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...
Thu, May 23 2019, 5:28 PM
Mortgage rates dropped quickly today as global financial markets underwent a volatile shift. When money is flowing out of stocks and into bonds (as it...
Wed, May 22 2019, 4:53 PM
Mortgage rates moved higher at a pace that was probably quicker than the average homebuyer would like yesterday . That was part of a 4 day move leadin...
Tue, May 21 2019, 4:50 PM
Mortgage rates had a fairly decent day yesterday as far as most lenders are concerned. A few lenders saw fit to bump rates up in the afternoon followi...
Mon, May 20 2019, 5:18 PM
Mortgage rates moved microscopically higher today, depending on the lender. In terms of underlying movement in the bond market, however, rates should ...
Fri, May 17 2019, 3:35 PM
Wednesday was the best day this week for Mortgage rates with the average lender at the lowest levels in more than a month and very close to the lowest...
Thu, May 16 2019, 4:37 PM
Mortgage rates hit the lowest levels in more than a month yesterday and came very close to the lowest levels in more than a year. Things changed today...
Wed, May 15 2019, 4:48 PM
Mortgage rates have had a few first world problems to complain about recently. Well, there's really only been one: a relative inability to keep pace w...
Tue, May 14 2019, 4:22 PM
It's been a while since the bond market (which dictates rates) has been able to digest what we would consider to be a "top tier" economic report. Why ...
Mon, May 13 2019, 4:37 PM
Mortgage rates moved moderately lower to start the new week as trade tensions remained in focus. In general, the worse the US/China trade relationship...
Fri, May 10 2019, 5:12 PM
Mortgage rates moved up on Friday, ultimately making it to the highest levels of the week for the average lender. Underlying bond markets came under p...
Thu, May 9 2019, 4:07 PM
Mortgage rates were just slightly lower on average today with some lenders flat and others distinctly lower. The discrepancy is due to the timing of y...
Wed, May 8 2019, 4:42 PM
Mortgage rates began the day in decent shape after more trade war drama courtesy of a Reuters story overnight. In general, trade war drama pushes stoc...
Tue, May 7 2019, 5:53 PM
Mortgage rates didn't move much today, if at all. This is confounding to all those who have watched rates against the backdrop of 10yr Treasury yields...
Mon, May 6 2019, 4:17 PM
Mortgage rates dropped noticeably this morning as financial markets opened sharply changed from Friday's latest levels thanks to Trump trade tweets ov...
Fri, May 3 2019, 5:02 PM
Mortgage rates were flat today, which is a victory considering the big jobs report was stronger than expected. Typically, labor market strength--espec...
Thu, May 2 2019, 5:04 PM
Mortgage rates didn't move much today, but the average lender is quoting microscopically higher rates, if anything. Week-over-week, it wouldn't be unf...
Wed, May 1 2019, 4:37 PM
Mortgage rates finally moved in a direction that wasn't "up" today. That said, it's debatable whether the direction would be best described as "lower"...
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