people may always perceive a bit too…
The Fed released a new scheduled policy announcement this week as well as updated economic projections. Relative chaos ensued. Let’s talk about why and what…
It’s Thursday on a volatile week for the bond market and thus time, once again, to play our favorite game: “no, rates didn’t really do…
Mortgage rates were already drifting higher in the first half of the week, but that was nothing compared to today. This afternoon’s Fed Announcement was certainly…
Mortgage rates had a great week last week, ultimately getting very close to the lowest levels since March. One of the main sources of motivation…
No, this isn’t one of those click-bait headlines that promise to share “one weird trick” or proclaim “you’ll never believe what happened next.” Well, actually,…
Inflation is one of the mortal enemies of interest rates. If dollars in the future buy less stuff than they do today, investors need to…