Mortgage Rates Near 3 Year Lows Ahead of Fed
Mortgage rates dropped sharply lower today relative to the amount of movement in the underlying bond market with the average…
Tag: Lows
Mortgage Rates Move Back to Long-Term Lows
Today’s inflation report (the Consumer Price Index or CPI) certainly had a chance to create volatility for rates, but things…
Mortgage Rates Back in Line With Long-Term Lows
Mortgage rates tend to move at least a little every day although they haven’t been moving too much in the…
Mortgage Rates Edge Slightly Higher From Long-Term Lows
After last week’s Jackson Hole speech from Fed Chair Powell, rates fell to their lowest levels since October 3rd, 2024,…
Mortgage Rates Hit New 10 Month Lows
October 3rd, 2024 continues to be the day to beat when it comes to mortgage rates hanging out at 10…
Highest Rates This Week, But Close Enough to Long Term Lows
Friday proved to be the weakest day of the week for the underlying bond market and, thus, the highest day…
Refi Demand Surged as Rates Hit Longer-Term Lows
Mortgage application activity surged last week as sharply lower mortgage rates boosted refinance demand and gave purchase applications a modest…
Mortgage Rates Hold Near July Lows Ahead of Jobs Report
Mortgage rates went to bed last night knowing that the bond market would need to improve in the morning in…
High Prices and Rates Keep Home Sales Near Cycle Lows
Two months ago, existing home sales hit a five-month low. Last month’s report showed a minor rebound. This month’s update,…
Mortgage Rates Not Too Far From 8 Month Lows
Friday’s mortgage rates ended up being right in line with Thursday’s on average. At 6.72%, the MND daily rate index…