Mon, Nov 20 2017, 2:46 PM
Mortgage rates moved slightly higher today against the backdrop of the unique bond market conditions seen on Thanksgiving week. Bond markets underlie ...
Fri, Nov 17 2017, 4:53 PM
Mortgage rates barely budged today--not too surprising considering today's bond market levels (which underlie rates) were roughly in line with yesterd...
Thu, Nov 16 2017, 4:36 PM
Mortgage rates moved higher today, but the changes were minimal for most lenders. Bond markets (which underlie interest rates) have been searching for...
Wed, Nov 15 2017, 3:26 PM
Mortgage rates fell today, largely in response to the past two days of bond market improvement. In other words, lenders had been keeping their guard u...
Tue, Nov 14 2017, 4:09 PM
Mortgage rates didn't move much today, despite moderate improvements in bond markets. Typically, stronger bond markets result in lower rates, but if a...
Mon, Nov 13 2017, 4:32 PM
Mortgage rates were unchanged to slightly higher today, keeping them in line with their highest levels in more than 2 weeks, depending on the lender. ...
Fri, Nov 10 2017, 3:31 PM
What a difference 2 days make! Freddie Mac's weekly rate survey was out yesterday prompting multiple news outlets to declare "slightly lower rates" on...
Thu, Nov 9 2017, 3:22 PM
Mortgage rates moved higher for the first time this week, ending a 3-day run at the best levels since mid-October. Today's rates are roughly in line w...
Wed, Nov 8 2017, 3:23 PM
Mortgage rates held steady again today, keeping them in line with the lowest levels in more than 3 weeks. They've also been uncommonly calm so far thi...
Tue, Nov 7 2017, 5:15 PM
Mortgage rates held steadier today after spending 6 of the past 7 days moving lower. They're now at their lowest levels in roughly 3 weeks and fairly ...
Mon, Nov 6 2017, 5:08 PM
Mortgage rates continued lower today, despite a blatant lack of underlying motivation in financial markets. By that, I mean that we haven't seen any o...
Fri, Nov 3 2017, 5:55 PM
Mortgage rates were mostly sideways today although a few lenders offered token improvements. When we talk about small improvements in "mortgage rates,...
Thu, Nov 2 2017, 5:52 PM
Mortgage rates improved moderately today following the release of the GOP tax bill and confirmation of Jerome Powell as Trump's Fed Chair nomination. ...
Wed, Nov 1 2017, 4:45 PM
Mortgage rates were slightly higher today, on average, as bond markets backed away from their stronger levels seen during the last 2 days of October. ...
Tue, Oct 31 2017, 3:49 PM
Mortgage rates continued lower today, despite an absence of improvement in underlying bond markets. That's not too surprising considering the average ...
Mon, Oct 30 2017, 3:50 PM
Mortgage rates recovered even more of their recent losses today, following reports that lawmakers were considering "phasing in" a 20% corporate tax ra...
Fri, Oct 27 2017, 3:11 PM
Mortgage rates recovered some of their recent losses today, with most lenders moving back into Wednesday's territory. The improvement followed another...
Thu, Oct 26 2017, 5:22 PM
Mortgage rates are in a bit of trouble, having moved higher at the fastest pace since late June in the past few days. If you've had occasion to read a...
Wed, Oct 25 2017, 3:44 PM
Mortgage rates continued higher at a relatively fast pace today, pushing farther into the highest levels since early July. As of this afternoon, the a...
Tue, Oct 24 2017, 5:10 PM
Mortgage rates jumped abruptly higher today for many lenders after reports of an informal show of hands in favor of John Taylor as Trump's potential F...
Mon, Oct 23 2017, 3:50 PM
Mortgage rates were generally unchanged today despite slight improvements in underlying bond markets. As of last Friday, the average lender was quotin...
Fri, Oct 20 2017, 6:26 PM
Mortgage rates moved higher today as financial markets grew more optimistic about the potential for tax reform. Late last night, the Senate passed a r...
Thu, Oct 19 2017, 4:10 PM
Mortgage rates were unchanged to slightly lower today. Political drama in Europe pushed stocks lower overnight and sent investors toward safer haven a...
Wed, Oct 18 2017, 4:13 PM
Mortgage rates moved modestly higher today despite bigger movement in underlying bond markets. In part, this is a byproduct of the way rates behaved a...
Tue, Oct 17 2017, 3:51 PM
Mortgage rates were at their best levels in roughly a month last Friday afternoon. Since then, they've risen modestly on each of the past two business...
Mon, Oct 16 2017, 5:02 PM
Mortgage rates were sideways to slightly higher today, depending on the lender. Underlying bond markets suggested a bit more movement, and that will l...
Fri, Oct 13 2017, 2:47 PM
Mortgage rates moved lower today. For many lenders, it was the biggest drop in more than a month and it also brings them to the best levels in roughly...
Thu, Oct 12 2017, 7:19 PM
Mortgage rate data collection is tricky business . Some sources rely on survey data that can have a limited collection window and a significant lag. O...
Wed, Oct 11 2017, 3:44 PM
Mortgage rates haven't done much over the past few days, with the average lender offering substantially similar quotes every day in October. Depending...
Tue, Oct 10 2017, 4:07 PM
Mortgage rates were marginally lower today compared to last week, but only when factoring in upfront finance charges. Actual quoted interest rates hav...
Fri, Oct 6 2017, 5:40 PM
Mortgage rates moved higher today, following a much weaker-than-expected jobs report. These are two things that essentially never go together. What ma...
Thu, Oct 5 2017, 3:02 PM
Mortgage rates moved higher today, bringing the average lender back near 4% in terms of conventional 30yr fixed quotes for top tier scenarios. Most le...
Wed, Oct 4 2017, 2:19 PM
Mortgage rates were very slightly lower today, but not by enough to have an impact on the actual interest rates being quoted. Specifically, the "effec...
Tue, Oct 3 2017, 3:36 PM
Mortgage rates were unchanged today, on average, marking the second straight day with minimal change near the highest levels in more than 2 months. Fo...
Mon, Oct 2 2017, 4:57 PM
Mortgage rates were lower today for a few lenders, but higher for most others, dragging the average 0.01% higher in terms of effective rates. Note rat...
Fri, Sep 29 2017, 2:37 PM
Mortgage rates moved lower today, even though underlying bond markets (which ultimately drive rates) suggested a move higher. This happens from time t...
Thu, Sep 28 2017, 3:43 PM
Mortgage rates were decidedly higher this morning, with most lenders back above last week's highs. At the time, those were the highest rates in more t...
Wed, Sep 27 2017, 4:49 PM
First thing's first: mortgage rates didn't have nearly as bad a day as US Treasuries. The latter serve as a general benchmark for the former, but can ...
Tue, Sep 26 2017, 3:09 PM
Mortgage rates improved moderately today, making this the 4th straight business day without any new weakness (aka "higher rates"). It's necessary to i...
Mon, Sep 25 2017, 4:37 PM
Mortgage rates held their ground yet again , and are finally starting to look resilient after a relatively sharp move higher over the past 2 weeks. Th...
Fri, Sep 22 2017, 4:27 PM
Mortgage rates held their ground yesterday. That was a refreshing development given the abrupt move higher over the past 2 weeks and a relatively thre...
Thu, Sep 21 2017, 3:44 PM
Mortgage rates have been higher almost exclusively for the past 2 weeks. Yesterday was no exception as the Federal Reserve released a rate hike foreca...
Wed, Sep 20 2017, 5:12 PM
Mortgage rates rose today following the announcement and--more importantly--the Fed's updated economic projections . The Fed holds 8 meetings a year. ...
Tue, Sep 19 2017, 4:36 PM
Mortgage rates remained unchanged today, on average. This keeps them in line with their highest levels in more than a month, though admittedly, there ...
Mon, Sep 18 2017, 3:55 PM
Mortgage rates resumed their recent uptrend today, after taking a quick break to end the week last Friday. The result is another push up to the highes...
Fri, Sep 15 2017, 4:41 PM
Mortgage rates were steady to slightly lower on average today, confirming the end of a somewhat abrupt correction from last week's 2017 lows. In other...
Thu, Sep 14 2017, 2:51 PM
Mortgage rates moved higher today, despite resilience in underlying bond markets. If you were to ask bonds, they'd vote for rates remaining flat--well...
Wed, Sep 13 2017, 3:13 PM
Mortgage rates held steady today, and were slightly lower in some cases. That's not entirely logical at first glance because the bonds that dictate mo...
Tue, Sep 12 2017, 4:10 PM
Mortgage rates continued higher at a reasonably abrupt pace today as last week's themes have been completely reversed. What themes are those? Generall...
Mon, Sep 11 2017, 5:22 PM
Mortgage rates finally had a bad day , but everything's relative. This sort of bad day leaves the average lender quoting rates that would have been th...
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