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Mortgages Stories

Mortgage Rates Steady at 1-Month Highs

Mortgage rates didn’t budge, compared to yesterday’s, which leaves them in line with their highest levels since late June.  A small majority lenders have moved up from quoting conventional 30yr fixed rates of 3.375% to 3.5% during the course of this … Continue reading

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Discussing “Discount Points” Amid Eerily Steady Mortgage Rates

Mortgage rates held perfectly steady today, with most lenders offering the exact same quotes as yesterday.  The most prevalent conventional 30yr fixed rates remain in a range of 3.375% to 3.5% on top tier scenarios, but some lower quotes are possible in … Continue reading

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Mortgage Rates Flat as Anticipation Builds For Next Move

Mortgage rates were sideways in some cases today, and very slightly lower in others, making for one of their better performances over the past few weeks.  During that time, they’ve generally been moving higher following early July lows (which were very close … Continue reading

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Mortgage Rates Surprisingly Steady Despite Market Weakness

Mortgage rates have been moving higher, in general, this week.  That upward momentum tends to coincide with weakness in broader bond markets.  For instance, when yields on US Treasuries are moving higher, mortgage rates usually are as well.  That’s no surprise considering … Continue reading

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Mortgage Rate Situation Growing More Tense

Mortgage rates were slightly higher again today, and this time, it’s personal!  OK, so it’s not really “personal,” but it is now more of a concern for those following rate trends and hoping they’ll stay near all-time lows.  We actually get more … Continue reading

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Mortgage Rates Bounce Indecisively Lower

Mortgage rates moved just slightly lower today, following a fairly abrupt spike over the first two days of the week.  This the sort of movement that neither confirms or rejects the possibility that early July marked long-term lows.  Instead, it’s a push–an … Continue reading

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Long-Term Rate Lows Fighting For Survival

Mortgage rates are on the move, heading noticeably higher after a more subtle increase yesterday.  With that, this week now stands as the first major push back against the impressive run to near-record lows that’s taken place since the UK voted to … Continue reading

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Mortgage Rates Surprisingly Steady Despite Jobs Data

Mortgage rates held surprisingly steady despite a strong employment headline.  The big jobs report came out today, and it showed payroll creation at 265k versus forecasts calling for only 170k jobs.  This is a substantial “beat,” and the sort of thing that … Continue reading

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Mortgage Rates Finally Pull Back. Should You Worry?

Mortgage Rates Finally Pull Back. Should You Worry? Mortgage rates finally ended an impressive winning streak today, rising for the first time in 9 days.  Rates began that streak with a massive move lower following the UK’s vote to exit the European … Continue reading

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Mortgage Rates Now Very Close to All-Time Lows

Mortgage rates fell again today, extending an already-uncanny winning streak to its 8th straight day.  The most recent improvements bring the average lender right in line with all-time lows.  In fact, a few lenders are now offering better rates than they’ve ever … Continue reading

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