Tue, Aug 6 2019, 6:03 PM
Mortgage rates hit their lowest levels since November 2016 late last week and they've proceeded to set a new long-term low each day since then. Today ...
Mon, Aug 5 2019, 3:58 PM
Mortgage rates were already in great shape on Friday after having fallen to the lowest levels since November 2016. Rather than draw inspiration from t...
Fri, Aug 2 2019, 7:02 PM
Mortgage rates fell again on Friday as lenders finally saw recent bond market gains stabilize enough to act on. In other words, lenders don't always k...
Thu, Aug 1 2019, 3:06 PM
Mortgage rates fell today, but by how much depends on the lender! This runs contrary to the average news story which contains some reference to rates ...
Wed, Jul 31 2019, 6:27 PM
Mortgage rates were mostly unchanged today, which will come as a surprise to scores of consumers who mistakenly believe the Fed's 0.25% rate cut equat...
Tue, Jul 30 2019, 4:48 PM
Mortgage rates haven't moved much this week, or last week, or the week before that. In fact, for the average prospective borrower, there haven't been ...
Mon, Jul 29 2019, 4:21 PM
Mortgage rates moved back down , albeit just slightly, into last week's range. They'd risen for 2 straight days by Friday, and today's improvement lea...
Fri, Jul 26 2019, 3:54 PM
Mortgage rates edged just slightly higher today for the average lender, marking the 2nd day of weakness this week. In terms of the underlying bond mar...
Thu, Jul 25 2019, 3:26 PM
Mortgage rates were moderately higher today marking the first detectable shift of the week. Many of the market participants who trade the bonds respon...
Wed, Jul 24 2019, 3:13 PM
Mortgage rates barely budged today, with the average lender offering almost the exact same terms as yesterday. That took some doing in the form of str...
Tue, Jul 23 2019, 4:09 PM
Mortgage rates side-stepped today, bringing an end to a gentle but consistent move lower over the past 5 business days. During that time the average c...
Mon, Jul 22 2019, 3:30 PM
Mortgage rates were lower again today. The improvement was fairly decent given the amount of movement seen in the bond market. The reason for that has...
Fri, Jul 19 2019, 8:04 PM
Mortgage rates Moved just slightly lower today, despite some push back from underlying bond markets. Typically, weakness in the bond market (like the ...
Thu, Jul 18 2019, 5:37 PM
Economic data and mortgage rate movement go hand in hand. A stronger economy puts upward pressure on rates. A contracting economy helps rates move low...
Wed, Jul 17 2019, 5:27 PM
Mortgage rates improved today, depending on the lender and the time of day! Underlying bond markets were only modestly stronger in the morning. As suc...
Tue, Jul 16 2019, 4:34 PM
Mortgage rates were flat to slightly higher today, following a stronger-than-expected Retail Sales report. The bond market (which dictates mortgage ra...
Mon, Jul 15 2019, 4:18 PM
Mortgage rates were mostly flat to begin the new week, even though underlying bond markets were in stronger territory. Bonds, more than anything else,...
Fri, Jul 12 2019, 5:56 PM
Mortgage rates moved decisively higher this week as the underlying bond market finally began shifting gears. After the Fed meeting in June, rates move...
Wed, Jul 10 2019, 2:31 PM
Mortgage rates were mixed today following the much-anticipated congressional testimony by Fed Chair Jerome Powell. Although these testimonies are regu...
Tue, Jul 9 2019, 3:07 PM
Mortgage rates rose today, largely in response to weakness in the bond market seen yesterday afternoon (and confirmed this morning). Mortgage rates fo...
Mon, Jul 8 2019, 5:28 PM
Mortgage rates began the day in slightly lower territory compared to last Friday afternoon, but they'd risen noticeably from Wednesday to Friday. The ...
Fri, Jul 5 2019, 5:11 PM
Mortgage rates moved higher today following higher-than-expected job creation in a report from the Labor Department. The Employment Situation (aka "th...
Wed, Jul 3 2019, 2:19 PM
Mortgage rates fell at a moderate pace today. As expected, the lenders who hadn't gotten around to improving during yesterday's bond market rally (str...
Tue, Jul 2 2019, 3:33 PM
Mortgage rates moved down today by varying amounts depending on the lender. In some cases, lenders weren't offering much of an improvement over yester...
Mon, Jul 1 2019, 5:30 PM
Mortgage rates were slightly higher to start the new week, which is a pretty good outcome considering the underlying events. On Friday, we anticipated...
Fri, Jun 28 2019, 12:59 PM
Mortgage rates enjoyed a pleasantly flat week despite some volatility in the underlying bond market. The day-to-day changes in Treasuries and Mortgage...
Thu, Jun 27 2019, 4:19 PM
Mortgage rates rose to the week's highest levels yesterday, but they moved back down today . Although there have been slightly better days over the pa...
Wed, Jun 26 2019, 4:46 PM
Mortgage rates hadn't moved much since last Friday--a good thing considering those levels were in line with the lowest levels in a long time. The grou...
Tue, Jun 25 2019, 5:11 PM
Mortgage rates were little-changed again today, despite moderate improvement in the broader bond market. Although it's MBS (the mortgage-backed securi...
Mon, Jun 24 2019, 3:39 PM
Mortgage rates were generally flat today, depending on the lender. Some were noticeably better while others were a hair worse. In both cases, rates ar...
Fri, Jun 21 2019, 6:46 PM
Mortgage rates have had an impressive run --the best since 2011, in fact, when it comes to total peak to trough movement. That winning streak might no...
Thu, Jun 20 2019, 6:05 PM
Mortgage rates plunged today as the bond market extended its positive reaction to yesterday's Fed announcement. The Fed doesn't set mortgage rates, bu...
Wed, Jun 19 2019, 6:48 PM
Mortgage rates reacted favorably to today's Federal Reserve announcement and press conference--today's key events. But that doesn't mean every lender ...
Tue, Jun 18 2019, 2:38 PM
Mortgage rates have generally been moving sideways for the past 2 weeks. This has accomplished a twofold goal of coming to terms with the strong gains...
Mon, Jun 17 2019, 5:49 PM
Mortgage rates were only modestly higher today. Most lenders were still quoting the same rates compared to Friday with the only difference being sligh...
Fri, Jun 14 2019, 6:07 PM
While we can't say that this week's best mortgage rate offerings were quite as good as last week's best, they were pretty darn close. In fact, quite a...
Thu, Jun 13 2019, 4:30 PM
Mortgage rates moved lower for the 2nd straight day, which brings them back in line with Monday's levels. While these aren't quite the lowest rates of...
Wed, Jun 12 2019, 3:56 PM
Mortgage rates moved higher over the past 2 days, but managed to find their footing today. I'll be the last person to claim interest rates and stock p...
Tue, Jun 11 2019, 2:59 PM
Mortgage rates moved higher again today, even though underlying bond markets were relatively flat. This is due to the timing of market movement over t...
Mon, Jun 10 2019, 4:39 PM
Mortgage rates had a fairly epic week last week, spending each day effectively pinned to the lowest levels since September 2017. That followed a swift...
Fri, Jun 7 2019, 3:26 PM
Mortgage rates moved decisively lower today following a much weaker-than-expected reading on new job creation in a key report from the Department of L...
Thu, Jun 6 2019, 5:19 PM
Mortgage rates didn't move much today. That's been the theme for most lenders every day this week. Rarely has an absence of change been so awesome! Th...
Wed, Jun 5 2019, 4:37 PM
Mortgage rates began the day very little changed versus yesterday's latest offerings. That meant another morning of access to the lowest rates since l...
Tue, Jun 4 2019, 5:49 PM
Mortgage rates hit their best levels since late 2017 yesterday and have generally been making stellar moves for the past 2 weeks. To be fair, it's bee...
Mon, Jun 3 2019, 5:30 PM
Mortgage rates dropped quickly again today, easily hitting the lowest levels since late 2017 for the average lender. The move comes in response to a s...
Fri, May 31 2019, 4:16 PM
Mortgage rates were decisively lower today, following a massive market movement on news of new tariffs to be imposed on Mexico. In general, trade wars...
Thu, May 30 2019, 4:00 PM
Mortgage rates were mixed today, with some lenders holding steady while others offered mid-day improvements in response to strong performance in the b...
Wed, May 29 2019, 4:44 PM
Mortgage rates fell again today, just barely inching to the lowest levels since early 2018 . Keep in mind, that factoid is based on an average of mult...
Tue, May 28 2019, 5:20 PM
The world of mortgage rate analysis is both simple and complicated . On a simple note, rates are near long-term lows and they'll generally continue to...
Fri, May 24 2019, 2:52 PM
Mortgage rates fell again today as mortgage lenders got caught up with yesterday's market movements. Mortgage rates are based on bond market trading l...
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