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Mortgages Stories

Mortgage Rates Fairly Steady; Volatility Still Looming

Mortgage rates didn’t move much today.  Whether or not you see today’s rates in better shape vs yesterday depends on how your lender approached yesterday afternoon’s quick deterioration in mortgage-backed-securities (the bonds that dictate mortgage rates).  Many lenders recalled their … Continue reading

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Mortgage Rates Rise; Volatility Builds Throughout Week

Mortgage rates moved moderately higher today as bond traders adjusted their holdings for the end of the month.  Mortgage rates are dictated by trading levels of mortgage-backed securities (which in turn, tend to move in step with US Treasuries, generally … Continue reading

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Mortgage Rates Rise; Volatility Builds Throughout Week

Mortgage rates moved moderately higher today as bond traders adjusted their holdings for the end of the month.  Mortgage rates are dictated by trading levels of mortgage-backed securities (which in turn, tend to move in step with US Treasuries, generally … Continue reading

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Mortgage Rates Varied by Lender Thanks to Volatility

Mortgage rates didn’t move much today.  Depending on the lender, effective rates were either slightly higher or lower vs yesterday, with the average lender being just microscopically lower in rate.  Keep in mind that the improvement would only be detectable … Continue reading

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Mortgage Rate Losing Streak Loses Steam

Mortgage rates were just barely higher today, greatly decreasing the momentum in a now 3-day losing streak.  The timing of these movements is important as it relates to Freddie Mac’s widely disseminated mortgage rate report.  Freddie’s weekly rate report is … Continue reading

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Mortgage Rates Slightly Higher After Treasury Auction

Mortgage rates continued slightly higher today, though they appeared to have second thoughts about that at first.  In fact, several lenders made mid-day improvements to rate sheets as bond markets (which drive rates for mortgages, among other things) looked to … Continue reading

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Mortgage Rates Slightly Higher After Treasury Auction

Mortgage rates continued slightly higher today, though they appeared to have second thoughts about that at first.  In fact, several lenders made mid-day improvements to rate sheets as bond markets (which drive rates for mortgages, among other things) looked to … Continue reading

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Mortgage Rates Bounce Higher as Global Panic Pauses

Mortgage rates moved higher today as global markets managed to avoid the same sort of panicked volatility seen yesterday.  The month-long trend toward lower rates was already looking tired as of late last week, and it took the extreme movements … Continue reading

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Mortgage Rates Little-Helped by Market Turmoil

Mortgage rates did manage to move lower again today.  And that move does bring them to the best levels in more than 3 months.  But apart from that, the day was a bit of a let-down.  Here’s why. Mortgage rates … Continue reading

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Mortgage Rates on Year’s Longest Winning Streak

Mortgage rates moved moderately lower yet again.  This extends a winning streak that began on July 14th, making it the longest positive trend in 2015.  If this seems paradoxical in light of everything you may have heard about the Fed … Continue reading

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