Tue, Apr 16 2019, 4:22 PM
Mortgage rates rose again today, albeit at a slightly slower clip compared to yesterday. Still, that's little consolidation considering this is the 4t...
Mon, Apr 15 2019, 5:25 PM
Mortgage rates continued higher to start the week, following a relatively sharp increase on Friday. Interestingly enough, the underlying bond market w...
Fri, Apr 12 2019, 5:19 PM
Mortgage rates rose fairly quickly on Friday, depending on the lender and the scenario. Bonds (which dictate mortgage rates and interest rates in gene...
Thu, Apr 11 2019, 5:41 PM
Mortgage rates were arguably flat today for the average lender although a few were slightly higher or lower depending on their offerings from yesterda...
Wed, Apr 10 2019, 4:33 PM
Mortgage rates dropped today. It wasn't a huge move, but they didn't have to go very far to get to the best levels of the month. To be fair, many pros...
Tue, Apr 9 2019, 4:45 PM
Mortgage rates were flat-to-slightly-higher yet again today. Whereas that depended on the lender yesterday, today's weakness was more universal. That'...
Mon, Apr 8 2019, 6:05 PM
Mortgage rates were flat-to-slightly-higher today, depending on the lender and the time of day. Why would the time of day matter? Mortgage rates are b...
Fri, Apr 5 2019, 4:08 PM
Mortgage rates moved lower today following a mixed report on the US labor market. The once-a-month Employment Situation (the official name for the "jo...
Thu, Apr 4 2019, 4:21 PM
Mortgage rates barely budged today after hitting the highest levels in more than a week yesterday. In general, the bond market (which dictates rate mo...
Wed, Apr 3 2019, 3:56 PM
Mortgage rates resumed a week-long move higher today, bringing them to the highest levels since March 19th or 20th, depending on the lender. Between n...
Tue, Apr 2 2019, 4:46 PM
Mortgage rates spiked quickly yesterday, moving up to the highest levels in more than a week and adding an eighth of a percentage point (.125%) to Fri...
Mon, Apr 1 2019, 4:53 PM
Mortgage rates spiked quickly today, capping a 3-day run leading back up from the lowest levels in more than a year. Today's move was by far the bigge...
Fri, Mar 29 2019, 3:18 PM
Mortgage rates were higher again today, making this the first confirmed bounce since beginning their stellar run last week. To be clear, rates have be...
Thu, Mar 28 2019, 4:25 PM
Mortgage rates moved higher by a measurable amount today--the first time they've done such a thing in nearly a month! Even after the modest increase, ...
Wed, Mar 27 2019, 4:29 PM
Mortgage rates moved lower for the 6th straight day , bringing them very close to the best levels since late 2017. Perhaps more impressive (or telling...
Tue, Mar 26 2019, 4:26 PM
Mortgage rates took the day to do just a little bit more of what they've been doing in fairly grand fashion for the past week: MOVE LOWER! When the go...
Mon, Mar 25 2019, 5:20 PM
Mortgage rates continued deeper into long-term lows today as the underlying bond market experiences its most impressive rally of the year. In a rally,...
Fri, Mar 22 2019, 5:30 PM
At the end of last week, the average top-tier 30yr fixed mortgage rate quote was 4.375%. As of today, the exact same scenario would be at 4.125%--a qu...
Thu, Mar 21 2019, 5:13 PM
Granted, we're not back to the sub-4% mortgage rates that dominated much of the past 8 years, but breaking into the high 3% range is a valid considera...
Wed, Mar 20 2019, 5:30 PM
Mortgage rates broke a week-long streak of silence today following a policy announcement from the Federal Reserve. Even before today's Fed announcemen...
Tue, Mar 19 2019, 3:48 PM
Mortgage rates were flat for the 4th day in a row today in a sign that investors have largely taken their seats for tomorrow's big show. The Fed will ...
Mon, Mar 18 2019, 4:30 PM
Mortgage rates didn't budge today--a logical result with no signs of life in underlying bond markets. In the current case, this is just fine with us c...
Fri, Mar 15 2019, 3:49 PM
Mortgage rates remained at recent lows today, as underlying bond markets strengthened. For US Treasuries, this brought rates to new multi-month lows. ...
Thu, Mar 14 2019, 4:41 PM
Mortgage rates held steady today, despite moderate weakness in underlying bond markets. This occurred for two reasons. First, yesterday saw bond marke...
Wed, Mar 13 2019, 4:42 PM
Mortgage rates were officially lower today, despite some weakness in the bond market. In general, bond market weakness coincides with rates moving hig...
Tue, Mar 12 2019, 3:52 PM
Mortgage rates dropped convincingly today, bringing them to new long-term lows. The average lender hasn't offered anything lower for more than a year ...
Mon, Mar 11 2019, 3:59 PM
Mortgage rates were roughly unchanged to begin the week. That means they are staying in line with the lowest levels in more than a year. Only 2 or 3 d...
Fri, Mar 8 2019, 3:50 PM
Yesterday, we talked about how mortgage rates were actually lower this week, despite some news coverage to the contrary, and how that discrepancy was ...
Thu, Mar 7 2019, 4:53 PM
Mortgage rates dropped noticeably today, as the underlying bond market benefited from overseas developments. The European Central Bank (ECB) is Europe...
Wed, Mar 6 2019, 4:42 PM
Mortgage rates improved again today, bringing them back to the lowest levels seen since last Thursday morning. Starting last Wednesday, we saw a fairl...
Tue, Mar 5 2019, 4:55 PM
After a pretty rough conclusion last week, yesterday's stability was a welcome change for mortgage rates at the start of the new week. Today made thin...
Mon, Mar 4 2019, 3:40 PM
Mortgage rates finally caught their breath today after rising quickly in the second half of last week. Specifically, the average lender managed to avo...
Fri, Mar 1 2019, 4:15 PM
Mortgage rates surged again today as the underlying bond market continued to capitulate to selling pressure. Let's talk about what that means in plain...
Thu, Feb 28 2019, 6:00 PM
Mortgage rates moved quickly higher today following stronger-than-expected economic data. Rates are driven by the bond market. Bonds are safe-haven as...
Wed, Feb 27 2019, 5:54 PM
At one point today, there were three apparently important events dominating the newswires simultaneously. These included the Fed Chair's congressional...
Tue, Feb 26 2019, 4:41 PM
Whereas mortgage rates were almost undetectably higher yesterday, they were lower by roughly the same insignificant amount today. In either case, and ...
Mon, Feb 25 2019, 3:24 PM
Mortgage rates were very nearly unchanged today, although the average lender was just slightly higher. Investors reacted to news over the weekend that...
Fri, Feb 22 2019, 6:12 PM
Mortgage rates are most directly affected by the day to day movement in the bond market. It's interesting to consider that bonds improved quite a bit ...
Thu, Feb 21 2019, 4:03 PM
Mortgage rates may be close to their lowest levels in more than a year, but they were slightly higher versus yesterday. Yesterday's rates were close e...
Wed, Feb 20 2019, 4:46 PM
Mortgage rates finally broke from their recent "back-and-forth" pattern of the past 7 business days and moved lower for the 2nd day in a row . Althoug...
Tue, Feb 19 2019, 3:47 PM
Mortgage rates fell modestly today, making it the 7th straight business day where they've moved in the opposite direction from the previous day. This ...
Fri, Feb 15 2019, 3:01 PM
Mortgage rates were slightly higher today, marking the 6th day in a row where they've reversed course versus the previous day. This is the sort of beh...
Thu, Feb 14 2019, 4:43 PM
Mortgage rates recovered today after rising to the highest levels in a week as of yesterday. The improvement followed a much-weaker-than-expected Reta...
Wed, Feb 13 2019, 4:41 PM
Mortgage rates hadn't changed much over the past few business days, even though they arguably should have moved a bit higher yesterday. That made toda...
Tue, Feb 12 2019, 4:32 PM
Mortgage rates were roughly unchanged yet again today, although the average lender was charging microscopically higher fees compared to yesterday. The...
Mon, Feb 11 2019, 3:55 PM
Mortgage rates held their ground fairly well today, despite the fact that underlying bond markets were weaker. Bond market weakness is associated with...
Fri, Feb 8 2019, 5:36 PM
Mortgage rates may not be quite as low as they were on January 31st, but they nonetheless managed to end at the lowest levels of this week . Unlike Ja...
Thu, Feb 7 2019, 5:37 PM
Thursday plays host to vastly more mortgage rate articles than any other day of the week. This has to do with the regular weekly release of Freddie Ma...
Wed, Feb 6 2019, 2:47 PM
Mortgage rates moved lower for the second straight day after rising moderately on Friday and Monday. This brings the average lender to the second lowe...
Tue, Feb 5 2019, 5:03 PM
Mortgage rates stabilized today, after moving higher somewhat quickly following several strong economic reports on Friday. If you'd like to revisit th...