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...
Thu, Oct 4 2018, 3:44 PM
If you don't happen to make it past this first sentence, just know that anyone telling you rates are much higher today is NOT lying to you. Anyone tel...
Wed, Oct 3 2018, 4:43 PM
Mortgage rates skyrocketed today, in relative terms. It was the single worst day in nearly 2 years, and among only a few days where effective rates mo...
Tue, Oct 2 2018, 3:46 PM
Mortgage rates fell modestly today, and thus managed to avoid heading any closer to the 7-year highs just overhead. Underlying bond markets benefited ...
Mon, Oct 1 2018, 4:37 PM
After hitting the lowest levels in exactly 2 weeks on Friday, mortgage rates bounced back up toward their recent highs today. This risk was already ta...
Fri, Sep 28 2018, 4:25 PM
Mortgage rates were slightly lower again today, but there are some caveats. First of all, the average lender wasn't in substantially better shape comp...
Thu, Sep 27 2018, 4:13 PM
Mortgage rates fell modestly again today. Over the past 2 days, we've managed to undo more than a week of damage, with rates back at their best levels...
Wed, Sep 26 2018, 4:18 PM
Mortgage rates improved in a somewhat noticeable way for the first time in weeks following today's policy announcement from the Fed. Actually, to be f...
Tue, Sep 25 2018, 3:34 PM
Mortgage rates were unchanged for some lenders today while others were in slightly higher territory. Either way, that leaves the average lender at the...
Mon, Sep 24 2018, 3:38 PM
Mortgage rates are having a bleak September, having risen at least an eighth of a percentage point in all cases and by a quarter of a point in many ca...
Fri, Sep 21 2018, 4:46 PM
Mortgage rates actually fell today, on average--something they haven't been able to say all week, or indeed at nearly any time during the past 4 weeks...
Thu, Sep 20 2018, 4:40 PM
Mortgage rates were mostly able to hold steady today, although they technically moved just a bit higher and that technically leaves them at the highes...
Wed, Sep 19 2018, 3:37 PM
Mortgage rates are in bad shape . At some point in the past 3 days (depends on the lender), top tier 30yr fixed rate offerings hit their highest level...
Tue, Sep 18 2018, 3:35 PM
Mortgage rates edged up to 4-year highs with yesterday's bond market losses and things went from bad to worse today. Bond markets (which underlie and ...
Mon, Sep 17 2018, 4:39 PM
Mortgage rates may have had a fairly bad day last Friday, but today was worse . Today officially saw the average lender back at rates not seen since M...
Fri, Sep 14 2018, 4:18 PM
Mortgage rates had a bad day. Even after a weaker reading on Retail Sales (something that normally helps), the bond market lost ground. Unfortunately,...
Thu, Sep 13 2018, 3:34 PM
Mortgage rates fell modestly today, following a weaker-than-expected report on inflation. The Consumer Price Index (CPI) measures the change in prices...
Wed, Sep 12 2018, 3:20 PM
Mortgage rates managed to remain unchanged today despite the fact that underlying bond markets were stronger. Stronger bond markets are typically asso...
Tue, Sep 11 2018, 4:19 PM
Mortgage rates held fairly steady this morning, keeping them in line with the highest levels since early August. As the day progressed, underlying bon...
Mon, Sep 10 2018, 3:10 PM
Mortgage rates were slightly higher today, depending on the lender . Many lenders ended up raising rates last Friday afternoon as underlying bond mark...
Fri, Sep 7 2018, 2:53 PM
Mortgage rates rose moderately today (depending on the lender). It was enough to bring them back to the highest levels since early August. Additionall...
Thu, Sep 6 2018, 4:06 PM
Mortgage rates were sideways to slightly lower today, depending on the lender. The discrepancy stems from mid-day bond market gains that were just bar...
Wed, Sep 5 2018, 3:58 PM
Mortgage rates have only been moving higher gradually , but things are adding up . Today's move brings them to the highest levels in nearly a month. I...
Tue, Sep 4 2018, 3:54 PM
Mortgage rates moved higher today , reversing the improvement seen last Friday. The average lender is now back in line with their highest levels of th...
Fri, Aug 31 2018, 5:17 PM
Mortgage rates caught a break to end a week that was otherwise spent moving higher. Although we did see a bit of improvement in underlying bond market...
Thu, Aug 30 2018, 3:17 PM
Mortgage rates didn't move at all, again today. There really hasn't been any meaningful movement for more than 3 weeks. The same thing happened from l...
Wed, Aug 29 2018, 5:16 PM
Mortgage rates were just slightly higher again today, keeping them in line with the highest levels in about 3 weeks. The same caveat applies: we're ta...
Tue, Aug 28 2018, 4:48 PM
Mortgage rates rose again today--this time more noticeably than yesterday--bringing them to the highest levels in more than 2 weeks. For most, however...
Mon, Aug 27 2018, 3:58 PM
Mortgage rates moved higher for some lenders and lower for others, depending on how that particular lender adjusted their rate sheets on Friday aftern...
Fri, Aug 24 2018, 7:17 PM
Mortgage rates began the day slightly higher . In fact, for several lenders, it was the biggest day-over-day move higher in more than 2 weeks. The key...
Thu, Aug 23 2018, 4:55 PM
Mortgage rates have been more or less unchanged since August 10th . That's an impressively boring streak even by summertime standards. Why does summer...
Wed, Aug 22 2018, 3:45 PM
Mortgage rates haven't really moved for 9 straight business days. Some lenders have seen microscopic improvements during that time, but the average le...
Tue, Aug 21 2018, 4:08 PM
Mortgage rates were generally unchanged again today although several lenders were in just slightly better territory. That makes this the 8th straight ...
Mon, Aug 20 2018, 4:59 PM
Mortgage rates were almost perfectly unchanged again today, meaning they haven't really changed in more than a week. All this despite a rather noticea...
Fri, Aug 17 2018, 4:29 PM
Mortgage rates were almost perfectly unchanged today. That leaves them right in line with last Friday's levels. I devoted a considerable number of wor...
Thu, Aug 16 2018, 3:31 PM
Be careful what you read--or perhaps, who you trust--about mortgage rates today. There's a lot of misinformation out there. Don't be mad. No one is ou...
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