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Mortgages Stories

Mortgage Rates Catch a Break Heading Into Important Week

Mortgage rates were sideways to marginally lower today.  Many lenders released new and improved rate sheets in the afternoon in order for the average to get better than yesterday, but even then, lenders are obviously cautious ahead of next week’s … Continue reading

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Mortgage Rates Rise at Fastest Pace in Weeks

Mortgage rates moved higher today at the fastest pace since July 3rd as bond markets began backing away from more anxious levels associated with last week’s geopolitical headlines.  Such headlines (Malaysian airliner and Gaza invasion) can motivate investors to seek … Continue reading

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Mortgage Rates Back up to Unchanged After Stronger Start

Mortgage rates were mixed today depending on the lender and the time of day you look.  Most recently, the average lender is back to unchanged vs yesterday.  Before that, most lenders were in slightly better shape, but market weakness prompted … Continue reading

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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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