Mortgage Rates Technically Lower, But Effectively Flat
If we’re splitting hairs, today’s mortgage rates are half a hair lower than yesterday’s, but the average borrower might not…
Tag: Rates
Mortgage Rates Remain Unchanged After Downbeat Employment Report
Mortgage rates are based on bonds and bonds take cues from economic data. Employment-related data is particularly important. The monthly…
Mortgage Rates Continue Holding Narrow Range
Mortgage rates were just barely lower this morning versus yesterday’s latest levels, but most borrowers won’t see any major difference…
Mortgage Rates Hold Flat to Start New Week
It was an uneventful day for the bond market (and, thus, interest rates) as investors wait for clarity on this…
Cleveland Fed’s Beth Hammack on interest rates, inflation and tariffs
Federal Reserve Bank of Cleveland President Beth Hammack attends the Federal Reserve Bank of Kansas City’s 2025 Jackson Hole Economic…
Did Rates Have Anything to do With Big Surge in Home Sales?
New home sales surged in August, breaking a two-year stretch of range-bound activity. The Census Bureau and HUD reported a…
Mortgage Rates End Week as it Began
Last week was a wild one for mortgage rates with the lowest levels in nearly a year on Monday and…
Mortgage Rates Slightly Higher After Upbeat Economic Reports
Thursday was the first day of the week with any meaningful economic reports. This is important to mortgage rates because…
Mortgage Rates Fairly Flat Despite Bond Market Volatility
Over time, mortgage rate movement lines up almost perfectly with movement in the underlying bond market, but there can be…
Mortgage Rates Little Changed on Tuesday
Mortgage rates are based on bonds and bonds take their most important cues from big ticket economic reports. But such…