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…
Tag: Mortgage
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…
Mortgage Rates Recover Some of This Week’s Lost Ground
After hitting the highest level in several weeks on Thursday, mortgage rates managed to move moderately lower on Friday. Counterpoint:…
Mortgage Rates Are Anything But Lower This Week
Every now and then, a Thursday comes along where we have to set the record straight on what is actually…
Yet Again, Mortgage Rates Surge Higher After Fed Rate Cut
Today was not a foregone conclusion and there was no way to know ahead of time that it would end…