Mortgage Rates Set to End Week Much Lower
While there are still a few hours left in the trading day, it’s a near certainty that this week will…
Tag: Rates
Fed’s Bowman warns against hiking interest rates due to inflation spike
Michelle Bowman, vice chair for supervision at the US Federal Reserve, during the Federal Reserve Board Community Bank Conference in…
Mortgage Rates End Week Roughly Unchanged
Mortgage lenders rely on the bond market to generate mortgage rates. In addition to being fully closed on Monday for…
Mortgage Rates Recover After Starting Higher
After posting a decent recovery from 9-month highs yesterday, it looked like mortgage rates were destined to bounce back toward…
Mortgage Rates Recover All of Yesterday’s Losses
Wednesday brought some much-needed relief for the mortgage market after rates surged to new 9 month highs of 6.75% yesterday.…
Mortgage Rates Jump Again, Now up 0.75% Since Start of The War
It was another rough day for the bond market and, thus, for interest rates. Investors aggressively sold bonds in the…
Mortgage Rates Start Week at New 9 Month High, But Just Barely
Mortgage rates hit their highest levels in more than 9 months at the end of last week. Now today, they’ve…
Kevin Warsh comes into the Fed facing a big ‘family fight’ over cutting interest rates
Kevin Warsh, nominee for US Federal Reserve Chair, testifies during a Senate Banking Committee hearing on his nomination on Capitol…
Mortgage Rates Surge Toward 8-Month Highs
Mortgage rates are driven by bonds and the bond market hoped to see more evidence of shift toward peace during…
Mortgage Rates Move Moderately Lower
May continues to be a more volatile month than the bulk of April when it comes to day over day…