Tue, Mar 26 2019, 4:26 PM
Mortgage rates took the day to do just a little bit more of what they've been doing in fairly grand fashion for the past week: MOVE LOWER! When the go...
Mon, Mar 25 2019, 5:20 PM
Mortgage rates continued deeper into long-term lows today as the underlying bond market experiences its most impressive rally of the year. In a rally,...
Fri, Mar 22 2019, 5:30 PM
At the end of last week, the average top-tier 30yr fixed mortgage rate quote was 4.375%. As of today, the exact same scenario would be at 4.125%--a qu...
Thu, Mar 21 2019, 5:13 PM
Granted, we're not back to the sub-4% mortgage rates that dominated much of the past 8 years, but breaking into the high 3% range is a valid considera...
Wed, Mar 20 2019, 5:30 PM
Mortgage rates broke a week-long streak of silence today following a policy announcement from the Federal Reserve. Even before today's Fed announcemen...
Tue, Mar 19 2019, 3:48 PM
Mortgage rates were flat for the 4th day in a row today in a sign that investors have largely taken their seats for tomorrow's big show. The Fed will ...
Mon, Mar 18 2019, 4:30 PM
Mortgage rates didn't budge today--a logical result with no signs of life in underlying bond markets. In the current case, this is just fine with us c...
Fri, Mar 15 2019, 3:49 PM
Mortgage rates remained at recent lows today, as underlying bond markets strengthened. For US Treasuries, this brought rates to new multi-month lows. ...
Thu, Mar 14 2019, 4:41 PM
Mortgage rates held steady today, despite moderate weakness in underlying bond markets. This occurred for two reasons. First, yesterday saw bond marke...
Wed, Mar 13 2019, 4:42 PM
Mortgage rates were officially lower today, despite some weakness in the bond market. In general, bond market weakness coincides with rates moving hig...
Tue, Mar 12 2019, 3:52 PM
Mortgage rates dropped convincingly today, bringing them to new long-term lows. The average lender hasn't offered anything lower for more than a year ...
Mon, Mar 11 2019, 3:59 PM
Mortgage rates were roughly unchanged to begin the week. That means they are staying in line with the lowest levels in more than a year. Only 2 or 3 d...
Fri, Mar 8 2019, 3:50 PM
Yesterday, we talked about how mortgage rates were actually lower this week, despite some news coverage to the contrary, and how that discrepancy was ...
Thu, Mar 7 2019, 4:53 PM
Mortgage rates dropped noticeably today, as the underlying bond market benefited from overseas developments. The European Central Bank (ECB) is Europe...
Wed, Mar 6 2019, 4:42 PM
Mortgage rates improved again today, bringing them back to the lowest levels seen since last Thursday morning. Starting last Wednesday, we saw a fairl...
Tue, Mar 5 2019, 4:55 PM
After a pretty rough conclusion last week, yesterday's stability was a welcome change for mortgage rates at the start of the new week. Today made thin...
Mon, Mar 4 2019, 3:40 PM
Mortgage rates finally caught their breath today after rising quickly in the second half of last week. Specifically, the average lender managed to avo...
Fri, Mar 1 2019, 4:15 PM
Mortgage rates surged again today as the underlying bond market continued to capitulate to selling pressure. Let's talk about what that means in plain...
Thu, Feb 28 2019, 6:00 PM
Mortgage rates moved quickly higher today following stronger-than-expected economic data. Rates are driven by the bond market. Bonds are safe-haven as...
Wed, Feb 27 2019, 5:54 PM
At one point today, there were three apparently important events dominating the newswires simultaneously. These included the Fed Chair's congressional...
Tue, Feb 26 2019, 4:41 PM
Whereas mortgage rates were almost undetectably higher yesterday, they were lower by roughly the same insignificant amount today. In either case, and ...
Mon, Feb 25 2019, 3:24 PM
Mortgage rates were very nearly unchanged today, although the average lender was just slightly higher. Investors reacted to news over the weekend that...
Fri, Feb 22 2019, 6:12 PM
Mortgage rates are most directly affected by the day to day movement in the bond market. It's interesting to consider that bonds improved quite a bit ...
Thu, Feb 21 2019, 4:03 PM
Mortgage rates may be close to their lowest levels in more than a year, but they were slightly higher versus yesterday. Yesterday's rates were close e...
Wed, Feb 20 2019, 4:46 PM
Mortgage rates finally broke from their recent "back-and-forth" pattern of the past 7 business days and moved lower for the 2nd day in a row . Althoug...
Tue, Feb 19 2019, 3:47 PM
Mortgage rates fell modestly today, making it the 7th straight business day where they've moved in the opposite direction from the previous day. This ...
Fri, Feb 15 2019, 3:01 PM
Mortgage rates were slightly higher today, marking the 6th day in a row where they've reversed course versus the previous day. This is the sort of beh...
Thu, Feb 14 2019, 4:43 PM
Mortgage rates recovered today after rising to the highest levels in a week as of yesterday. The improvement followed a much-weaker-than-expected Reta...
Wed, Feb 13 2019, 4:41 PM
Mortgage rates hadn't changed much over the past few business days, even though they arguably should have moved a bit higher yesterday. That made toda...
Tue, Feb 12 2019, 4:32 PM
Mortgage rates were roughly unchanged yet again today, although the average lender was charging microscopically higher fees compared to yesterday. The...
Mon, Feb 11 2019, 3:55 PM
Mortgage rates held their ground fairly well today, despite the fact that underlying bond markets were weaker. Bond market weakness is associated with...
Fri, Feb 8 2019, 5:36 PM
Mortgage rates may not be quite as low as they were on January 31st, but they nonetheless managed to end at the lowest levels of this week . Unlike Ja...
Thu, Feb 7 2019, 5:37 PM
Thursday plays host to vastly more mortgage rate articles than any other day of the week. This has to do with the regular weekly release of Freddie Ma...
Wed, Feb 6 2019, 2:47 PM
Mortgage rates moved lower for the second straight day after rising moderately on Friday and Monday. This brings the average lender to the second lowe...
Tue, Feb 5 2019, 5:03 PM
Mortgage rates stabilized today, after moving higher somewhat quickly following several strong economic reports on Friday. If you'd like to revisit th...
Mon, Feb 4 2019, 4:08 PM
Mortgage rates continued moving higher today as Fridays unfortunate series of events seems to have motivated a big bounce. What events are those? Name...
Fri, Feb 1 2019, 7:01 PM
Mortgage rates fell significantly yesterday, extending a reaction to the Federal Reserve's announcement and press conference from Wednesday. The Fed w...
Thu, Jan 31 2019, 4:31 PM
Mortgage rates fell more triumphantly today, extending their reaction to yesterday's Federal Reserve announcement. The Fed isn't in direct control of ...
Wed, Jan 30 2019, 4:15 PM
Mortgage rates fell moderately today, largely in response to the Federal Reserve's policy announcement. The Fed is in charge of setting a key short-te...
Tue, Jan 29 2019, 4:01 PM
Mortgage rates didn't move yesterday, despite a moderate amount of improvement in underlying bond markets. When bonds improve, rates tend to move lowe...
Mon, Jan 28 2019, 4:23 PM
Mortgage rates didn't move at all today, on average, but that's likely to change throughout the course of the week--possibly several times. Interest r...
Fri, Jan 25 2019, 6:00 PM
Mortgage rates were only slightly higher today, and didn't rise enough to make it above the levels that showed up somewhat abruptly on Wednesday. That...
Thu, Jan 24 2019, 3:45 PM
Mortgage rates jumped to the highest levels in 2019 yesterday, even if only by a small margin. It was one of the few abrupt moves we've seen in recent...
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 ...
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