Mortgage Rates Plummet Back to Fall 2024 Levels
It’s a well-known fact that the monthly jobs report is more capable of causing big reactions in rates than any…
Tag: Levels
Rates End Week at Best Levels; Next Week Could be Huge
It was a very slow and steady week for mortgage rates. On all 5 days, the average top tier 30yr…
Pending Home Sales Pull Back From Best Levels Since April 2023
The National Association of Realtors (NAR) released its Pending Home Sales Index (PHSI) for December this morning. Pending sales measures…
Existing Home Sales Inch Up to Highest Levels Since February
It’s no mystery that 2024 hasn’t been a stellar year for home sales and many other housing metrics. Today’s release…
Mortgage Rates Drop Back to Last Week’s Levels After Softer Inflation Data
We knew that today’s Consumer Price Index (CPI) was a hotly anticipated economic report that at least had the potential…
Mortgage Rates Back Down to Lowest Levels in 2 Weeks
After having a great day yesterday, mortgage rates were able to add another “good” day today. The net effect brings…