Mortgage Rates Stage Moderate Recovery From Long-Term Highs
Our daily 30yr fixed rate index hit 6.75% yesterday. This matched the high from May 19th and is the highest…
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Our daily 30yr fixed rate index hit 6.75% yesterday. This matched the high from May 19th and is the highest…
Interest rates are based on bonds. Because the bonds underlying the average mortgage are fixed rate, inflation is the enemy.…
Mortgage rates have moved higher at a moderate pace over the past 2 days as tensions between The U.S. and…
Mortgage rates gave back the improvement seen last Thursday and broke above last Wednesday’s levels to hit the highest mark…
Piper Sandler isn’t buying the talk that an Iran deal is nearing, telling clients that the Strait of Hormuz will…
Mortgage rates are driven by bonds and the bond market hoped to see more evidence of shift toward peace during…
Mortgage rates rose somewhat sharply yesterday to match the highest level since March 27th. They’re just a hair higher today,…
Gas prices over $6.00 are displayed at a Shell station across from the Marathon Petroleum Corp’s Los Angeles Refinery on…
Mortgage rates moved moderately higher today for the average lender, but not for any exciting reasons. Rather, the change has…
Mortgage rates hit 7-month highs last Friday, but recovered fairly nicely on the first two days of the present week.…