Wed, Jan 23 2019, 3:06 PM
Mortgage rates jumped a bit today, as lenders got caught up with the bond market movements from last Friday. It's fair to wonder why they wouldn't hav...
Tue, Jan 22 2019, 4:06 PM
Mortgage rates were higher heading into the end of the previous week. To make matters worse, as of Friday afternoon, it didn't look like the average l...
Fri, Jan 18 2019, 3:47 PM
Mortgage rates rose gently today. Most mortgage borrowers (and many mortgage professionals, for that matter) wouldn't be aware of slightly more alarmi...
Thu, Jan 17 2019, 3:28 PM
Mortgage rates were technically steady today. In fact, as of this writing, most lenders are offering slightly better terms compared to yesterday, but ...
Wed, Jan 16 2019, 4:13 PM
Mortgage rates rose modestly today after spending the past 2 days moving sideways. It was really yesterday's market weakness that caused today's move....
Tue, Jan 15 2019, 4:44 PM
Mortgage rates were unchanged yet again today. Given that rates are based on trading levels in underlying bond markets, it's no surprise to learn that...
Mon, Jan 14 2019, 3:50 PM
Mortgage rates held their ground today, keeping them in line with long-term lows achieved over the past 2 weeks. To be fair, it was the previous week ...
Fri, Jan 11 2019, 6:11 PM
Mortgage rates improved today, breaking a 3-day streak with effectively no change. This gets us part of the way back down to the long-term lows achiev...
Thu, Jan 10 2019, 4:50 PM
Mortgage rates were unchanged again today, despite moderate weakness in underlying bond markets. Bonds are the primary ingredient used in determining ...
Wed, Jan 9 2019, 6:29 PM
Mortgage rates held steady today, after moving higher for the past 3 days. Underlying market movement was slightly calmer than it has been in recent d...
Tue, Jan 8 2019, 3:36 PM
Mortgage rates rose moderately for the 3rd day in a row today, bringing them to the highest levels since December 31st for the average lender. In outr...
Mon, Jan 7 2019, 5:08 PM
Mortgage rates were higher again today, extending a 2-day move from the lowest levels since early 2018. The size and pace of the late 2018 improvement...
Fri, Jan 4 2019, 4:42 PM
Mortgage rates hit the lowest levels in nearly a year as of yesterday afternoon. In general, they've had a one track mind for the better part of two m...
Thu, Jan 3 2019, 4:37 PM
Mortgage rates have been plummeting , depending on your definition of the word. To be sure, the past 2 months have no competition in nearly 3 years. T...
Wed, Jan 2 2019, 4:49 PM
Mortgage rates didn't have much to celebrate in 2018--at least not until the last few months. But those last few months were quite nice! Despite uncer...
Mon, Dec 31 2018, 2:05 PM
Mortgage rates moved lower again today--this time in a slightly more noticeable way. More than anything, this was a reflection of last Friday's market...
Fri, Dec 28 2018, 4:27 PM
Mortgage rates moved lower by an almost imperceptible amount today. The improvement was enough to bring the average lender to the lowest levels since ...
Thu, Dec 27 2018, 4:48 PM
Mortgage rates were unchanged to slightly lower today, which is a major victory considering how yesterday left off. Specifically, bond markets had wea...
Wed, Dec 26 2018, 4:10 PM
Mortgage rates were unchanged in some cases today and higher in others. The discrepancy is a result of the timing of today's market movements. The mos...
Mon, Dec 24 2018, 12:43 PM
Mortgage rates did nothing interesting today, as is typical for the days before and after a major holiday. Tangentially related and significantly more...
Fri, Dec 21 2018, 3:59 PM
Mortgage rates were steady to slightly higher yet again today. This reinforces our sense from yesterday that rates may have already found their post-F...
Thu, Dec 20 2018, 4:48 PM
Mortgage rates were steady to slightly higher today. As such, they remain quite close to their lowest levels in roughly 4 months--a distinction achiev...
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...