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.…
Tag: Mortgage
Mortgage Applications Fall as Rates Held Near Highs
Mortgage application activity fell last week, reversing prior momentum and highlighting continued softness in both purchase and refinance demand. The…
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…
Mortgage Rates End Week Unchanged. Next Week, Probably Not…
Mortgage Rates End Week Unchanged. Next Week, Probably Not… It’s no great secret that the outgoing week didn’t…
Mortgage Rates Tick Higher, But Just Barely
It’s been a pretty good run for mortgage rates since hitting their most recent highs last Tuesday. Each subsequent day…
Rising Rates Hit Mortgage Apps, But Pace Remains Better Than 2024
Mortgage application activity dropped sharply last week as rates moved higher, according to the Mortgage Bankers Association’s (MBA) latest survey.…
Mortgage Rates Barely Budge Today and This Week
While any rate watcher’s bingo card should always have a few squares devoted to “unchanged, flat, etc.,” this week’s had…
Mortgage Applications Buoyed by FHA Refis
Mortgage application activity moved slightly higher last week despite a modest uptick in rates, according to the Mortgage Bankers Association’s…
Mortgage Rates Move Higher Despite Decent Inflation Reading
Mortgage rates are based on bonds and bonds don’t like inflation. When inflation reports are higher than the market expected,…
Big Jump in Mortgage Demand, But Rates Are Already Rising Again
Mortgage application activity bounced higher last week following a drop in rates to the lowest levels in 3 months. The…