Wed, Dec 19 2018, 4:26 PM
Mortgage rates fell today even though the Fed "raised rates." What's up with that? There are all kinds of rates. Some are fixed. Some are adjustable. ...
Tue, Dec 18 2018, 4:01 PM
Mortgage rates fell today as lenders got caught up with the friendly move in the bond market that we noted yesterday. Incidentally, today's bond marke...
Mon, Dec 17 2018, 4:55 PM
Mortgage rates were fairly flat yet again today. Unlike Friday, today's market movement made a case for a bit of a drop. "Market gains" mean different...
Fri, Dec 14 2018, 5:25 PM
Mortgage rates didn't move much today, and that's arguably a good thing. When the week began, we discussed the need for rates to cool-off after last w...
Thu, Dec 13 2018, 2:59 PM
Mortgage rates fell moderately today, helping them move part of the way back down toward their lowest levels in more than 3 months (seen back on Frida...
Wed, Dec 12 2018, 6:24 PM
Mortgage rates rose more noticeably today as a part of a 3 day bounce after hitting the lowest levels in roughly 3 months at the end of last week. Whe...
Tue, Dec 11 2018, 4:46 PM
Mortgage rates rose almost imperceptibly today, with a few lenders not showing any detectable changes from yesterday. Still, it was the first time sin...
Mon, Dec 10 2018, 4:57 PM
First things first: the average mortgage lender improved modestly today, compared to last Friday's levels. This leaves mortgage rates at their lowest ...
Fri, Dec 7 2018, 3:55 PM
Mortgage rates held on to their recent improvements today after the important Employment Situation (the big "jobs report") showed November job creatio...
Thu, Dec 6 2018, 4:19 PM
Mortgage rates dropped significantly yet again today, adding to an already impressive week of improvement and bringing most lenders into their best te...
Tue, Dec 4 2018, 5:16 PM
Mortgage rates technically hit their lowest levels in exactly 2 months yesterday. Today merely takes them deeper into that territory. The size of the ...
Mon, Dec 3 2018, 4:16 PM
Mortgage rates didn't really improve today for the average lender, but they did manage to hit the lowest rates in 2 months on a technicality. The reas...
Fri, Nov 30 2018, 3:02 PM
Mortgage rates may have ebbed slightly higher today, but that only erased a fraction of the improvement seen over the past 2 days. Combined with the e...
Thu, Nov 29 2018, 4:28 PM
Mortgage rates surged lower today, falling at the fastest single-day pace in more than a year. In order to see the average lender offer lower rates, y...
Wed, Nov 28 2018, 2:27 PM
Mortgage rates began the day just like they've begun each of the past 5 business days: perfectly unchanged! As we discussed yesterday, the recent abse...
Tue, Nov 27 2018, 4:47 PM
Mortgage rates avoided returning to reality yet again today. In other words, rates were almost perfectly unchanged for the 4th straight business day. ...
Mon, Nov 26 2018, 3:59 PM
Mortgage rates began the post-holiday week by holding the same sideways posture seen last week during the slow market days surrounding Thanksgiving. G...
Fri, Nov 23 2018, 2:59 PM
Mortgage rates were every bit as flat as expected today. That's a good thing at the moment, considering we're holding in line with the lowest levels i...
Wed, Nov 21 2018, 4:55 PM
Mortgage rates were almost perfectly flat today, and have been largely unchanged since last Friday. If you were forced to predict such a thing at the ...
Tue, Nov 20 2018, 5:21 PM
Mortgage rates managed to maintain their lowest levels in more than a month yet again today. All this despite modest losses in underlying bond markets...
Mon, Nov 19 2018, 4:55 PM
Mortgage rates unexpectedly dropped to their lowest levels in more than a month as of last Friday. That assertion is at odds with quite a few media re...
Fri, Nov 16 2018, 6:19 PM
Mortgage rates hit their lowest levels of THE month yesterday, and the lowest levels in A month today. It's a bit of a technicality, really. As of yes...
Thu, Nov 15 2018, 5:11 PM
Mortgage rates hit their lowest levels of the month today! Sure, that's only 10 business days for the mortgage world, but we'll take every little vict...
Wed, Nov 14 2018, 4:18 PM
Mortgage rates began the day in roughly unchanged territory. Some lenders were microscopically stronger or weaker compared to yesterday, but not enoug...
Tue, Nov 13 2018, 4:25 PM
Mortgage rates improved by what could only be described as a token amount today. In other words, we're not talking about any major changes. In fact, m...
Fri, Nov 9 2018, 5:45 PM
Mortgage rates were mixed today, depending on the lender. Most lenders began the day in slightly worse shape compared to yesterday. Bond markets impro...
Thu, Nov 8 2018, 4:36 PM
Mortgage rates moved back up today, leaving them right in line with the highest levels of the week. These also happen to be the highest levels since e...
Wed, Nov 7 2018, 4:52 PM
Mortgage rates were slightly lower today. Unfortunately, that may not be the case by tomorrow morning. Underlying bond markets (which dictate rates) l...
Tue, Nov 6 2018, 5:03 PM
Mortgage rates didn't move much today. A few lenders were microscopically stronger or weaker, and the average lender was perfectly unchanged. That's f...
Mon, Nov 5 2018, 4:02 PM
Mortgage rates continued pushing up to new 7-year highs today, even if only by a small margin. This is notable because the underlying bond market (the...
Fri, Nov 2 2018, 6:25 PM
Mortgage rates had a bad week and an especially bad day following a much stronger-than-expected jobs report. The Employment Situation (the most import...
Thu, Nov 1 2018, 4:12 PM
It's Thursday! That means it's time, once again, to set the record straight on today's actual mortgage rates as opposed to those suggested by almost a...
Wed, Oct 31 2018, 3:29 PM
Mortgage rates were higher by a fairly small margin once again today. Interest rates in general (which are determined by the bond market) have been ta...
Tue, Oct 30 2018, 3:05 PM
Mortgage rates were moderately higher today as underlying bond markets continued backing away from their strongest levels in more than 3 weeks (strong...
Mon, Oct 29 2018, 4:22 PM
Mortgage rates didn't move today, despite a fair amount of underlying market volatility. Rates are able to weather the sorts of storms you hear about ...
Fri, Oct 26 2018, 2:08 PM
Mortgage rates fell decisively today--at least in the context of the recent range--thanks primarily to heavy losses in the stock market. Stocks are fa...
Thu, Oct 25 2018, 4:27 PM
Mortgage rates were unchanged yet again , making this the third day in a row at essentially the same levels. Strikingly, underlying market movement wa...
Wed, Oct 24 2018, 4:22 PM
Mortgage rates were roughly unchanged today. That's an appalling reality considering the movement in underlying bond markets. Bonds--specifically, mor...
Tue, Oct 23 2018, 5:05 PM
Mortgage rates didn't move much for the second day this week. Unlike yesterday, there was a relatively massive amount of volatility in underlying fina...
Mon, Oct 22 2018, 4:52 PM
Mortgage rates didn't move much today. Lenders who made changes to Friday's rate sheets generally did so toward slightly higher rates. Actually, it wo...
Fri, Oct 19 2018, 3:25 PM
Mortgage rates failed to extend yesterday's modest improvement, moving modestly higher by the end of the day. This takes the average lender very close...
Thu, Oct 18 2018, 4:17 PM
Mortgage rates recovered most of yesterday's losses today, following turmoil in European financial markets. What does Europe have to do with rates in ...
Wed, Oct 17 2018, 6:10 PM
Mortgage rates moved higher at a quicker pace today, following the release of the Minutes from the most recent Fed meeting. But correlation isn't nece...
Tue, Oct 16 2018, 4:11 PM
Mortgage rates didn't move much today. Some lenders were perfectly unchanged, but the average lender was just slightly higher. That's at odds with und...
Mon, Oct 15 2018, 4:43 PM
Mortgage rates were sideways to slightly higher today, prolonging a 3-day trend of exceptionally light volatility. The 5 days before that (beginning o...
Fri, Oct 12 2018, 6:41 PM
Mortgage rates held relatively steady today, finally leveling off after two solid days of improvement driven by the week's big stock market sell-off. ...
Thu, Oct 11 2018, 5:08 PM
Mortgage rates fell today as the stock market sell-off remained in focus. Stocks and rates certainly don't have a linear and predictable relationship,...
Wed, Oct 10 2018, 5:58 PM
Mortgage rates are based on mortgage-backed securities (MBS), which are essentially bonds. Conventional wisdom holds that stocks and bonds supplement ...
Tue, Oct 9 2018, 4:32 PM
Mortgage rates recovered a small portion of their recent losses today, but the average loan applicant might not even notice. The 2 key ingredients of ...
Fri, Oct 5 2018, 3:21 PM
Mortgage rates moved back over the 5% threshold, on average, for the first time since early 2011 today following mixed data on the jobs market. Why wo...
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