Mortgage Rates Near 1-Year Highs
Interest rates are based on bonds. Because the bonds underlying the average mortgage are fixed rate, inflation is the enemy.…
Tag: Rates
Rates Recover Modestly
Mortgage rates were rapidly approaching 10-month highs as of yesterday afternoon. They managed a friendly bounce today, but it was…
Mortgage Rates Back Up Near 10-Month Highs
Mortgage rates have moved higher at a moderate pace over the past 2 days as tensions between The U.S. and…
Fed minutes June 2026: officials split on rates
Federal Reserve officials were split last month about the future of interest rates, with policymakers entertaining scenarios in either direction,…
With minutes due, Fed’s ‘family fight’ over interest rates could drag on
Divided Federal Reserve officials indicated at their last meeting that they will address persistent inflation this year with one interest…
Rates Move Back Up With Oil Prices
It’s been a while since oil prices were the focal point of the interest rate conversation, but that recently familiar…
Mortgage Rates Start New Week Flat
Volatility is always a risk surrounding 3 day holiday weekends when it comes to markets and mortgage rates, but this…
Mortgage Rates Recover Somewhat
Today is a half day for financial markets, which is a typical feature of a federal holiday weekend. Because tomorrow…
Mortgage Rates Jump to Highest Levels in a Week
In a real sense, today’s rate update is more of an addendum to yesterday’s rate update. Yesterday afternoon saw heavy,…
Mortgage Rates Edge Modestly Higher
Starting last Thursday, mortgage rates have barely budged. In terms of our 30yr fixed index, the maximum day-over-day change has…