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…
Tag: Rates
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…
Rates End Week at Best Levels; Next Week Could be Huge
It was a very slow and steady week for mortgage rates. On all 5 days, the average top tier 30yr…
30yr Fixed Rates Officially Back to 6.50%
There is no singular, official primary source for mortgage rate levels. The going rate is whatever can be locked/closed at…