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4 Reasons 20-Somethings Should Own Investments

Credit: Brandon Smith If you’re a 20-something and are thinking about dipping your toes into the world of investing, then you have come to the right place. Investing in your 20’s is the best time for someone to invest for … Continue reading

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Rates Edge Higher Ahead of Jobs Report

Mortgage rates gave back yesterday’s gains this morning following a stronger-than-expected employment report from ADP.  While this is not the week’s biggest jobs report, investors view it as one of several early indicators of the official Employment Situation (the big jobs report … Continue reading

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Rates Near 2-Week Lows as Risks Increase

Mortgage rates improved modestly today as lenders caught up with yesterday afternoon’s market movements.  Most lenders will issue mid-day changes in rate sheets (“reprices”) when bond markets make a big enough move in one direction or the other during the day. … Continue reading

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Mortgage Rates Sideways Near Long-Term Lows

Mortgage rates remained relatively unchanged again today.  This continues the sideways trend leading into Memorial Day weekend.  As the current week progresses, we can expect to see volatility increase thanks to the presence of more significant economic data.   In general, … Continue reading

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Mortgage Rates Coast Into Extended Weekend

Mortgage rates didn’t move much today.  Lenders that made detectable adjustments generally did so in a moderately positive direction.  While this isn’t remotely enough to make a difference in the actual NOTE rate on a mortgage quote, it could make for microscopically … Continue reading

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Mortgage Rates Improve as Lenders Catch up With Yesterday's Gains

Mortgage rates fell today despite relatively uneventful movement in underlying bond markets (which drive day to day changes in rates).  The net improvement can be explained by the timing of yesterday’s improvement.  Simply put, bonds improved late in the day (following the … Continue reading

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Upward Mortgage Rate Momentum Pauses After Fed

Mortgage rates moved moderately higher this morning, beginning the day at the highest levels in roughly 2 weeks.  Afternoon events helped underlying bond markets bounce back, however, resulting in several lenders issuing positive reprices. This means that some lenders are in … Continue reading

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Mortgage Rates Remain Under Pressure

Mortgage rates began the day in decent shape with the average lender roughly unchanged versus yesterday.  As the day progressed, bond markets (which dictate rates) weakened.  Most lenders were forced to reissue slightly higher rates in the afternoon.  Any lenders who didn’t … Continue reading

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Low and Sideways, Mortgage Rates Play Waiting Game

Mortgage rates were slightly higher for the 3rd straight day, continuing a modest bounce back from the year’s lowest rates last Wednesday.  In a nutshell, bond markets (which dictate mortgage rates) reacted in a big way to last week’s political headlines, and … Continue reading

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Mortgage Rates Higher, Volatility Looms

Mortgage rates continued higher for the 2nd straight day after hitting the lowest levels in more than 7 months earlier this week.  Wednesday’s big move lower was a direct result of political headlines relating to potential wrongdoing in communications between Trump and … Continue reading

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