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Mortgages Stories

Mortgage Rates Improve Modestly Ahead of Fed Announcement

Mortgage rates continued a recent pattern of small day-to-day changes today.  This time, however, lenders were more unified in a move to slightly lower rates.  The recent norm has been for different lenders to move in different directions but for … Continue reading

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Mortgage Rates Unchanged Amid Lack of Motivation

Mortgage rates were unchanged in most cases today, though some lenders were microscopically higher or lower compared to last Friday.  Any attempts at more meaningful market movement were seen in the overnight trading hours in Asia and Europe.  Rates stood … Continue reading

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Mortgage Rates Slightly Higher Amid Lack of Motivation

Mortgage rates were unchanged in most cases today, though some lenders were microscopically higher or lower compared to last Friday.  Any attempts at more meaningful market movement were seen in the overnight trading hours in Asia and Europe.  Rates stood … Continue reading

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Mortgage Rates Move Back toward Long-Term Lows

Mortgage rates were modestly lower today, and are now getting back in line with levels not seen in more than 20 months.  Only the last 3 days of last week were any better.  That said, the amount of improvement in … Continue reading

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Mortgage Rates Hold Perfectly Steady Despite Massive Underlying Volatility

Mortgage rates didn’t budge today.  That’s impressive considering the amount of volatility in financial markets leading up to and following the European Central Bank (ECB) announcement.  Markets widely expected the ECB to announce a new quantitative easing package today.  That’s … Continue reading

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Rates Consolidate as Markets Prepare for Big News

Mortgage rates moved moderately higher on average today.  Recently high volatility in financial markets continues driving stratified pricing strategies.  That’s a long way of saying that different lenders are adjusting rates by different amounts, and sometimes even in different directions.  … Continue reading

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Mortgage Rates Mixed to Begin Volatile Week

Mortgage rates were truly mixed today, with some lenders improving while others moved higher.  More than a few were unchanged or close to it.  All this despite the fact that broader interest rate benchmarks like 10yr US Treasuries were unequivocally … Continue reading

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Mortgage Rates Bounce Slightly Higher off Long-Term Lows

Mortgage rates pulled back to slightly higher levels today as broader markets underwent a correction from relatively frenzied movement over the past few days.  Yesterday we discussed how mortgage rates have a hard time keeping pace with interest rate benchmarks … Continue reading

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Mortgage Rates Reluctantly Benefit From Overseas Drama

Mortgage rates continued relentlessly lower today, but they did so under protest.  In fact, the amount of improvement on some lenders’ rate sheets relative to the amount of improvement seen in Mortgage-Backed-Securities (MBS, which dictate mortgage rate levels more than … Continue reading

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Mortgage Rates Back to 3.5% for Some.

If you have a truly ideal credit profile and loan scenario, a few of the more aggressive lenders are quoting conforming, 30yr fixed mortgage rates at 3.5% today.  Almost all other lenders are only an eighth of a point higher … Continue reading

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