Tue, Apr 17 2018, 4:07 PM
Mortgage rates had a calm day. Lenders who had offered improved rate sheets yesterday afternoon didn't see much reason to drop rates any further today...
Mon, Apr 16 2018, 4:38 PM
Mortgage rates began the day at higher levels, as bond markets lost ground overnight. Bonds dictate rates, and "losing ground" means bond prices are f...
Fri, Apr 13 2018, 3:52 PM
Mortgage rates were slightly higher for most lenders today even though underlying bond markets suggested the opposite. This is partly a timing issue. ...
Thu, Apr 12 2018, 6:29 PM
A day after hitting the lowest levels in more than 2 months, mortgage rates bounced back up today. The good news is that they didn't land too far from...
Wed, Apr 11 2018, 3:16 PM
Mortgage rates technically hit the lowest levels in 2 months today. The catch is that they were already pretty close and that today's improvement wasn...
Tue, Apr 10 2018, 4:21 PM
Mortgage rates were roughly unchanged again today. Some lenders were slightly higher in rate, but not enough to affect the average. Underlying bond ma...
Mon, Apr 9 2018, 4:40 PM
Mortgage rates were steady to slightly higher to begin the new week, depending on the lender. Even in cases where rates rose, the increase was modest ...
Fri, Apr 6 2018, 4:49 PM
Mortgage rates moved back down to yesterday's levels after a much weaker read on job creation from the Labor Department. In general, weak economic dat...
Thu, Apr 5 2018, 4:22 PM
Mortgage rates moved slightly higher today as trade war fears waned for financial markets. There's not a direct connection between trade issues and mo...
Wed, Apr 4 2018, 3:56 PM
Mortgage rates were sideways to slightly lower today, depending on the lender. That presents something of an opportunity because underlying bond marke...
Tue, Apr 3 2018, 4:17 PM
Mortgage rates didn't move much today, on average, even though underlying bond markets suggested a move higher. We talked about the stock/bond relatio...
Mon, Apr 2 2018, 5:02 PM
Mortgage rates moved lower today as underlying bond markets generally followed a much bigger move in stocks. It's a common misconception that stocks a...
Thu, Mar 29 2018, 2:28 PM
Mortgage rates were generally unchanged today, although a few lenders offered slight improvements. This stands in contrast to the noticeable improveme...
Wed, Mar 28 2018, 4:35 PM
Mortgage rates were sideways to slightly lower today, keeping/bringing them in line with the lowest levels in roughly 2 weeks (depending on the lender...
Tue, Mar 27 2018, 4:51 PM
As of yesterday, it looked like mortgage rates would be more interested in staying in a narrow, sideways range for the holiday-shortened Spring Break/...
Mon, Mar 26 2018, 4:17 PM
Mortgage rates moved sideways to slightly higher today, keeping them in an exceptionally narrow range that's persisted for the entire month of March. ...
Fri, Mar 23 2018, 4:57 PM
Mortgage rates were just barely higher in many cases today, although underlying bond markets recovered enough ground by the afternoon to suggest Monda...
Thu, Mar 22 2018, 5:04 PM
Mortgage rates continued lower today on a combination of global reaction to yesterday's Fed Announcement and apprehension over new tariffs on China. T...
Wed, Mar 21 2018, 5:22 PM
Mortgage rates rose to new 4-year highs this morning as lenders took a defensive stance ahead of the afternoon's Fed Announcement. The caution proved ...
Tue, Mar 20 2018, 3:30 PM
Mortgage rates rose to the highest levels in more than a week today, but that's the most dramatic way to put it. In terms of outright movement, today ...
Mon, Mar 19 2018, 4:17 PM
Mortgage rates have been on a tear recently , moving sideways with reckless abandon. Since the middle of February, the "effective rate" (based on actu...
Fri, Mar 16 2018, 5:12 PM
Mortgage rates rose modestly today, but many lenders were essentially unchanged compared to yesterday's latest offerings. Moreover, rates ended the we...
Thu, Mar 15 2018, 4:19 PM
Mortgage rates held steady today as political headlines helped to offset some initial weakness in bond markets. When bonds weaken, rates tend to move ...
Wed, Mar 14 2018, 3:42 PM
Mortgage rates fell again today as several economic updates painted a slightly gloomier picture. In general, weaker economic data coincides with lower...
Tue, Mar 13 2018, 4:15 PM
Mortgage rates fell today following a tame read on inflation as well as the announcement of Rex Tillerson's departure from the White House. The Consum...
Mon, Mar 12 2018, 4:44 PM
Mortgage rates spent the entirety of last week at the same levels based on end-of-day rates sheets from the average lender. That was a tremendously un...
Fri, Mar 9 2018, 3:53 PM
Mortgage rates must really like being where they are right now, because they've been at roughly the same levels for the past 5 days! Not only is this ...
Thu, Mar 8 2018, 5:46 PM
Mortgage rates were generally unchanged for the 3rd day in a row today despite a fair amount of movement in underlying bond markets. Rates reacted to ...
Wed, Mar 7 2018, 3:49 PM
Mortgage rates stayed fairly close to yesterday's levels as underlying bond markets experienced some volatility throughout the course of the day. If m...
Tue, Mar 6 2018, 5:59 PM
Mortgage rates moved higher again today, but not because of anything that happened today. Rather, it was yesterday's bond market weakness that did the...
Mon, Mar 5 2018, 4:26 PM
Mortgage rates ended higher today, after financial markets reacted to developments in last week's tariff-related news. Last Thursday, stock prices and...
Fri, Mar 2 2018, 7:07 PM
Mortgage rates snapped back toward recent highs today. Part of this has to do with how well rates have done over the past 3 weeks. Granted, rates have...
Thu, Mar 1 2018, 5:40 PM
Mortgage rates moved lower today--somewhat significantly relative to recent examples--ultimately hitting the best levels in more than a week for most ...
Wed, Feb 28 2018, 3:55 PM
After moving back up to the highest levels in more than 4 years yesterday, mortgage rates fell slightly today. Pessimists/realists would rightfully po...
Tue, Feb 27 2018, 4:38 PM
It was a good run for mortgage rates , relative to the rest of 2018, but after spending 3 days in a row with mild-to-moderate improvements, rates quic...
Mon, Feb 26 2018, 6:52 PM
Mortgage rates fell for the third day in a row--the first time that's happened so far in 2018! Much like last week was slightly less spectacular than ...
Fri, Feb 23 2018, 4:45 PM
Mortgage rates fell again for the second straight day--something that has only happened a few other times so far this year. On an even brighter note, ...
Thu, Feb 22 2018, 4:48 PM
Mortgage rates fell modestly today as underlying bond markets experienced a rare absence of volatility. Rather than view this as some sort of turning ...
Wed, Feb 21 2018, 5:35 PM
Mortgage rates continued higher today following the release of the Minutes from the Federal Reserve's (aka "The Fed") most recent policy meeting. The ...
Tue, Feb 20 2018, 4:54 PM
Mortgage rates moved back up today after ending last week on a positive note. Improvements in rates have been uncommon so far in 2018. In fact, we hav...
Fri, Feb 16 2018, 3:49 PM
Financial markets in the US will be closed for President's Day on Monday. Thus, mortgage lenders will not be open, nor will they be accepting locks. G...
Thu, Feb 15 2018, 3:41 PM
Mortgage rates were roughly unchanged today. Some lenders even offered improved rates in the afternoon as underlying bond markets managed to hold mode...
Wed, Feb 14 2018, 5:37 PM
Mortgage rates surged higher today, moving easily to new 4-year highs. Today's average conventional 30yr fixed rate is roughly one eighth of a percent...
Tue, Feb 13 2018, 3:55 PM
Mortgage rates began the day fairly well in line with the past 2 days. While it's nice to see some stability in this environment, it's not so nice tha...
Mon, Feb 12 2018, 3:49 PM
Mortgage rates were generally in line with Friday's latest levels today. Unfortunately, those happened to be the highest in more than 4 years . Rates ...
Fri, Feb 9 2018, 9:18 PM
Mortgage rates experienced some ups and downs this week (mostly ups), but ultimately weren't able to capitalize on a few attempts to move lower. Monda...
Thu, Feb 8 2018, 5:22 PM
Mortgage rates continued higher today, bringing the average 30yr fixed rate to another new multi-year high. That said, rates may vary quite a bit from...
Wed, Feb 7 2018, 3:40 PM
Mortgage rates surged higher today, with most lenders ending up back in line with the 4-year highs seen on Friday afternoon. At issue--among other thi...
Tue, Feb 6 2018, 4:39 PM
Mortgage rates were mixed today, with most lenders offering slightly better terms this morning compared to yesterday's mid-day levels. Things took a t...
Mon, Feb 5 2018, 5:09 PM
Mortgage rates caught a break today, moving back near last Thursday's levels as bonds (which underlie rates) benefited from today's extreme market vol...
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