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…
Tag: Rates
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…
Mortgage Rates Hold Steady With Help From Econ Data
Wednesday brought the first of this week’s two key inflation reports. While the Producer Price Index (PPI) is the lesser…
Mortgage Rates Finally Tick Slightly Higher
It had to happen at some point. After spending 4 straight days of setting new 11-month lows, mortgage rates finally…
Another 11-Month Low For Rates, But Just Barely
To their credit, most mortgage lenders did an admirable job of aggressively pricing-in the bond market rally after last Friday’s…
Mortgage Rates Plummet Back to Fall 2024 Levels
It’s a well-known fact that the monthly jobs report is more capable of causing big reactions in rates than any…
Mortgage Rates Hit Another 2025 Low Ahead of a Potentially Volatile Friday
The jobs report is the most important scheduled event each month as far as interest rates are concerned. The last…
Mortgage Rates Officially Hit 11-Month Low
October 3rd is a date that has come up many times in the past month of mortgage rate coverage. That’s…
Mortgage Rates Slightly Higher to Start September
Mortgage rates are based on bonds and bonds can do funny things on the first and last trading days of…
Mixed Mortgage Demand, But Lower Rates Should Help Next Week’s Refi Numbers
Mortgage application activity was little changed last week, with only a fractional decline in overall volume. The Mortgage Bankers Association’s…