Mortgage Rates Inch Higher Yet Again
In a world (like this one) where mortgage rates are dictated by bond market movement and where bonds take cues…
Tag: Mortgage
Mortgage Rates Barely Budge
For the 11th straight business day, mortgage rates are very close to the levels from the end of the previous…
Trump calls on Federal Reserve Governor Lisa Cook to resign after she was accused of mortgage fraud
President Trump called on Federal Reserve Governor Lisa Cook to resign on Wednesday after one of his administration’s officials alleged…
Mortgage Applications Inconsequentially Lower vs Last Week
Mortgage application activity eased last week, but not in a statistically significant way. One might be inclined to note a…
Mortgage Rates Little Changed From Monday
Mortgage rates are based on bonds and bonds, and bonds have some seasonality to them. This doesn’t necessarily mean there’s…
Mortgage Apps Eke Out Small Gain Thanks to Purchase Activity
Mortgage application activity managed a modest increase last week despite slightly higher rates. The Mortgage Bankers Association’s (MBA) weekly survey…
Mortgage Rates Hold Steady After Key Inflation Report
Pundits, politicians, and everyone else can continue to assume that mortgage rates will respond to changes to the Fed Funds…
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 Flat Ahead of Next Week’s High-Stakes Data
Mortgage rates finally moved in a slightly more noticeable direction today, but the change was still inconsequential in the bigger…
Lowest Mortgage Rates Since Early October
Mortgage rates are driven by movement in the bond market and bonds take cues from economic data, among other things.…