{"id":1023,"date":"2025-03-07T14:14:55","date_gmt":"2025-03-07T14:14:55","guid":{"rendered":"https:\/\/finzexpert.com\/blog\/mortgage-rates-higher-for-3rd-straight-day\/"},"modified":"2025-03-07T14:14:55","modified_gmt":"2025-03-07T14:14:55","slug":"mortgage-rates-higher-for-3rd-straight-day","status":"publish","type":"post","link":"https:\/\/finzexpert.com\/blog\/mortgage-rates-higher-for-3rd-straight-day\/","title":{"rendered":"Mortgage Rates Higher For 3rd Straight Day"},"content":{"rendered":"<p> <\/p>\n<div>\n<p>You may see conflicting news about mortgage rates today, depending on where you look. Weekly surveys, such as Freddie Mac&#8217;s, are showing a fairly big drop from last week. That was indeed the case over the 5 business days of the weekly survey, but that data is now quite stale.\u00a0\u00a0<\/p>\n<p>More timely rate metrics show the average lender raising rates over the past 3 days. This is no surprise considering bond yields are higher over the same time frame (mortgage rates almost always move the same direction as bonds yields, specifically 5yr and 10yr Treasuries).\u00a0<\/p>\n<p>Rates have moved higher even as stocks continue lower&#8211;a good reminder for anyone who was counting on ongoing stock losses to keep fueling the rate rally. As we often discuss, The correlation between stocks and bonds\/rates can come and go for a variety of reasons, but economic data almost always matters when it comes to rates.\u00a0<\/p>\n<p>With several recent reports painting a less dire economic picture, rates have taken the opportunity to pause the exuberant decline that started 3 weeks ago in earnest, but they&#8217;re still much lower than they have been for most of the year with the exception of the past several days.<\/p>\n<p><iframe class=\"article-chart\" src=\"https:\/\/www.mortgagenewsdaily.com\/charts\/embed\/mtg-rates-thirty-year-full\"><\/iframe><\/p>\n<p>Tomorrow&#8217;s jobs report is the most important economic data of the week in terms of potential rate volatility.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>You may see conflicting news about mortgage rates today, depending on where you look. Weekly surveys, such as Freddie Mac&#8217;s, are showing a fairly big drop from last week. That was indeed the case over the 5 business days of the weekly survey, but that data is now quite stale.\u00a0\u00a0 More timely rate metrics show [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1024,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[384,152,212,153,154,385],"class_list":["post-1023","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loan","tag-3rd","tag-day","tag-higher","tag-mortgage","tag-rates","tag-straight"],"_links":{"self":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/1023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/comments?post=1023"}],"version-history":[{"count":0,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/1023\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media\/1024"}],"wp:attachment":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media?parent=1023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/categories?post=1023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/tags?post=1023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}