Tue, Feb 11 2020, 3:51 PM
Mortgage rates were very slightly higher today after being modestly lower over the weekend, but in general, remain very close to the lowest levels in ...
Fri, Feb 7 2020, 3:56 PM
Mortgage rates completely defied the odds. They even defied convention. Specifically, they managed to move appreciably lower even though today's big j...
Thu, Feb 6 2020, 4:00 PM
Mortgage rates managed to hold steady , for the most part, today. Some lenders were offering slightly better or worse terms compared to yesterday, but...
Wed, Feb 5 2020, 5:28 PM
Mortgage rates moved higher again today as investors reacted to updates about the coronavirus outbreak. This has been the dominant motivation for the ...
Tue, Feb 4 2020, 6:03 PM
Mortgage rates have been on a tear recently. The average lender has either held rates steady or improved them every single day since January 16th. Som...
Mon, Feb 3 2020, 5:39 PM
In the world of interest rates, it's good to be a mortgage today . The dominant species on that world is US Treasuries: the quintessential dollar-base...
Fri, Jan 31 2020, 5:38 PM
Mortgage rates inched even lower today as the market resumed efforts to react to and account for risks surrounding the coronavirus outbreak. Weaker ec...
Thu, Jan 30 2020, 3:11 PM
Mortgage rates improved again today as the market continued to react to updates on the coronavirus outbreak. For top tier scenarios, the average lende...
Wed, Jan 29 2020, 4:37 PM
Mortgage rates regained their footing today, moving back to long-term lows after pausing to move slightly higher yesterday. The definition of "long-te...
Tue, Jan 28 2020, 4:28 PM
Mortgage rates were steady to slightly higher today, leaving the average lender just a hair above the lowest rates in months, and still very close to ...
Mon, Jan 27 2020, 5:05 PM
Mortgage rates continued lower to start the week as Wuhan Virus continues to be diagnosed at an exponential rate. As we discussed last week, interest ...
Fri, Jan 24 2020, 5:25 PM
Mortgage rates moved meaningfully lower over the past 2 days as panic over the coronavirus outbreak continues affecting financial markets. If this epi...
Wed, Jan 22 2020, 4:22 PM
Mortgage rates remained in line with 3-month lows today for the average lender. Several lenders offered marginally better terms compared to yesterday,...
Tue, Jan 21 2020, 5:08 PM
Mortgage rates dropped to begin the holiday-shortened week as markets expressed a bit of panic over the coronavirus outbreak in China. This is similar...
Fri, Jan 17 2020, 6:48 PM
Mortgage rates moved slightly higher over the past two days as strong economic data and corporate earnings coaxed investors into riskier assets like s...
Wed, Jan 15 2020, 2:37 PM
Mortgage rates improved modestly today, adding to yesterday's slightly less compelling improvement. Taken together, they keep an air of calm and stead...
Mon, Jan 13 2020, 5:32 PM
Mortgage rates didn't do much today, and that's good enough news considering the average lender is closer to the lower end of the rate range since ear...
Fri, Jan 10 2020, 6:43 PM
Mortgage rates had been moving higher over the past few days. The average lender was at the highest levels of the month as of yesterday morning, but t...
Thu, Jan 9 2020, 4:38 PM
Mortgage rates moved higher more definitively today after as lenders had a chance to match their offerings to underlying bond markets. Markets themsel...
Wed, Jan 8 2020, 3:06 PM
Mortgage rates moved higher today after spending several recent days in line with the lowest levels in more than a month. Underlying bond markets have...
Tue, Jan 7 2020, 3:40 PM
Mortgage rates held steady today, keeping them in line with their lowest levels in more than a month. That's the good news. There's really not any bad...
Mon, Jan 6 2020, 3:46 PM
Mortgage rates moved lower again today, bringing them deeper into the lowest levels in more than a month. There were no specific motivations for the i...
Fri, Jan 3 2020, 3:04 PM
Mortgage rates have been on a solid run over the past few weeks--a time that tends to see the chips fall where they may in terms of market movement (e...
Thu, Dec 19 2019, 3:42 PM
Mortgage rates were somewhat higher again today--the 4th day in a row that we've been forced to observe such mildly unpleasant things. Technically, th...
Wed, Dec 18 2019, 4:10 PM
Mortgage rates moved moderately higher today, but remained well within the range that's been intact for at least a month now. During that time, the av...
Tue, Dec 17 2019, 3:53 PM
Mortgage rates didn't do much today, and that's the sort of thing that could get to be all too familiar as we head into the end of the year. With the ...
Mon, Dec 16 2019, 4:59 PM
Mortgage rates were nicely lower on Friday, though not quite as nicely as we would hope or expect. Why is that? Simply put, the bond market (which und...
Fri, Dec 13 2019, 4:34 PM
Mortgage rates were somewhat distressed , to say the least, after yesterday's various news stories pertaining to the US/China trade deal. For a variet...
Thu, Dec 12 2019, 2:58 PM
Mortgage rates jumped quickly higher today following a series of headlines/tweets regarding the probability of a US/China trade deal ahead of Sunday's...
Wed, Dec 11 2019, 4:14 PM
Mortgage rates improved today following the Federal Reserve's policy announcement and Fed Chair Powell's press conference. The Fed doesn't set mortgag...
Tue, Dec 10 2019, 4:14 PM
Mortgage rates moved up modestly today as bond markets weakened in response to trade headlines. This week's key consideration on the trade front is wh...
Mon, Dec 9 2019, 2:58 PM
Mortgage rates reacted somewhat harshly to an incredibly strong jobs report last Friday. At the time, I noted that such a jobs report would typically ...
Fri, Dec 6 2019, 1:45 PM
Mortgage rates were pushed higher for the 3rd day in a row following an incredibly strong jobs report. For decades, if you were to ask anyone with a r...
Thu, Dec 5 2019, 3:56 PM
Mortgage rates have seen a fair amount of volatility so far this week, dropping quickly on Tuesday and moving in the opposite direction since then. Be...
Wed, Dec 4 2019, 3:29 PM
Mortgage rates dropped sharply yesterday after having risen to the highest levels in 2 weeks the day before. Yesterday's culprit was trade war related...
Tue, Dec 3 2019, 4:38 PM
Mortgage rates were up to the highest levels in 2 weeks yesterday, but that was then and this is now. In the wee hours of the morning, trade-related h...
Mon, Dec 2 2019, 3:19 PM
Mortgage rates increased moderately to begin the new week/month and had been increasing in general during the previous week. The net effect is some le...
Wed, Nov 27 2019, 2:38 PM
Mortgage rates moved slightly higher today, leaving them roughly in the middle of November's narrow range. Although banks and many mortgage lenders wi...
Tue, Nov 26 2019, 4:31 PM
Mortgage rates recovered today after moving higher for the first time in nearly 2 weeks yesterday. In the bigger picture, rates have been in a back-an...
Mon, Nov 25 2019, 4:08 PM
Mortgage rates finally moved a bit higher today after avoiding such things for nearly 2 full weeks. The losses were mild today, but nonetheless take t...
Fri, Nov 22 2019, 5:34 PM
Mortgage rates ended their recent winning streak yesterday, but they have yet to try to get a losing streak started! In other words, rates bottomed ou...
Thu, Nov 21 2019, 4:18 PM
Mortgage rates spent a 2nd day with the average lender holding relatively steady . This follows a decent winning streak over the previous week and a h...
Wed, Nov 20 2019, 4:45 PM
Mortgage rates are in the midst of a winning streak of moderate size and duration. Specifically, rates have improved by at least an eighth of a percen...
Tue, Nov 19 2019, 3:29 PM
Mortgage rates had a great week last week and haven't done anything to jeopardize that so far this week. Today was the first time during these 2 weeks...
Mon, Nov 18 2019, 4:27 PM
Mortgage rates added to last week's improvement with another modest drop today. That brings the average lender to the best levels in exactly 2 weeks--...
Fri, Nov 15 2019, 6:06 PM
Mortgage rates finished the week in much better territory compared to last Friday. Today only added modestly to that move, but the simple act of movin...
Thu, Nov 14 2019, 4:24 PM
Mortgage rates moved lower again today. Whereas it was a bit easier to be dismissive about recent improvements, they're starting to add up at this poi...
Wed, Nov 13 2019, 5:44 PM
Mortgage rates have been more willing to move higher than lower recently. While that may continue to be the case in the near-term future, there have b...
Tue, Nov 12 2019, 5:00 PM
Mortgage rates had a bad October . November hasn't exactly been great either, with last Thursday being one of the worst days of the year in terms of d...
Fri, Nov 8 2019, 4:17 PM
Mortgage rates launched to their highest levels in more than 3 months yesterday for a variety of reasons. Chief among them was a series of comments fr...