Powell sees inflation outlook in check, no need to hike rates because of oil shock
Federal Reserve Chair Jerome Powell, in a wide-ranging talk at Harvard University, said Monday that he sees inflation expectations as…
Tag: Rates
Mortgage Rates Inch Up to Another Long-Term High
There were mixed blessings in the mortgage rate world today. The bad news is that today’s rates are just a…
Rates Leap to Another Multi-Month High
After a somewhat hopeful day on Wednesday, mortgage rates are back to their same old tricks on Thursday. The tricks…
Rates Ease Despite Conflicting Iran War Headlines
The past 24 hours have seen multiple news stories with seemingly contradictory updates regarding the state of the Iran war.…
Highest Mortgage Rates Since August 2025
March 2026 continues to be an unpleasant month for mortgage rates–a fact almost exclusively due to the Iran war. Even…
Mortgage Rates Move Modestly Lower Amid Market Volatility
Mortgage rates are dictated by bonds and bonds had a volatile day. During overnight trading hours, bonds suggested we should…
Mortgage Rates Move Back Above 6.5%
After hitting 5.99% as recently as February 27th, top tier 30yr fixed mortgage rates are back over 6.5% for the…
Mortgage Rates Jump Back Up to 7-Month Highs
Mortgage rates hit 7-month highs last Friday, but recovered fairly nicely on the first two days of the present week.…
Fed still expects to cut rates once this year despite spiking oil prices
An eagle is seen framed though construction fence on the Marriner S. Eccles Federal Reserve Board Building, the main offices…
Mortgage Rates Move Back Up Near Recent Highs
Mortgage rates got hit 3 times on Wednesday, with the net effect being a move back up to the highest…