Mortgage Rates Hold Steady Yet Again as Data Returns
With economic data being the most consistent source of motivation for rates, the market has been eager for it to…
Tag: Mortgage
Mortgage Rates Hold Steady to Begin New Week
The bond market (which dictates rates) was roughly unchanged over the weekend. As such, it’s no surprise to see mortgage…
Mortgage Rates Near The Top of Recent Range
Mortgage rates rose somewhat sharply following the late October Fed meeting but have been in a relatively narrow range so…
Mortgage Rates Only Modestly Lower Despite Bond Market Improvement
Mortgage rates are based on bond market movement and bonds are much stronger today compared to Monday. Although bonds were…
Trump proposes 50-year mortgage, but homeowner savings could be minimal
In another attempt to make homebuying more affordable, President Donald Trump floated the idea of a 50-year mortgage in a…
Mortgage Rates Edge Higher But Remain in November Range
Mortgage rates went into the weekend with a small cushion thanks to movement in the bond market on Friday. Specifically,…
Mortgage Rates Rise Gently, But Still Well Below This Week’s Highs
Wednesday’s mortgage rates were the highest in roughly a month and very close to the highest levels in 2 months. …
Nice Little Recovery For Mortgage Rates
As of yesterday afternoon, mortgage rates were right in line with the highest levels in more than a month. The…
Mortgage Rates Near 2-Month Highs After Today’s Econ Data
A common recent refrain is that the bond market (which dictates interest rates) is having to make do without many…
Mortgage Rates Hold Steady Near Recent Highs
The average top tier 30yr fixed mortgage rate was technically 0.01% higher than yesterday, but that’s the smallest possible detected…