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Mortgages Stories

Mortgage Rates Unfazed By Yellen

Mortgage Rates were unchanged to slightly lower this morning following the much-anticipated Jackson Hole speech from Fed Chair Janet Yellen.  Markets were looking for clues about upcoming rate hikes, but true to form, Yellen played things close to the vest.  Underlying bond … Continue reading

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Flat Mortgage Rates Meet Big Potential Volatility

Mortgage Rates were unchanged, yet again, keeping alive an uncanny streak of lifelessness.  That COULD change tomorrow after Fed Chair Yellen’s speech at the Jackson Hole symposium, but please note the emphasized word.  This is always the case when it comes … Continue reading

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Mortgage Rates Still Sideways and That's Great!

Mortgage Rates, like most other interest rates, have seen record-setting levels of inactivity over the past 90 days.  The Brexit vote in late June pushed rates to all-time lows and then the jobs report in early July pushed them back in … Continue reading

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Mortgage Rate Movement Nowhere to be Found

Mortgage Rates were sharply sideways today, with almost every lender offering the exact same terms as yesterday.  This is part of an ongoing phenomenon that’s seen rates rise just slightly from near-all-time lows in early July only to hold an intensely narrow … Continue reading

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Mortgage Rates Remain in Narrow Range Ahead of Important Week

Mortgage Rates moved modestly higher today, but remain in an excruciatingly narrow range in the bigger picture.  Actually, there’s nothing too excruciating about it, unless you’re trying to find something interesting to say about day-to-day rate movement.  Otherwise, it’s actually fairly … Continue reading

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Mortgage Rates Unfazed By Fed Minutes

Mortgage Rates were sideways to slightly higher today, although some lenders offered modest improvements after the release of the Minutes from the most recent Fed meeting.  Some investors were prepared for (or “worried about”) the possibility that the Minutes would convey … Continue reading

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Mortgage Rates Playing The Range

In addition to writing about mortgage rates, I also follow and analyze the underlying bond markets.  Early on in that endeavor, one of my favorite phrases was “play the range before the range plays you.”  This was every bit as simple … Continue reading

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Mortgage Rates Drop Back to 1-Month Lows

Just a day after bouncing firmly higher from the lowest levels in a month, mortgage rates are right back down to the bottom of the recent range.  For some lenders, there have been one or two days with lower rates over … Continue reading

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Mortgage Rates Bounce Higher to Stay in Range

Mortgage rates bounced higher today, after 2 solid days of improvement.  In the bigger picture, rates are still closer to the lowest levels of the past month, but it’s worth mentioning that the range is incredibly narrow over that time.  Most … Continue reading

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Mortgage Rates Back to August Lows

Mortgage rates improved again today, bringing them back in line with the lowest levels of the month.  Considering that today is only the 10th day of the month, that might not mean too much, but indeed today’s rates are right in … Continue reading

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