Fri, Feb 2 2018, 7:13 PM
If you thought yesterday was bad for mortgage rates , you're probably not going to be a big fan of today either. And since today is the end of a week,...
Thu, Feb 1 2018, 4:41 PM
Mortgage rates are in big trouble . Whatever you've read about the current spike so far today, you'll probably need to double it after today's bond ma...
Wed, Jan 31 2018, 2:56 PM
Mortgage rates managed to hold steady today, on average (some lenders were slightly better while others were slightly worse) despite a more upbeat eco...
Tue, Jan 30 2018, 4:15 PM
Mortgage rates continued just slightly higher today. While it wasn't the worst day they've had in terms of movement, it arrives as rates were already ...
Mon, Jan 29 2018, 4:39 PM
Mortgage rates are in trouble . This will come as no surprise to regular readers. For the past few weeks, rates made several successive runs up to the...
Fri, Jan 26 2018, 2:02 PM
Mortgage rates moved higher today, bringing them up to yet another 9-month high. Underlying bond markets ended the week in roughly the same shape as l...
Thu, Jan 25 2018, 4:54 PM
Mortgage rates improved modestly today, bringing them back in line with Wednesday afternoon's best levels. After underlying bond markets overcame vola...
Wed, Jan 24 2018, 3:34 PM
After taking just one day off from the prevailing move higher, mortgage rates were back at it today, heading back to the worst levels in more than 9 m...
Tue, Jan 23 2018, 3:17 PM
Mortgage rates finally managed to move lower in a small but meaningful way today--something they haven't done in more than 2 weeks! During that time, ...
Mon, Jan 22 2018, 4:34 PM
Mortgage rates pushed up to yet another 9-month high today--something that's become all too common in the past few weeks. Just as troubling is the fac...
Fri, Jan 19 2018, 6:24 PM
Mortgage rates remained at 9-month highs today, with most lenders in worse shape than yesterday. In the morning, the sky hadn't yet fallen, the averag...
Thu, Jan 18 2018, 3:45 PM
It's Thursday, which means Freddie Mac released its weekly update on mortgage rates . This is typically not that big of a deal because mortgage rates ...
Wed, Jan 17 2018, 3:35 PM
Mortgage rates were only moderately higher today, but the move was enough to officially bring them to the highest levels since the Spring of 2017. In ...
Tue, Jan 16 2018, 3:20 PM
Mortgage rates didn't move much today. Most lenders were just slightly lower/better this morning, but mid-day market weakness prompted several of them...
Fri, Jan 12 2018, 8:00 PM
Mortgage rates caught a break yesterday by moving lower for the first time this week. They arguably caught a break again today by not moving any highe...
Thu, Jan 11 2018, 3:51 PM
Mortgage rates caught a break today, moving lower for the first time this week and pushing back from the highest levels since early July 2017. Like ye...
Wed, Jan 10 2018, 3:35 PM
Mortgage rates were much higher this morning, bringing them to new 6-month highs (a dubious distinction also accomplished yesterday). Unlike yesterday...
Tue, Jan 9 2018, 3:51 PM
Mortgage rates rose again today, adding to a nasty 2-day streak that's taken the average 30 yr fixed rate an eighth of a point higher. That's an uncom...
Mon, Jan 8 2018, 4:50 PM
Mortgage rates rose today, largely due to bond market movement from the end of last week that never made it onto last week's rate sheets. Specifically...
Fri, Jan 5 2018, 5:00 PM
Mortgage rates moved lower following a weaker-than-expected jobs report. The so-called "jobs report" (officially "The Employment Situation") is--on av...
Thu, Jan 4 2018, 3:46 PM
Mortgage rates moved higher today , following stronger economic data at home and abroad. In general, stronger economic data implies better growth, hig...
Wed, Jan 3 2018, 3:44 PM
Mortgage rates were unchanged to slightly lower today, depending on the lender. Merely holding steady is a victory today. Reason being: bond markets (...
Tue, Jan 2 2018, 5:02 PM
Mortgage rates are theoretically supposed to go higher in 2018. Any upward pressure on economic growth or inflation (courtesy of the tax bill, perhaps...
Fri, Dec 29 2017, 3:38 PM
Mortgage rates were unchanged again today, keeping them at the same stronger levels achieved on Wednesday afternoon. Wednesday's gains were much-neede...
Thu, Dec 28 2017, 5:03 PM
Mortgage rates were broadly unchanged today, despite negative cues from underlying bond markets. In other words, the bonds that account for most mortg...
Wed, Dec 27 2017, 3:38 PM
Mortgage rates had a bad week last week, quickly rising to the highest levels in months. To make matters more frustrating, there weren't any clearly-d...
Tue, Dec 26 2017, 4:37 PM
Mortgage rates were lifeless today as financial markets drifted sideways. Although rates CAN move during the last week of December when there's an imb...
Fri, Dec 22 2017, 5:03 PM
Mortgage rates didn't move much today, which is a victory unto itself on a week with 3 of the worse consecutive days of the year. In fact, lenders tha...
Thu, Dec 21 2017, 3:16 PM
Mortgage rates edged just slightly higher again today, capping the sharpest 3-day increase since late June and leaving the average lender more than an...
Wed, Dec 20 2017, 2:26 PM
Mortgage rates continued higher today, largely due to momentum in bond markets (which dictate rates) carrying over from yesterday. Trading was far les...
Tue, Dec 19 2017, 4:47 PM
Mortgage rates surged higher today, ultimately making it back to levels not seen since late October in some cases (depending on the lender). Part of t...
Mon, Dec 18 2017, 5:02 PM
Mortgage rates bounced modestly higher today, bringing the average lender back in line with last Wednesday's levels. Bond markets (which underlie mort...
Fri, Dec 15 2017, 3:34 PM
Mortgage rates moved slightly lower today, despite movement in bond markets that would have suggested otherwise. The paradoxical strength is likely du...
Thu, Dec 14 2017, 3:51 PM
Mortgage rates held on to yesterday's gains in most cases. Some lenders were even in slightly better shape today, but not enough to have an effect on ...
Wed, Dec 13 2017, 4:57 PM
Mortgage rates fell fairly quickly this afternoon following the Federal Reserves updated economic projections. While it is indeed true that the Fed "r...
Tue, Dec 12 2017, 4:30 PM
Mortgage rates moved modestly higher for the 4th straight business day today. Last Wednesday saw the best levels in a month with some lenders in the b...
Mon, Dec 11 2017, 5:13 PM
Mortgage rates moved modestly higher for the 3rd straight business day, making for a moderate correction from the last Wednesday's 1-month lows. In th...
Fri, Dec 8 2017, 2:28 PM
Mortgage rates moved modestly higher today, although some lenders were right in line with yesterday's levels (especially those who raised rates in res...
Thu, Dec 7 2017, 4:17 PM
Mortgage rates were best described as " unchanged " today, although that may not be the case tomorrow. The afternoon hours saw bond markets (which dic...
Wed, Dec 6 2017, 4:48 PM
Mortgage rates moved noticeably lower today as bond market improved for the 2nd day in a row--the first time that's happened since early November (whe...
Tue, Dec 5 2017, 4:58 PM
Mortgage rates were more intuitive today with most lenders keeping things unchanged at first. This matched the movement in underlying bond markets, wh...
Mon, Dec 4 2017, 4:17 PM
Mortgage rates were distinctly mixed today, with some lenders clearly moving higher while others were effectively unchanged. The deciding factor is bo...
Fri, Dec 1 2017, 3:33 PM
Mortgage rates were at their highest levels in roughly 1 month as of yesterday afternoon. That ran counter to many of the mortgage rate news stories t...
Thu, Nov 30 2017, 4:12 PM
There are several news stories out today that reference LOWER rates this week. These all rely on stale survey data that failed to account for changes ...
Wed, Nov 29 2017, 3:14 PM
Mortgage rates moved higher today, with most lenders quoting their highest rates in at least 2 weeks. But before you let that worry you too much, know...
Tue, Nov 28 2017, 4:47 PM
Mortgage rates improved modestly today as markets digested tax bill headlines and the confirmation hearing for new Fed Chair Jerome Powell. As the hea...
Mon, Nov 27 2017, 4:58 PM
Mortgage rates were almost perfectly unchanged today as markets returned to full force following the extended Thanksgiving break. Bond markets (which ...
Fri, Nov 24 2017, 1:53 PM
Mortgage rates were roughly unchanged today. That's not too surprising considering lenders don't tend to make big moves on the Friday after Thanksgivi...
Wed, Nov 22 2017, 2:55 PM
Mortgage rates fell modestly today, with bond market strength both before and after the release of the Fed Minutes (a more detailed account of the Fed...
Tue, Nov 21 2017, 3:34 PM
Mortgage rates were unchanged today, on average, although a few lenders made small adjustments to rates sheets in response to bond market volatility. ...
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