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Mortgages Stories

Mortgage Rates Hold Steady Amid Conflicting Data

Mortgage rates were unchanged in most cases today, though some lenders were slightly worse.  Even then, the difference from yesterday is generally insignificant.  MBS (the mortgage-backed securities that most directly influence rates) digested two economic reports today: the Consumer Price … Continue reading

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Mortgage rates Steady to Slightly Lower

Mortgage rates moved just barely lower in most cases today, though some lenders were unchanged or slightly higher.  It was a slow start to the week as far it concerns the financial markets that underlie rate movements.  There were no … Continue reading

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Mortgage rates Steady to Slightly Lower

Mortgage rates moved just barely lower in most cases today, though some lenders were unchanged or slightly higher.  It was a slow start to the week as far it concerns the financial markets that underlie rate movements.  There were no … Continue reading

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Mortgage Rates Hold Steady Despite Market Weakness

Mortgage rates managed to hold their ground today.  Some lenders were even in slightly better shape, though there was no change on average.  That’s somewhat interesting considering the bond markets that most directly affect rates were in slightly weaker shape … Continue reading

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Mortgage Rates Appreciably Lower After Geopolitical Headlines

Mortgage rates moved more decisively lower today, though not for any stable or happy reasons.  Such is often the case with interest rates.  As economic conditions worsen or as terrible events around the world fuel demand for bonds, prices of … Continue reading

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Mortgage Rates Appreciably Lower After Geopolitical Headlines

Mortgage rates moved more decisively lower today, though not for any stable or happy reasons.  Such is often the case with interest rates.  As economic conditions worsen or as terrible events around the world fuel demand for bonds, prices of … Continue reading

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Mortgage Rates Continue Higher After Yellen Testimony

Mortgage rates moved slightly higher again today.  Fed Chair Janet Yellen provided her semi-annual testimony to the Senate Banking Committee this morning.  The financial markets that underlie mortgage rates saw quite a bit of volatility during the testimony, but it … Continue reading

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Mortgage Rates Slightly Higher, Ending Last Week’s Streak

Mortgage rates rose modestly today, ending last week’s streak of 5 days without an increase.  The movement wasn’t enough to unseat 4.125% as the most prevalently-quoted conforming 30yr fixed rate for top tier scenarios.  That means today’s changes came in … Continue reading

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Mortgage Rates Slightly Higher, Ending Last Week’s Streak

Mortgage rates rose modestly today, ending last week’s streak of 5 days without an increase.  The movement wasn’t enough to unseat 4.125% as the most prevalently-quoted conforming 30yr fixed rate for top tier scenarios.  That means today’s changes came in … Continue reading

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Mortgage Rates Edge Down to July Lows

Mortgage rates moved just barely lower today, bringing them in lines with the lowest levels of the month.  In this case, when we talk about “the lowest levels of the month,” it means that closing costs are as low as … Continue reading

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