Mon, Mar 5 2018, 4:26 PM
Mortgage rates ended higher today, after financial markets reacted to developments in last week's tariff-related news. Last Thursday, stock prices and...
Fri, Mar 2 2018, 7:07 PM
Mortgage rates snapped back toward recent highs today. Part of this has to do with how well rates have done over the past 3 weeks. Granted, rates have...
Thu, Mar 1 2018, 5:40 PM
Mortgage rates moved lower today--somewhat significantly relative to recent examples--ultimately hitting the best levels in more than a week for most ...
Wed, Feb 28 2018, 3:55 PM
After moving back up to the highest levels in more than 4 years yesterday, mortgage rates fell slightly today. Pessimists/realists would rightfully po...
Tue, Feb 27 2018, 4:38 PM
It was a good run for mortgage rates , relative to the rest of 2018, but after spending 3 days in a row with mild-to-moderate improvements, rates quic...
Mon, Feb 26 2018, 6:52 PM
Mortgage rates fell for the third day in a row--the first time that's happened so far in 2018! Much like last week was slightly less spectacular than ...
Fri, Feb 23 2018, 4:45 PM
Mortgage rates fell again for the second straight day--something that has only happened a few other times so far this year. On an even brighter note, ...
Thu, Feb 22 2018, 4:48 PM
Mortgage rates fell modestly today as underlying bond markets experienced a rare absence of volatility. Rather than view this as some sort of turning ...
Wed, Feb 21 2018, 5:35 PM
Mortgage rates continued higher today following the release of the Minutes from the Federal Reserve's (aka "The Fed") most recent policy meeting. The ...
Tue, Feb 20 2018, 4:54 PM
Mortgage rates moved back up today after ending last week on a positive note. Improvements in rates have been uncommon so far in 2018. In fact, we hav...
Fri, Feb 16 2018, 3:49 PM
Financial markets in the US will be closed for President's Day on Monday. Thus, mortgage lenders will not be open, nor will they be accepting locks. G...
Thu, Feb 15 2018, 3:41 PM
Mortgage rates were roughly unchanged today. Some lenders even offered improved rates in the afternoon as underlying bond markets managed to hold mode...
Wed, Feb 14 2018, 5:37 PM
Mortgage rates surged higher today, moving easily to new 4-year highs. Today's average conventional 30yr fixed rate is roughly one eighth of a percent...
Tue, Feb 13 2018, 3:55 PM
Mortgage rates began the day fairly well in line with the past 2 days. While it's nice to see some stability in this environment, it's not so nice tha...
Mon, Feb 12 2018, 3:49 PM
Mortgage rates were generally in line with Friday's latest levels today. Unfortunately, those happened to be the highest in more than 4 years . Rates ...
Fri, Feb 9 2018, 9:18 PM
Mortgage rates experienced some ups and downs this week (mostly ups), but ultimately weren't able to capitalize on a few attempts to move lower. Monda...
Thu, Feb 8 2018, 5:22 PM
Mortgage rates continued higher today, bringing the average 30yr fixed rate to another new multi-year high. That said, rates may vary quite a bit from...
Wed, Feb 7 2018, 3:40 PM
Mortgage rates surged higher today, with most lenders ending up back in line with the 4-year highs seen on Friday afternoon. At issue--among other thi...
Tue, Feb 6 2018, 4:39 PM
Mortgage rates were mixed today, with most lenders offering slightly better terms this morning compared to yesterday's mid-day levels. Things took a t...
Mon, Feb 5 2018, 5:09 PM
Mortgage rates caught a break today, moving back near last Thursday's levels as bonds (which underlie rates) benefited from today's extreme market vol...
Fri, Feb 2 2018, 7:13 PM
If you thought yesterday was bad for mortgage rates , you're probably not going to be a big fan of today either. And since today is the end of a week,...
Thu, Feb 1 2018, 4:41 PM
Mortgage rates are in big trouble . Whatever you've read about the current spike so far today, you'll probably need to double it after today's bond ma...
Wed, Jan 31 2018, 2:56 PM
Mortgage rates managed to hold steady today, on average (some lenders were slightly better while others were slightly worse) despite a more upbeat eco...
Tue, Jan 30 2018, 4:15 PM
Mortgage rates continued just slightly higher today. While it wasn't the worst day they've had in terms of movement, it arrives as rates were already ...
Mon, Jan 29 2018, 4:39 PM
Mortgage rates are in trouble . This will come as no surprise to regular readers. For the past few weeks, rates made several successive runs up to the...
Fri, Jan 26 2018, 2:02 PM
Mortgage rates moved higher today, bringing them up to yet another 9-month high. Underlying bond markets ended the week in roughly the same shape as l...
Thu, Jan 25 2018, 4:54 PM
Mortgage rates improved modestly today, bringing them back in line with Wednesday afternoon's best levels. After underlying bond markets overcame vola...
Wed, Jan 24 2018, 3:34 PM
After taking just one day off from the prevailing move higher, mortgage rates were back at it today, heading back to the worst levels in more than 9 m...
Tue, Jan 23 2018, 3:17 PM
Mortgage rates finally managed to move lower in a small but meaningful way today--something they haven't done in more than 2 weeks! During that time, ...
Mon, Jan 22 2018, 4:34 PM
Mortgage rates pushed up to yet another 9-month high today--something that's become all too common in the past few weeks. Just as troubling is the fac...
Fri, Jan 19 2018, 6:24 PM
Mortgage rates remained at 9-month highs today, with most lenders in worse shape than yesterday. In the morning, the sky hadn't yet fallen, the averag...
Thu, Jan 18 2018, 3:45 PM
It's Thursday, which means Freddie Mac released its weekly update on mortgage rates . This is typically not that big of a deal because mortgage rates ...
Wed, Jan 17 2018, 3:35 PM
Mortgage rates were only moderately higher today, but the move was enough to officially bring them to the highest levels since the Spring of 2017. In ...
Tue, Jan 16 2018, 3:20 PM
Mortgage rates didn't move much today. Most lenders were just slightly lower/better this morning, but mid-day market weakness prompted several of them...
Fri, Jan 12 2018, 8:00 PM
Mortgage rates caught a break yesterday by moving lower for the first time this week. They arguably caught a break again today by not moving any highe...
Thu, Jan 11 2018, 3:51 PM
Mortgage rates caught a break today, moving lower for the first time this week and pushing back from the highest levels since early July 2017. Like ye...
Wed, Jan 10 2018, 3:35 PM
Mortgage rates were much higher this morning, bringing them to new 6-month highs (a dubious distinction also accomplished yesterday). Unlike yesterday...
Tue, Jan 9 2018, 3:51 PM
Mortgage rates rose again today, adding to a nasty 2-day streak that's taken the average 30 yr fixed rate an eighth of a point higher. That's an uncom...
Mon, Jan 8 2018, 4:50 PM
Mortgage rates rose today, largely due to bond market movement from the end of last week that never made it onto last week's rate sheets. Specifically...
Fri, Jan 5 2018, 5:00 PM
Mortgage rates moved lower following a weaker-than-expected jobs report. The so-called "jobs report" (officially "The Employment Situation") is--on av...
Thu, Jan 4 2018, 3:46 PM
Mortgage rates moved higher today , following stronger economic data at home and abroad. In general, stronger economic data implies better growth, hig...
Wed, Jan 3 2018, 3:44 PM
Mortgage rates were unchanged to slightly lower today, depending on the lender. Merely holding steady is a victory today. Reason being: bond markets (...
Tue, Jan 2 2018, 5:02 PM
Mortgage rates are theoretically supposed to go higher in 2018. Any upward pressure on economic growth or inflation (courtesy of the tax bill, perhaps...
Fri, Dec 29 2017, 3:38 PM
Mortgage rates were unchanged again today, keeping them at the same stronger levels achieved on Wednesday afternoon. Wednesday's gains were much-neede...
Thu, Dec 28 2017, 5:03 PM
Mortgage rates were broadly unchanged today, despite negative cues from underlying bond markets. In other words, the bonds that account for most mortg...
Wed, Dec 27 2017, 3:38 PM
Mortgage rates had a bad week last week, quickly rising to the highest levels in months. To make matters more frustrating, there weren't any clearly-d...
Tue, Dec 26 2017, 4:37 PM
Mortgage rates were lifeless today as financial markets drifted sideways. Although rates CAN move during the last week of December when there's an imb...
Fri, Dec 22 2017, 5:03 PM
Mortgage rates didn't move much today, which is a victory unto itself on a week with 3 of the worse consecutive days of the year. In fact, lenders tha...
Thu, Dec 21 2017, 3:16 PM
Mortgage rates edged just slightly higher again today, capping the sharpest 3-day increase since late June and leaving the average lender more than an...
Wed, Dec 20 2017, 2:26 PM
Mortgage rates continued higher today, largely due to momentum in bond markets (which dictate rates) carrying over from yesterday. Trading was far les...
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