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Mortgages Stories

Mortgage Rates at 1.5 Month Highs After Fed

Mortgage rates moved higher at a moderate pace today after the Fed reiterated their intentions regarding the gradual tightening of monetary policy.  That policy has been one of the key factors in historically low mortgage rates.  While the Fed didn’t … Continue reading

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Mortgage Rates Edge Up to 4-Month Highs

Mortgage rates only moved slightly higher today for most lenders.  Some lenders were unchanged from yesterday, but on average, rates inched up to match their highest levels since May 1st.  There was no significant underlying market movement, which is interesting … Continue reading

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Mortgage Rates Recover Slightly

Mortgage rates moved slightly lower today after hitting the highest levels in more than 4 months yesterday.  There were no significant economic events providing guidance today.  This actually makes the strength more meaningful as the absence of big-ticket events left … Continue reading

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Credit Repair: The Next Boom Industry?

We wrote, recently, about the link between student loan debt and a person’s ability to obtain a mortgage. In that same piece we touched on a few things that you could do to make your student debt actually help your … Continue reading

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Mortgage Rates Essentially Unchanged at 1-Month Highs

Mortgage rates were essentially unchanged today.  Most lenders were microscopically lower in terms of closing costs, though several went the other direction.  On average, the movement barely registered, keeping rates at their highest levels since August 4th.  This also keeps … Continue reading

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Mortgage Rates Now Back to 4.25% on Average

Mortgage rates have now endured an insulting 10 straight days without improving.  While a few of those have resulted in ‘unchanged’ levels, most have sent rates higher.  Today, in particular, has the grim distinction of moving the most prevalently-quoted conforming … Continue reading

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Mortgage Rates Unchanged Near 2014 Lows Ahead of 3-Day Weekend

Mortgage rates barely budged today.  A few lenders were a bit higher than yesterday.  A few more were a bit lower, but most hadn’t moved enough to be considered anything more than unchanged.  Most borrowers would see the exact same … Continue reading

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Mortgage Rates Fall For Sixth Straight Day

Mortgage rates fell modestly for an impressive sixth straight day today.  Yet again, we’re seeing little attention paid to the events in the US that NORMALLY influence interest rates.  Case in point, stronger economic data typically pushes rates higher, and … Continue reading

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Mortgage Rates Closing in on 2014 Lows

Mortgage rates fell by an almost imperceptible amount today. Some lenders were actually unchanged or slightly higher.  The actual NOTE rates quoted today would be identical to yesterday, with the only differences being seen in the form of modestly lower … Continue reading

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How Long Will Low, Flat Mortgage Rates Last?

So many questions have been raised by the surprising state of affairs in the world of mortgage rates this year.  Why did rates move in the opposite direction from broad-based expectations to start the year?  Why have rates continued to … Continue reading

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