Another 2-Month Low For Mortgage Rates After Modest Drop
Wednesday had the potential to cause bigger volatility for rates due to the confluence of several important economic reports. If…
Tag: Modest
Existing Home Market Still Crawling Along The Bottom Despite Modest Bounce
After sliding back in June, existing-home sales picked up in July. The latest update, released August 21, shows a modest…
Falling Rates Spark Modest Rebound in Mortgage Applications
Mortgage application activity rebounded last week as falling rates boosted both purchase and refinance demand. The Mortgage Bankers Association’s weekly…
Mortgage Rates End Week Lower Despite Friday’s Modest Bounce
Friday brought the release of the big jobs report which is historically more likely than any other monthly economic report…
Modest Refi Surge Was Fun While it Lasted
Heading into the first part of December, mortgage rates were at their lowest levels in a month and a half. …
Mortgage Rates Make a Modest Recovery Ahead of Important Inflation Data
Mortgage rates officially hit the highest levels since May 2024 yesterday, even though the average was almost imperceptibly higher than…