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…
Tag: Mortgage
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…
Highest Mortgage Rates of The Week, Just Barely
Yesterday, we characterized the prevailing mortgage rate momentum as “broadly sideways,” and while that’s still very true in the bigger…
Mortgage Rates Continue Higher For Third Straight Day
For the entire 2nd half of June, it was easy to be spoiled by the absence of volatility in mortgage…
Mortgage Rates Rose Less Than Expected After Employment Data
Today brought the hotly anticipated jobs report. This is the “official” job count and unemployment rate data for the U.S.…
Mortgage Rates Not Too Far From 8 Month Lows
Friday’s mortgage rates ended up being right in line with Thursday’s on average. At 6.72%, the MND daily rate index…
Mortgage Rates Hold Steady
With Thursday being a federal holiday, banks (and more importantly, the underlying market for mortgage related bonds) were closed. This…
Mortgage Rates Slightly Lower Ahead of Fed Day
Mortgage rates continue operating in a narrow range with almost every day of the past two months falling between 6.8…