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Mortgage Rates in Line With 2017 Lows

Mortgage rates moved lower for 3rd straight day (and the 5th time in the past 6 days).  That makes this the best winning streak of the year and it brings rates to the lowest levels of the year (matching February 8th and a … Continue reading

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Mortgage Rates Match 2-Week Lows

Mortgage rates moved lower for the 4th time in 5 days today, bringing them to their lowest levels since February 9th.  The caveat to any discussion of rate “movement,” however, is that the changes have been so small that they can really only … Continue reading

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Mortgage Rates Slightly Lower After Fed Minutes

Mortgage rates began the day decidedly lower than yesterday, but most lenders ended up revising rates higher in the mid-morning hours due to bond market weakness.  Investors remained on edge heading into the release of the Minutes from the Fed’s most … Continue reading

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Mortgage Rates Inch Higher Ahead of Fed Minutes

Mortgage rates were just slightly higher today, leaving them roughly in the center of a range that’s persisted since mid-November.  During that time the average top-tier conventional 30yr fixed rate has been briefly as high as 4.5% and as low as 4.0%. … Continue reading

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Mortgage Rates Finally Find Some Traction

After spending the past 5 business days moving higher, mortgage rates finally found their footing today.  The improvement came in phases, with today’s first round of rate sheets only marginally better than yesterday’s.  Bond markets (which underlie rate movement) surged into stronger … Continue reading

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Mortgage Rates Approach 3-Week Highs

Mortgage rates rose for the 5th day in a row following a higher reading in this morning’s inflation data and an upbeat Retail Sales report.  In general, stronger economic data and higher inflation motivate investors to move money out of the bond … Continue reading

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More People Use Car Title Loans To Fix Bad Credit

Having a bad credit score automatically means that it will be more difficult to be approved for loans in the future. Unfortunately, having this bad credit score can be a huge surprise for many. A really simple thing like forgetting … Continue reading

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Losing Streak Continues for Mortgage Rates

Mortgage rates moved higher for the 4th straight day today, following Fed Chair Janet Yellen’s congressional testimony.  It wasn’t that Yellen’s speech or Q&A contained any major surprises.  Rather, bond markets (which dictate rates) were simply looking for some indication of … Continue reading

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Mortgage Rates Slightly Higher Ahead of Yellen Testimony

Mortgage rates stood at their lowest levels in more than 2 months as of last Wednesday, but have since moved higher for 3 straight days.  This leaves them roughly in the middle of their recent range–seemingly ready to move in either … Continue reading

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Rates Remain Lower vs Last Week Despite Rising Today

Mortgage rates continued higher today, bringing them back in line with Monday’s levels.  Part of the rise was due to weaker trading levels in bond markets.  Just as important is the fact that many lenders didn’t raise rates yesterday afternoon as the … Continue reading

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