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Mortgages Stories

Mortgage Rates Hold Ground As Markets Take a Breather

Mortgage rates had one of their least exciting days of the week today, moving just modestly lower from yesterday’s latest levels.  The trading range in underlying markets was exceptionally narrow, especially when compared to the week’s previous activity.  The final … Continue reading

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Mortgage Rates Increase Rapidly

Mortgage rates rose rapidly today, almost completely erasing the improvement following last week’s Fed Announcement.  This is especially ironic considering most major media outlets are running Freddie Mac’s weekly mortgage rate survey headline.  Because that survey receives most of its … Continue reading

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Mortgage Rates Bounce Higher From Recent Lows

Mortgage rates  finally moved noticeably higher today, something they haven’t done on 11 out of the last 12 days.  Yesterday, I pointed out that such a winning streak is not the sort of thing we see too often, and that … Continue reading

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Mortgage Rates Falling Toward Mid 3 Percent Range

Mortgage rates fell again today, extending an exceptionally strong 2+ week move back to lower levels after an exceptionally weak 5 week move to 2015 highs.  The previous trend topped out after the big jobs report released on March 6th, … Continue reading

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Mortgage Rates Lowest in 6 Weeks

Mortgage rates continued lower today, reaching levels not seen since February 9th.  This further solidifies the positive move that followed last week’s FOMC Announcement and Press Conference and offers ongoing confirmation that the disconcerting trend toward higher rates that began … Continue reading

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Mortgage Rates End Week at March Lows

Mortgage rates moved modestly lower on average today after doing an admirable job of holding their ground amid weaker market conditions yesterday.  That weakness was largely the result of a technical correction to the immense strength seen after Wednesday’s Fed … Continue reading

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Best Day of the Year for Mortgage Rates Following Fed

Mortgage rates plummeted today, relatively speaking.  While the average improvement of 0.10% might not look like much at face value, it’s the biggest one-day drop we’ve had in 2015, and in a league with very few other players historically.  The … Continue reading

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Mortgage Rates Mostly Hold Yesterday’s Big Gains

Mortgage rates moved higher over the course of the day today as financial markets underwent a correction following yesterday’s big move lower in rates.  Because today’s initial rate sheets were even better than yesterday’s, the move merely brought us back … Continue reading

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Mortgage Rates Lowest in 2 Weeks Ahead of Fed

Mortgage rates continue gently lower again today, extending a recent winning streak that’s seen improvements on 6 out of the past 7 days.  While any winning streak is a welcome sight to fans of low rates, this one is most … Continue reading

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Mortgage Rates Slightly Higher to End Solid Week

Mortgage rates were slightly higher today, but remained much closer to the best levels of the week seen yesterday.  In general, this week has served as a correction to last Friday’s excessive losses.  In that regard, it has been almost … Continue reading

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