Lowest Rates of The Year (Barely) After Powell Speech
Heading into the week, Fed Chair Powell’s speech at the Fed’s annual Jackson Hole Symposium was only event on the…
Tag: Rates
Mortgage Rates Inch Higher Yet Again
In a world (like this one) where mortgage rates are dictated by bond market movement and where bonds take cues…
Mortgage Rates Barely Budge
For the 11th straight business day, mortgage rates are very close to the levels from the end of the previous…
Mortgage Rates Little Changed From Monday
Mortgage rates are based on bonds and bonds, and bonds have some seasonality to them. This doesn’t necessarily mean there’s…
Rates Trickle to Another Higher Low
Mortgage rates are as high as they’ve been on almost any other day this month. You’d have to go back…
Highest Rates This Week, But Close Enough to Long Term Lows
Friday proved to be the weakest day of the week for the underlying bond market and, thus, the highest day…
Refi Demand Surged as Rates Hit Longer-Term Lows
Mortgage application activity surged last week as sharply lower mortgage rates boosted refinance demand and gave purchase applications a modest…
Mortgage Rates Hold Steady After Key Inflation Report
Pundits, politicians, and everyone else can continue to assume that mortgage rates will respond to changes to the Fed Funds…
Falling Rates Spark Modest Rebound in Mortgage Applications
Mortgage application activity rebounded last week as falling rates boosted both purchase and refinance demand. The Mortgage Bankers Association’s weekly…
Mortgage Rates Flat Ahead of Next Week’s High-Stakes Data
Mortgage rates finally moved in a slightly more noticeable direction today, but the change was still inconsequential in the bigger…