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…
Tag: Rates
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…
Lowest Mortgage Rates Since Early October
Mortgage rates are driven by movement in the bond market and bonds take cues from economic data, among other things.…
Mortgage Applications Fall as Rates Held Near Highs
Mortgage application activity fell last week, reversing prior momentum and highlighting continued softness in both purchase and refinance demand. The…
Mortgage Rates Hold Near July Lows Ahead of Jobs Report
Mortgage rates went to bed last night knowing that the bond market would need to improve in the morning in…
Mortgage Rates End Week Unchanged. Next Week, Probably Not…
Mortgage Rates End Week Unchanged. Next Week, Probably Not… It’s no great secret that the outgoing week didn’t…
High Prices and Rates Keep Home Sales Near Cycle Lows
Two months ago, existing home sales hit a five-month low. Last month’s report showed a minor rebound. This month’s update,…