Mortgage Rates Little Changed on Tuesday
Mortgage rates are based on bonds and bonds take their most important cues from big ticket economic reports. But such…
Tag: Mortgage
Mortgage Rates Roughly Unchanged to Start New Week
After hitting the lowest levels in nearly a year (and nearly the lowest levels in 3 years) last Tuesday, rates…
Biggest Jump in Mortgage Applications Since 2021
What a difference a week makes for mortgage application demand. As we noted last week, mortgage rates were already trending…
Mortgage Rates Finally Level Off After 2-Day Rout
Officially, our daily mortgage rate index is a hair lower today than it was yesterday. Your mileage may vary depending…
If You’re One of Those People Asking How Much Lower Your Mortgage Rate Quote is After Fed Day, This is Required Reading
If You’re One of Those People Asking How Much Lower Your Mortgage Rate Quote is After Fed Day, This…
Mortgage Rates HIGHER (Not Lower) After Fed Rate Cut
Several things happen on Fed Day–especially on the 4 out of 8 examples with updated rate forecasts from Fed members. …
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…
Mortgage Rates Start Week at Another Long-Term Low
Mortgage rates have done almost nothing but move lower over the past 4 months. The first Fridays in August and…
Mortgage Rates Were Flat All Week No Matter What Other News Suggests
The underlying bond market (which dictates the rates offered by mortgage lenders) weakened moderately overnight. Weaker bonds equate to higher…
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…