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Mortgages Stories

Mortgage Rates Fighting to Stay Near 2017 Lows

Mortgage rates moved lower today, following a policy announcement from the European Central Bank (ECB).  Some investors were concerned the ECB might begin sprinkling in clues about rate hikes or an early end to bond buying programs, but there was no such … Continue reading

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Mortgage Rates Hold Ground After Tax Plan Release

Mortgage rates were relatively unchanged today, but only after averaging the disparate changes from various lenders.  That means some lenders are in much better shape versus yesterday while others are noticeably worse.   This sort of disparate movement isn’t typical of mortgage … Continue reading

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Mortgage Rates Highest in 2 Weeks

Mortgage rates moved moderately higher again higher today, as global financial markets continued reacting to recent geopolitical flashpoints (like the French election, discussed yesterday).  Markets are also moving in anticipation of future flashpoints (like tomorrow’s tax reform announcement).  In general, investors have piled … Continue reading

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Mortgage Rates Slightly Higher After French Election

Mortgage rates moved moderately higher today, and most of the blame goes to the presidential election in France.  If you’re wondering what European politics have to do with mortgage rates in the US, you’re not alone.  While it certainly isn’t the first … Continue reading

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Mortgage Rates End Week Roughly Unchanged

Mortgage rates were sideways to slightly higher this week as global financial markets braced for volatility surrounding this weekend’s French election.  While it may seem like a world away from the domestic mortgage market, events that potentially impact the stability of the … Continue reading

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Mortgage Rates Up Modestly From 5-Month Lows

Mortgage rates moved higher today as global financial markets shifted ahead of this weekend’s election in France.  One of the candidates–Le Pen–is a populist whose victory is seen as potentially destabilizing the entire EU.  Whether or not that’s actually the case remains … Continue reading

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Mortgage Rates Hold Near Lows Despite Market Weakness

Mortgage rates were steady to slightly higher today, depending on the lender, despite bond market weakness.  Typically, bond market weakness results in rates moving higher, but the timing of market movements can be important.  Specifically, yesterday saw bond markets move to … Continue reading

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Rates Pushing Deep Into Post-Election Range

After stumbling just slightly yesterday, mortgage rates returned to their recent habit of setting new 2017 lows today.  At this point, we’re getting closer and closer to post-election lows.  You’d have to go all the way back to November, 14th 2016 … Continue reading

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Mortgage Rates Fairly Steady Near 2017 Lows

For the third day in a row, mortgage rates set new 2017 lows this morning.  But as bond markets weakened into the afternoon, several lenders recalled rate sheets for “negative reprices.”  This brought the afternoon’s rate sheet offerings back in line with … Continue reading

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Rates Push 2017 Lows For 3rd Straight Day

Mortgage rates set new 2017 lows for the third straight day today, although only in terms of “effective rates” (which take upfront costs into account).  “Note rates” (which simply refer to the rate applied to one’s loan balance) are unchanged from … Continue reading

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