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…
Tag: Rates
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…
Mortgage Rates Hit Another 2025 Low
It continues to be the case that day-to-day changes in average mortgage rates are very small. Today was no exception…
Mortgage Rates Back in Line With Long-Term Lows
Mortgage rates tend to move at least a little every day although they haven’t been moving too much in the…
Mortgage Rates Edge Slightly Higher From Long-Term Lows
After last week’s Jackson Hole speech from Fed Chair Powell, rates fell to their lowest levels since October 3rd, 2024,…