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. ...
Tue, Sep 19 2017, 4:36 PM
Mortgage rates remained unchanged today, on average. This keeps them in line with their highest levels in more than a month, though admittedly, there ...
Mon, Sep 18 2017, 3:55 PM
Mortgage rates resumed their recent uptrend today, after taking a quick break to end the week last Friday. The result is another push up to the highes...
Fri, Sep 15 2017, 4:41 PM
Mortgage rates were steady to slightly lower on average today, confirming the end of a somewhat abrupt correction from last week's 2017 lows. In other...
Thu, Sep 14 2017, 2:51 PM
Mortgage rates moved higher today, despite resilience in underlying bond markets. If you were to ask bonds, they'd vote for rates remaining flat--well...
Wed, Sep 13 2017, 3:13 PM
Mortgage rates held steady today, and were slightly lower in some cases. That's not entirely logical at first glance because the bonds that dictate mo...
Tue, Sep 12 2017, 4:10 PM
Mortgage rates continued higher at a reasonably abrupt pace today as last week's themes have been completely reversed. What themes are those? Generall...
Mon, Sep 11 2017, 5:22 PM
Mortgage rates finally had a bad day , but everything's relative. This sort of bad day leaves the average lender quoting rates that would have been th...
Fri, Sep 8 2017, 4:58 PM
Mortgage rates were slightly lower today, despite moderate weakness in underlying bond markets. This would typically coincide with higher rates, but m...
Thu, Sep 7 2017, 3:06 PM
Mortgage rates didn't move much today, despite plenty of strength in underlying bond markets. This would normally coincide with lower rates, so what's...
Wed, Sep 6 2017, 4:55 PM
Mortgage rates moved lower this morning, more by way of catching up with yesterday's market movement than anything. Specifically, bond markets (which ...
Tue, Sep 5 2017, 4:04 PM
Mortgage rates moved lower today on a combination of factors. Chief among these were headlines over the weekend concerning more North Korean weapons t...
Fri, Sep 1 2017, 2:24 PM
Mortgage rates were sideways to slightly higher today despite a weak reading of the Employment Situation (aka "the jobs report"). This is traditionall...
Thu, Aug 31 2017, 4:35 PM
Mortgage rates moved lower today--something they've been more likely to do in general since early July. The gradual downtrend brought them to their be...
Wed, Aug 30 2017, 4:32 PM
Mortgage rates were technically higher today vs yesterday, but unless you've been following day-to-day movements under a microscope, you probably won'...
Tue, Aug 29 2017, 6:00 PM
It's one thing for the highly competitive environment of "rate table" advertising (where lenders compete and you get confused) to be reporting mortgag...
Mon, Aug 28 2017, 5:32 PM
Mortgage rates held steady today, as the news cycle was dominated by Hurricane Harvey. That's not to say that natural disasters prevent movement in mo...
Fri, Aug 25 2017, 3:25 PM
Mortgage rates were unchanged today, on average. Some lenders were slightly better, others were slightly worse, but none were very far from yesterday'...
Thu, Aug 24 2017, 2:35 PM
Mortgage rates haven't moved much at all recently. While that leaves us little to talk about if we're examining rate changes on a daily basis, it's a ...
Wed, Aug 23 2017, 4:54 PM
Mortgage rates reversed yesterday's move today, falling back in line with recent lows--also the lowest levels since November 2016. At this time of yea...
Tue, Aug 22 2017, 2:56 PM
Mortgage rates rose today, but by a small enough amount that it shouldn't crush too many hopes and dreams. For all intents and purposes, rates remain ...
Mon, Aug 21 2017, 4:10 PM
Mortgage rates held steady to start the new week. This keeps them in line with the best levels since November 2016. There were no interesting developm...
Fri, Aug 18 2017, 7:54 PM
Mortgage rates moved lower again. Drama surrounding the Trump administration was also present. But this time around, the political theater wasn't resp...
Thu, Aug 17 2017, 5:17 PM
Mortgage rates fell yesterday in response to a tweet about Trump disbanding his councils of CEOs. Twitter was in play again today . This time around i...
Wed, Aug 16 2017, 5:05 PM
Mortgage rates dropped today after news broke (first rumors, then confirmation via Twitter) that President Trump was disbanding his councils of CEOs. ...
Tue, Aug 15 2017, 3:21 PM
Mortgage rates continued higher today as markets reacted to news that North Korea would tactically abstain from launching nuclear weapons at Guam beca...
Mon, Aug 14 2017, 4:29 PM
Mortgage rates rose moderately today as weekend news headlines suggested some measure of de-escalation of nuclear tensions between the US and North Ko...
Fri, Aug 11 2017, 5:40 PM
Mortgage rates held near the lowest levels since November 2016 today, after a key economic report showed subdued inflation. The Consumer Price Index (...
Thu, Aug 10 2017, 3:39 PM
Mortgage rates remained in line with 2017's lows today, despite noticeable improvement in underlying bond markets. Under normal circumstances, bond ma...
Wed, Aug 9 2017, 5:32 PM
Mortgage rates fell to new lows for the year today, following the North Korea nuclear threat headlines. In truth, the preceding sentence gives too muc...
Tue, Aug 8 2017, 6:50 PM
Mortgage rates moved microscopically lower today, keeping them in line with the best levels in more than a month. The caveat is that there really hasn...
Mon, Aug 7 2017, 5:30 PM
Mortgage rates were generally unchanged today, compared to Friday afternoon's latest levels. Only a handful of lenders responded to strength in bond m...
Fri, Aug 4 2017, 5:26 PM
While it was far from a dramatic move mortgage rates ticked slightly higher after today's Employment Situation data, otherwise known simply as "the jo...
Thu, Aug 3 2017, 3:28 PM
Mortgage rates moved just slightly lower today, bringing them to the best levels in over a month for the 2nd time this week. While that sounds somewha...
Wed, Aug 2 2017, 4:27 PM
Mortgage rates held steady today, keeping them in line with the best levels in just over a month. That means the best-qualified borrowers putting more...
Tue, Aug 1 2017, 3:27 PM
Mortgage rates continued lower today, matching the best levels in just over a month. Prospective borrowers are increasingly seeing conventional 30yr f...
Mon, Jul 31 2017, 4:43 PM
Mortgage rates moved modestly lower today, despite an absence of improvement in underlying bond markets. Rates typically rise in this scenario, but th...
Fri, Jul 28 2017, 5:16 PM
Mortgage rates were generally flat today, despite improvements in underlying bond markets. Although several lenders did offer price improvements throu...
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