Fri, Sep 8 2017, 4:58 PM
Mortgage rates were slightly lower today, despite moderate weakness in underlying bond markets. This would typically coincide with higher rates, but m...
Thu, Sep 7 2017, 3:06 PM
Mortgage rates didn't move much today, despite plenty of strength in underlying bond markets. This would normally coincide with lower rates, so what's...
Wed, Sep 6 2017, 4:55 PM
Mortgage rates moved lower this morning, more by way of catching up with yesterday's market movement than anything. Specifically, bond markets (which ...
Tue, Sep 5 2017, 4:04 PM
Mortgage rates moved lower today on a combination of factors. Chief among these were headlines over the weekend concerning more North Korean weapons t...
Fri, Sep 1 2017, 2:24 PM
Mortgage rates were sideways to slightly higher today despite a weak reading of the Employment Situation (aka "the jobs report"). This is traditionall...
Thu, Aug 31 2017, 4:35 PM
Mortgage rates moved lower today--something they've been more likely to do in general since early July. The gradual downtrend brought them to their be...
Wed, Aug 30 2017, 4:32 PM
Mortgage rates were technically higher today vs yesterday, but unless you've been following day-to-day movements under a microscope, you probably won'...
Tue, Aug 29 2017, 6:00 PM
It's one thing for the highly competitive environment of "rate table" advertising (where lenders compete and you get confused) to be reporting mortgag...
Mon, Aug 28 2017, 5:32 PM
Mortgage rates held steady today, as the news cycle was dominated by Hurricane Harvey. That's not to say that natural disasters prevent movement in mo...
Fri, Aug 25 2017, 3:25 PM
Mortgage rates were unchanged today, on average. Some lenders were slightly better, others were slightly worse, but none were very far from yesterday'...
Thu, Aug 24 2017, 2:35 PM
Mortgage rates haven't moved much at all recently. While that leaves us little to talk about if we're examining rate changes on a daily basis, it's a ...
Wed, Aug 23 2017, 4:54 PM
Mortgage rates reversed yesterday's move today, falling back in line with recent lows--also the lowest levels since November 2016. At this time of yea...
Tue, Aug 22 2017, 2:56 PM
Mortgage rates rose today, but by a small enough amount that it shouldn't crush too many hopes and dreams. For all intents and purposes, rates remain ...
Mon, Aug 21 2017, 4:10 PM
Mortgage rates held steady to start the new week. This keeps them in line with the best levels since November 2016. There were no interesting developm...
Fri, Aug 18 2017, 7:54 PM
Mortgage rates moved lower again. Drama surrounding the Trump administration was also present. But this time around, the political theater wasn't resp...
Thu, Aug 17 2017, 5:17 PM
Mortgage rates fell yesterday in response to a tweet about Trump disbanding his councils of CEOs. Twitter was in play again today . This time around i...
Wed, Aug 16 2017, 5:05 PM
Mortgage rates dropped today after news broke (first rumors, then confirmation via Twitter) that President Trump was disbanding his councils of CEOs. ...
Tue, Aug 15 2017, 3:21 PM
Mortgage rates continued higher today as markets reacted to news that North Korea would tactically abstain from launching nuclear weapons at Guam beca...
Mon, Aug 14 2017, 4:29 PM
Mortgage rates rose moderately today as weekend news headlines suggested some measure of de-escalation of nuclear tensions between the US and North Ko...
Fri, Aug 11 2017, 5:40 PM
Mortgage rates held near the lowest levels since November 2016 today, after a key economic report showed subdued inflation. The Consumer Price Index (...
Thu, Aug 10 2017, 3:39 PM
Mortgage rates remained in line with 2017's lows today, despite noticeable improvement in underlying bond markets. Under normal circumstances, bond ma...
Wed, Aug 9 2017, 5:32 PM
Mortgage rates fell to new lows for the year today, following the North Korea nuclear threat headlines. In truth, the preceding sentence gives too muc...
Tue, Aug 8 2017, 6:50 PM
Mortgage rates moved microscopically lower today, keeping them in line with the best levels in more than a month. The caveat is that there really hasn...
Mon, Aug 7 2017, 5:30 PM
Mortgage rates were generally unchanged today, compared to Friday afternoon's latest levels. Only a handful of lenders responded to strength in bond m...
Fri, Aug 4 2017, 5:26 PM
While it was far from a dramatic move mortgage rates ticked slightly higher after today's Employment Situation data, otherwise known simply as "the jo...
Thu, Aug 3 2017, 3:28 PM
Mortgage rates moved just slightly lower today, bringing them to the best levels in over a month for the 2nd time this week. While that sounds somewha...
Wed, Aug 2 2017, 4:27 PM
Mortgage rates held steady today, keeping them in line with the best levels in just over a month. That means the best-qualified borrowers putting more...
Tue, Aug 1 2017, 3:27 PM
Mortgage rates continued lower today, matching the best levels in just over a month. Prospective borrowers are increasingly seeing conventional 30yr f...
Mon, Jul 31 2017, 4:43 PM
Mortgage rates moved modestly lower today, despite an absence of improvement in underlying bond markets. Rates typically rise in this scenario, but th...
Fri, Jul 28 2017, 5:16 PM
Mortgage rates were generally flat today, despite improvements in underlying bond markets. Although several lenders did offer price improvements throu...
Thu, Jul 27 2017, 3:25 PM
Mortgage rates were mixed today, depending on the lender, but generally held fairly close to yesterday's levels. All this in spite of bond market weak...
Wed, Jul 26 2017, 5:06 PM
Mortgage rates were steady to slightly lower today, despite fairly substantial movement in underlying bond markets. Bond prices ultimately do more to ...
Tue, Jul 25 2017, 3:18 PM
Mortgage rates moved abruptly higher today, erasing the improvement seen last week. An entire week's worth of movement may or may not be worth stressi...
Mon, Jul 24 2017, 4:23 PM
Mortgage rates held steady today, which leaves them in line with the lowest levels in July. In underlying bond markets (bond movement directly impacts...
Fri, Jul 21 2017, 5:14 PM
Mortgage rates moved lower today, setting yet another new low for the month of July. For the past 2 weeks, rates have been pushing back against a fair...
Thu, Jul 20 2017, 5:59 PM
Mortgage rates held relatively steady today, keeping them in line with the lowest levels in more than 3 weeks. There was relatively little market move...
Wed, Jul 19 2017, 4:56 PM
Mortgage rates moved lower today, despite slightly weaker underlying bond markets. This has been an ongoing phenomenon in recent days. Bonds improve, ...
Tue, Jul 18 2017, 3:45 PM
Mortgage rates fell today, but continue lagging behind the movements seen in underlying bond markets. Part of that has to do with the timing of bond m...
Mon, Jul 17 2017, 4:59 PM
Mortgage rates are largely dictated by movements in bond markets--specifically mortgage-backed securities (MBS). When bonds improve, prices rise and i...
Fri, Jul 14 2017, 4:03 PM
Mortgage rates are experiencing increased volatility at the end of this week, which was to-be-expected given the calendar of events and economic data....
Thu, Jul 13 2017, 5:45 PM
Mortgage rates had their first great day in several weeks yesterday, but ended up giving back some of those gains today. Bond markets that underlie in...
Wed, Jul 12 2017, 4:26 PM
Mortgage rates had been holding in a narrow range near their highest levels in roughly 3 months over the past few days. Despite some stability in unde...
Tue, Jul 11 2017, 3:44 PM
Mortgage rates remained in a very narrow range near their highest levels in roughly 3 months today. If you're into splitting hairs, we could discuss t...
Mon, Jul 10 2017, 5:24 PM
Mortgage rates improved somewhat today, on average, but the gains were modest. Some lenders were unchanged from Friday afternoon's latest levels. That...
Fri, Jul 7 2017, 3:59 PM
Mortgage rates didn't move much higher today for most lenders. While that absence of additional weakness is "nice," the net effect is that rates remai...
Thu, Jul 6 2017, 3:02 PM
Mortgage rates resumed their recent trend higher today. Yesterday had been the first day since June 27th without noticeable weakness--raising some hop...
Wed, Jul 5 2017, 4:15 PM
Mortgage rates had been rising at an uncomfortable pace since June 27th. As of Monday, the average conventional 30yr fixed rate quote was 0.125% highe...
Mon, Jul 3 2017, 1:42 PM
Mortgage rates continue rising at an uncomfortable pace for anyone in the market to buy or refinance. Today was the 5th straight day of quicker-than-a...
Fri, Jun 30 2017, 3:43 PM
Mortgage rates moved higher for a 4th straight day to end the month of June. In terms of upward movement, this has been the worst week for mortgage ra...
Thu, Jun 29 2017, 4:08 PM
Mortgage rates are higher again today, with the average lender now back to levels not seen since May 16th, 2017. Unless you've been following every li...
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