Thu, May 17 2018, 4:48 PM
It's Thursday, which is when Freddie Mac's weekly Mortgage rate survey comes out. The survey is the most widely quoted source material for major media...
Wed, May 16 2018, 5:26 PM
Mortgage rates spiked to 7-year highs yesterday. While today's move was nowhere near the same size, it was in the same unfriendly direction. That make...
Tue, May 15 2018, 4:02 PM
Mortgage rates spiked in a big way today, bringing some lenders to the highest levels in nearly 7 years (you'd need to go back to July 2011 to see wor...
Mon, May 14 2018, 4:00 PM
Mortgage rates were sideways to slightly higher today, and that's actually a strong showing considering what transpired in underlying bond markets. In...
Fri, May 11 2018, 6:19 PM
Mortgage rates had a pretty good day yesterday, but weren't able to extend that winning streak today--at least not in any significant way. The unwilli...
Thu, May 10 2018, 4:05 PM
Mortgage rates bounced back today, following a weaker-than-expected report on inflation and a relatively strong 30yr bond auction. Rising inflation me...
Wed, May 9 2018, 3:55 PM
Mortgage rates moved higher today as bond markets braced for impact from several upcoming events. Bonds dictate rates, and as investor demand for bond...
Tue, May 8 2018, 4:40 PM
Mortgage rates are still technically in a sideways holding pattern, but today's move took them slightly higher inside their recent range. The average ...
Mon, May 7 2018, 4:14 PM
Mortgage rates have been exceptionally sideways for nearly 2 weeks now--this after hitting the highest levels in more than 4 years on April 25th. As a...
Fri, May 4 2018, 6:38 PM
Mortgage rates were sideways today, on average, but only after the dust settled on some morning volatility. The big jobs report was released at 8:30am...
Thu, May 3 2018, 3:25 PM
Mortgage rates bounced back today--that is, they bounced back DOWN after rising slightly yesterday. The improvement came courtesy of strength in Europ...
Wed, May 2 2018, 3:58 PM
Mortgage rates were flat to slightly higher today, depending on the lender. The average lender was quoting the same rates as yesterday, but with sligh...
Tue, May 1 2018, 3:28 PM
Mortgage rates moved higher on average today, although a few lenders were better characterized as "unchanged." In either case, if you're shopping for ...
Mon, Apr 30 2018, 3:48 PM
Mortgage rates didn't move much today , which keeps them right in line with last week's lowest levels. That sounds pretty good! Unfortunately, any tim...
Fri, Apr 27 2018, 6:21 PM
Mortgage rates moved lower again today , bringing them back in line with Monday's levels for the average lender. That said, rate sheets have been very...
Thu, Apr 26 2018, 4:18 PM
Mortgage rates caught a break today , as underlying bond markets made it back into Tuesday's territory. Refreshingly, lenders were willing to set rate...
Wed, Apr 25 2018, 3:32 PM
Mortgage rates had another rough day as they continued moving up into new 4-year highs. Unlike the extremely mild and uneventful day-to-day changes se...
Tue, Apr 24 2018, 4:26 PM
Mortgage rates moved somewhat higher again today, thus pushing them farther into the highest levels in more than 4 years. This isn't the result of any...
Mon, Apr 23 2018, 4:49 PM
Mortgage rates moved markedly higher today, officially leaving them at new 4-year highs. The only other time they've earned that distinction this year...
Fri, Apr 20 2018, 2:18 PM
Let's clear one thing up before we begin. Freddie Mac, MBA, and Ellie Mae all noted new 4-year highs in mortgage rates this week. They are all technic...
Thu, Apr 19 2018, 4:35 PM
Mortgage rates jumped higher today as bonds continued a move away from narrow Springtime range seen in March and early April. Bonds dictate rate movem...
Wed, Apr 18 2018, 3:25 PM
Mortgage rates moved higher today as bond markets continued a mildly weaker trend for the month of April. Bonds (which underlie rates) are under press...
Tue, Apr 17 2018, 4:07 PM
Mortgage rates had a calm day. Lenders who had offered improved rate sheets yesterday afternoon didn't see much reason to drop rates any further today...
Mon, Apr 16 2018, 4:38 PM
Mortgage rates began the day at higher levels, as bond markets lost ground overnight. Bonds dictate rates, and "losing ground" means bond prices are f...
Fri, Apr 13 2018, 3:52 PM
Mortgage rates were slightly higher for most lenders today even though underlying bond markets suggested the opposite. This is partly a timing issue. ...
Thu, Apr 12 2018, 6:29 PM
A day after hitting the lowest levels in more than 2 months, mortgage rates bounced back up today. The good news is that they didn't land too far from...
Wed, Apr 11 2018, 3:16 PM
Mortgage rates technically hit the lowest levels in 2 months today. The catch is that they were already pretty close and that today's improvement wasn...
Tue, Apr 10 2018, 4:21 PM
Mortgage rates were roughly unchanged again today. Some lenders were slightly higher in rate, but not enough to affect the average. Underlying bond ma...
Mon, Apr 9 2018, 4:40 PM
Mortgage rates were steady to slightly higher to begin the new week, depending on the lender. Even in cases where rates rose, the increase was modest ...
Fri, Apr 6 2018, 4:49 PM
Mortgage rates moved back down to yesterday's levels after a much weaker read on job creation from the Labor Department. In general, weak economic dat...
Thu, Apr 5 2018, 4:22 PM
Mortgage rates moved slightly higher today as trade war fears waned for financial markets. There's not a direct connection between trade issues and mo...
Wed, Apr 4 2018, 3:56 PM
Mortgage rates were sideways to slightly lower today, depending on the lender. That presents something of an opportunity because underlying bond marke...
Tue, Apr 3 2018, 4:17 PM
Mortgage rates didn't move much today, on average, even though underlying bond markets suggested a move higher. We talked about the stock/bond relatio...
Mon, Apr 2 2018, 5:02 PM
Mortgage rates moved lower today as underlying bond markets generally followed a much bigger move in stocks. It's a common misconception that stocks a...
Thu, Mar 29 2018, 2:28 PM
Mortgage rates were generally unchanged today, although a few lenders offered slight improvements. This stands in contrast to the noticeable improveme...
Wed, Mar 28 2018, 4:35 PM
Mortgage rates were sideways to slightly lower today, keeping/bringing them in line with the lowest levels in roughly 2 weeks (depending on the lender...
Tue, Mar 27 2018, 4:51 PM
As of yesterday, it looked like mortgage rates would be more interested in staying in a narrow, sideways range for the holiday-shortened Spring Break/...
Mon, Mar 26 2018, 4:17 PM
Mortgage rates moved sideways to slightly higher today, keeping them in an exceptionally narrow range that's persisted for the entire month of March. ...
Fri, Mar 23 2018, 4:57 PM
Mortgage rates were just barely higher in many cases today, although underlying bond markets recovered enough ground by the afternoon to suggest Monda...
Thu, Mar 22 2018, 5:04 PM
Mortgage rates continued lower today on a combination of global reaction to yesterday's Fed Announcement and apprehension over new tariffs on China. T...
Wed, Mar 21 2018, 5:22 PM
Mortgage rates rose to new 4-year highs this morning as lenders took a defensive stance ahead of the afternoon's Fed Announcement. The caution proved ...
Tue, Mar 20 2018, 3:30 PM
Mortgage rates rose to the highest levels in more than a week today, but that's the most dramatic way to put it. In terms of outright movement, today ...
Mon, Mar 19 2018, 4:17 PM
Mortgage rates have been on a tear recently , moving sideways with reckless abandon. Since the middle of February, the "effective rate" (based on actu...
Fri, Mar 16 2018, 5:12 PM
Mortgage rates rose modestly today, but many lenders were essentially unchanged compared to yesterday's latest offerings. Moreover, rates ended the we...
Thu, Mar 15 2018, 4:19 PM
Mortgage rates held steady today as political headlines helped to offset some initial weakness in bond markets. When bonds weaken, rates tend to move ...
Wed, Mar 14 2018, 3:42 PM
Mortgage rates fell again today as several economic updates painted a slightly gloomier picture. In general, weaker economic data coincides with lower...
Tue, Mar 13 2018, 4:15 PM
Mortgage rates fell today following a tame read on inflation as well as the announcement of Rex Tillerson's departure from the White House. The Consum...
Mon, Mar 12 2018, 4:44 PM
Mortgage rates spent the entirety of last week at the same levels based on end-of-day rates sheets from the average lender. That was a tremendously un...
Fri, Mar 9 2018, 3:53 PM
Mortgage rates must really like being where they are right now, because they've been at roughly the same levels for the past 5 days! Not only is this ...
Thu, Mar 8 2018, 5:46 PM
Mortgage rates were generally unchanged for the 3rd day in a row today despite a fair amount of movement in underlying bond markets. Rates reacted to ...
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