Fed holds rates steady amid dissent
An unusually divided Federal Reserve on Wednesday held its key interest rate steady as policymakers grappled with the policy impact…
Tag: Rates
Mortgage Rates Surge Higher as US Considers a Longer Blockade
Mortgage rates jumped higher today at the fastest pace in weeks to the highest levels since March 30th. There were…
Mortgage Rates Rise to 2-Week Highs
Mortgage rates moved moderately higher today for the average lender, but not for any exciting reasons. Rather, the change has…
Mortgage Rates Perfectly Unchanged to Start New Week
Despite the elevated volatility risk heading into the weekend, mortgage rates are starting the week in exactly the same territory…
Ray Dalio says Kevin Warsh shouldn’t cut interest rates in a ‘stagflation’ era
Billionaire investor Ray Dalio warned that the U.S. economy has slipped into a stagflationary environment and said it would be…
Rates End Week Close Enough to Recent Lows
With zero change versus Thursday’s latest levels, the 30yr fixed mortgage rate index maintained a 0.03% range for the entire…
Mortgage Rates Hold Steady For Most Lenders
Thursday saw a continuation of the recent trend of very low volatility for mortgage rates. The average lender’s top-tier 30yr…
Mortgage Rates Maintaining a Tight Range Amid War-Related Uncertainty
Rates remain focused on oil prices and war-related developments. With yesterday’s ceasefire extension and today’s ambiguity over the time frame…
Highest Rates in a Week But There’s a Catch
Technically and officially, today’s average top tier 30yr fixed mortgage rate is the highest since last Monday. The catch is…
Mortgage Rates Almost Perfectly Flat to Start New Week
Despite some initial signs of volatility in financial markets over the weekend, the bond market managed to avoid losing much…