Thu, Nov 30 2017, 4:12 PM
There are several news stories out today that reference LOWER rates this week. These all rely on stale survey data that failed to account for changes ...
Wed, Nov 29 2017, 3:14 PM
Mortgage rates moved higher today, with most lenders quoting their highest rates in at least 2 weeks. But before you let that worry you too much, know...
Tue, Nov 28 2017, 4:47 PM
Mortgage rates improved modestly today as markets digested tax bill headlines and the confirmation hearing for new Fed Chair Jerome Powell. As the hea...
Mon, Nov 27 2017, 4:58 PM
Mortgage rates were almost perfectly unchanged today as markets returned to full force following the extended Thanksgiving break. Bond markets (which ...
Fri, Nov 24 2017, 1:53 PM
Mortgage rates were roughly unchanged today. That's not too surprising considering lenders don't tend to make big moves on the Friday after Thanksgivi...
Wed, Nov 22 2017, 2:55 PM
Mortgage rates fell modestly today, with bond market strength both before and after the release of the Fed Minutes (a more detailed account of the Fed...
Tue, Nov 21 2017, 3:34 PM
Mortgage rates were unchanged today, on average, although a few lenders made small adjustments to rates sheets in response to bond market volatility. ...
Mon, Nov 20 2017, 2:46 PM
Mortgage rates moved slightly higher today against the backdrop of the unique bond market conditions seen on Thanksgiving week. Bond markets underlie ...
Fri, Nov 17 2017, 4:53 PM
Mortgage rates barely budged today--not too surprising considering today's bond market levels (which underlie rates) were roughly in line with yesterd...
Thu, Nov 16 2017, 4:36 PM
Mortgage rates moved higher today, but the changes were minimal for most lenders. Bond markets (which underlie interest rates) have been searching for...
Wed, Nov 15 2017, 3:26 PM
Mortgage rates fell today, largely in response to the past two days of bond market improvement. In other words, lenders had been keeping their guard u...
Tue, Nov 14 2017, 4:09 PM
Mortgage rates didn't move much today, despite moderate improvements in bond markets. Typically, stronger bond markets result in lower rates, but if a...
Mon, Nov 13 2017, 4:32 PM
Mortgage rates were unchanged to slightly higher today, keeping them in line with their highest levels in more than 2 weeks, depending on the lender. ...
Fri, Nov 10 2017, 3:31 PM
What a difference 2 days make! Freddie Mac's weekly rate survey was out yesterday prompting multiple news outlets to declare "slightly lower rates" on...
Thu, Nov 9 2017, 3:22 PM
Mortgage rates moved higher for the first time this week, ending a 3-day run at the best levels since mid-October. Today's rates are roughly in line w...
Wed, Nov 8 2017, 3:23 PM
Mortgage rates held steady again today, keeping them in line with the lowest levels in more than 3 weeks. They've also been uncommonly calm so far thi...
Tue, Nov 7 2017, 5:15 PM
Mortgage rates held steadier today after spending 6 of the past 7 days moving lower. They're now at their lowest levels in roughly 3 weeks and fairly ...
Mon, Nov 6 2017, 5:08 PM
Mortgage rates continued lower today, despite a blatant lack of underlying motivation in financial markets. By that, I mean that we haven't seen any o...
Fri, Nov 3 2017, 5:55 PM
Mortgage rates were mostly sideways today although a few lenders offered token improvements. When we talk about small improvements in "mortgage rates,...
Thu, Nov 2 2017, 5:52 PM
Mortgage rates improved moderately today following the release of the GOP tax bill and confirmation of Jerome Powell as Trump's Fed Chair nomination. ...
Wed, Nov 1 2017, 4:45 PM
Mortgage rates were slightly higher today, on average, as bond markets backed away from their stronger levels seen during the last 2 days of October. ...
Tue, Oct 31 2017, 3:49 PM
Mortgage rates continued lower today, despite an absence of improvement in underlying bond markets. That's not too surprising considering the average ...
Mon, Oct 30 2017, 3:50 PM
Mortgage rates recovered even more of their recent losses today, following reports that lawmakers were considering "phasing in" a 20% corporate tax ra...
Fri, Oct 27 2017, 3:11 PM
Mortgage rates recovered some of their recent losses today, with most lenders moving back into Wednesday's territory. The improvement followed another...
Thu, Oct 26 2017, 5:22 PM
Mortgage rates are in a bit of trouble, having moved higher at the fastest pace since late June in the past few days. If you've had occasion to read a...
Wed, Oct 25 2017, 3:44 PM
Mortgage rates continued higher at a relatively fast pace today, pushing farther into the highest levels since early July. As of this afternoon, the a...
Tue, Oct 24 2017, 5:10 PM
Mortgage rates jumped abruptly higher today for many lenders after reports of an informal show of hands in favor of John Taylor as Trump's potential F...
Mon, Oct 23 2017, 3:50 PM
Mortgage rates were generally unchanged today despite slight improvements in underlying bond markets. As of last Friday, the average lender was quotin...
Fri, Oct 20 2017, 6:26 PM
Mortgage rates moved higher today as financial markets grew more optimistic about the potential for tax reform. Late last night, the Senate passed a r...
Thu, Oct 19 2017, 4:10 PM
Mortgage rates were unchanged to slightly lower today. Political drama in Europe pushed stocks lower overnight and sent investors toward safer haven a...
Wed, Oct 18 2017, 4:13 PM
Mortgage rates moved modestly higher today despite bigger movement in underlying bond markets. In part, this is a byproduct of the way rates behaved a...
Tue, Oct 17 2017, 3:51 PM
Mortgage rates were at their best levels in roughly a month last Friday afternoon. Since then, they've risen modestly on each of the past two business...
Mon, Oct 16 2017, 5:02 PM
Mortgage rates were sideways to slightly higher today, depending on the lender. Underlying bond markets suggested a bit more movement, and that will l...
Fri, Oct 13 2017, 2:47 PM
Mortgage rates moved lower today. For many lenders, it was the biggest drop in more than a month and it also brings them to the best levels in roughly...
Thu, Oct 12 2017, 7:19 PM
Mortgage rate data collection is tricky business . Some sources rely on survey data that can have a limited collection window and a significant lag. O...
Wed, Oct 11 2017, 3:44 PM
Mortgage rates haven't done much over the past few days, with the average lender offering substantially similar quotes every day in October. Depending...
Tue, Oct 10 2017, 4:07 PM
Mortgage rates were marginally lower today compared to last week, but only when factoring in upfront finance charges. Actual quoted interest rates hav...
Fri, Oct 6 2017, 5:40 PM
Mortgage rates moved higher today, following a much weaker-than-expected jobs report. These are two things that essentially never go together. What ma...
Thu, Oct 5 2017, 3:02 PM
Mortgage rates moved higher today, bringing the average lender back near 4% in terms of conventional 30yr fixed quotes for top tier scenarios. Most le...
Wed, Oct 4 2017, 2:19 PM
Mortgage rates were very slightly lower today, but not by enough to have an impact on the actual interest rates being quoted. Specifically, the "effec...
Tue, Oct 3 2017, 3:36 PM
Mortgage rates were unchanged today, on average, marking the second straight day with minimal change near the highest levels in more than 2 months. Fo...
Mon, Oct 2 2017, 4:57 PM
Mortgage rates were lower today for a few lenders, but higher for most others, dragging the average 0.01% higher in terms of effective rates. Note rat...
Fri, Sep 29 2017, 2:37 PM
Mortgage rates moved lower today, even though underlying bond markets (which ultimately drive rates) suggested a move higher. This happens from time t...
Thu, Sep 28 2017, 3:43 PM
Mortgage rates were decidedly higher this morning, with most lenders back above last week's highs. At the time, those were the highest rates in more t...
Wed, Sep 27 2017, 4:49 PM
First thing's first: mortgage rates didn't have nearly as bad a day as US Treasuries. The latter serve as a general benchmark for the former, but can ...
Tue, Sep 26 2017, 3:09 PM
Mortgage rates improved moderately today, making this the 4th straight business day without any new weakness (aka "higher rates"). It's necessary to i...
Mon, Sep 25 2017, 4:37 PM
Mortgage rates held their ground yet again , and are finally starting to look resilient after a relatively sharp move higher over the past 2 weeks. Th...
Fri, Sep 22 2017, 4:27 PM
Mortgage rates held their ground yesterday. That was a refreshing development given the abrupt move higher over the past 2 weeks and a relatively thre...
Thu, Sep 21 2017, 3:44 PM
Mortgage rates have been higher almost exclusively for the past 2 weeks. Yesterday was no exception as the Federal Reserve released a rate hike foreca...
Wed, Sep 20 2017, 5:12 PM
Mortgage rates rose today following the announcement and--more importantly--the Fed's updated economic projections . The Fed holds 8 meetings a year. ...
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