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Mortgage Rates End Bad Month on Good Note

Mortgage Rates Move Slightly Higher Ahead of GDP

Mortgage Rates Finally Feeling the Love

Best Day of the Month for Mortgage Rates

Mortgage Rates Mostly Flat Ahead of Yellen Testimony

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Mortgage Rates End Bad Month on Good Note

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by Matthew Graham on February 27 2015, 5:09 PM

Mortgage rates managed to scrape together modest gains for today's month-end session. In terms of the financial markets that dictate mortgage rates, the last day of the month can be a volatile day that shuns the normal cause and effect relationships between...
Mortgage Rates Move Slightly Higher Ahead of GDP

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by Matthew Graham on February 26 2015, 6:04 PM

Mortgage rates were slightly higher today, undoing the modest gains seen yesterday, but leaving the more significant drop from Tuesday intact. 3.75% remains the most prevalently-quoted conforming 30yr fixed rate for top tier scenarios, though a few lenders...
Mortgage Rates Finally Feeling the Love

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by Matthew Graham on February 25 2015, 4:04 PM

Mortgage rates had a bad Valentines Day. It's not that anything happened on that Saturday. Indeed, lenders weren't even open. It's just that things changed significantly by the time US markets reopened on Tuesday, with rates moving higher at the fastest...
Best Day of the Month for Mortgage Rates

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by Matthew Graham on February 24 2015, 4:40 PM

Mortgage rates had their best day of the month today following Fed Chair Yellen's testimony before the Senate Banking Committee. That's part of a 2-day semi-annual update that the Fed gives to congress. In this modern electronic age, it's a wholly unnecessary...
Mortgage Rates Mostly Flat Ahead of Yellen Testimony

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by Matthew Graham on February 23 2015, 4:32 PM

Mortgage rates ended the day in almost perfectly unchanged territory versus Friday's despite trading levels improving in the secondary mortgage market. In other words, the mortgage-backed-securities that dictate lender's rate sheets suggested a modest...
Mortgage Rates End Unchanged Despite Massive Market Volatility

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by Matthew Graham on February 20 2015, 4:51 PM

Mortgage rates are ending the day in very similar territory to yesterday's latest levels but have had something of a wild ride between now and then. At issue is the ongoing drama between Greece and its Eurozone creditors. There was some risk heading into...
Mortgage Rates Vary by Lender; Small Moves on Average

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by Matthew Graham on February 19 2015, 5:10 PM

Mortgage rates didn't move much today on average, but some lenders were noticeably better or worse compared to yesterday. It's not that they were confused about which way markets were moving, simply that yesterday afternoon brought a significant amount...
Mortgage Rates Finally Catch a Break, but Not a Big One

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by Matthew Graham on February 18 2015, 5:09 PM

Mortgage rates caught a bit of break today, logging the first meaningful improvements in the entire month of February. The gains weren't much better than those seen at the end of last week, but after yesterday's absolute rout, they were a much-needed...
Worst Day for Rates in More Than a Year

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by Matthew Graham on February 17 2015, 4:02 PM

Mortgage rates got hit hard today , rising at the fastest day-over-day pace since November 8th 2013. As of today, this also makes February the worst month for rates since May 2013, and the most abrupt month-over-month reversal since January 2009. That...
Mortgage Rates Struggling Ahead of 3-Day Weekend

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by Matthew Graham on February 13 2015, 3:35 PM

Mortgage rates may have been feeling the love yesterday, but that now seems to have been a coincidental blip in the longer-term trend. Rates actually started the day in OK shape. Most lenders were the same or slightly better than yesterday, but the bond...
Mortgages Rates Finally Let the Love In

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by Matthew Graham on February 12 2015, 5:02 PM

Mortgage rates were feeling left out of the cheesy, obligatory, early February references to certain love-themed holidays. Markets hadn't shown rates any love for 8 straight business days--every day in February. That finally changed today, albeit only...
Mortgage Rates Higher for 8th Straight Day

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by Matthew Graham on February 11 2015, 5:33 PM

Mortgage rates are in the midst of a substantial losing streak . Today's outright losses weren't that bad in and of themselves, but they have the distinction of making today the 8th straight day where rates have been higher. To reiterate a point I made...
Mortgage Rates Approaching 2015 Highs

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by Matthew Graham on February 10 2015, 4:28 PM

Mortgage rates remain under significant pressure , having now moved higher almost every day in February. So far, this is the worst month for rates since Nov 2013. While that sounds pretty bad, in this case, the weakness has more to do with a reaction...
Mortgage Rates Can't Catch a Break Recently

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by Matthew Graham on February 09 2015, 5:16 PM

Mortgage rates , fresh off a rather ugly Friday last week, continued to struggle today. The morning hours were mostly OK. Some lenders were in slightly better shape and others were slightly worse. But additional weakness crept in during the late afternoon...
Everything You Read About Mortgage Rates This Week is Wrong! (Except This)

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by Matthew Graham on February 06 2015, 4:56 PM

Mortgage rates shot higher at their fastest pace in nearly a year today following this morning's employment data. This also leaves rates at their highest levels since early January--something that might come as a surprise if you happened to read anything...

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