Recent stock market losses have gotten a lot attention in the news recently. While there’s no reliable correlation between stocks and interest rates, when stock…
Home Refinancing is Easy
Yesterday, we discussed the fact that mortgage rates were heading into Thursday with a disadvantage (for most lenders, anyway). This had to do with the…
It was a complicated day for mortgage rates. Officially, at the time of this article, the average top tier 30yr fixed rate is a hair…
With economic data being the most consistent source of motivation for rates, the market has been eager for it to return with the reopening of…
The bond market (which dictates rates) was roughly unchanged over the weekend. As such, it’s no surprise to see mortgage rates right in line with…
Mortgage rates were only modestly higher on Friday, but because of the narrow prevailing range and previous increases this week, that brings us right in…
Mortgage rates rose somewhat sharply following the late October Fed meeting but have been in a relatively narrow range so far in November. The range…
Mortgage rates are based on bond market movement and bonds are much stronger today compared to Monday. Although bonds were closed yesterday for the Veterans…
Mortgage rates went into the weekend with a small cushion thanks to movement in the bond market on Friday. Specifically, bonds improved after mortgage rates…
Wednesday’s mortgage rates were the highest in roughly a month and very close to the highest levels in 2 months. This followed stronger economic data…