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Mortgages Stories

Mortgage Rates Are Really Stuck in a Rut

Mortgage rates barely budged yet again today despite more volatility in underlying financial markets.  This is the 3rd day in a row with similar behavior in interest rates, and part of an even broader trend of minimal movement since the … Continue reading

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Mortgage Rates Are Really Stuck in a Rut

Mortgage rates barely budged yet again today despite more volatility in underlying financial markets.  This is the 3rd day in a row with similar behavior in interest rates, and part of an even broader trend of minimal movement since the … Continue reading

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Mortgage Rates Having Trouble Moving Lower

Mortgage rates were unchanged to slightly higher today, though that depends largely on the individual strategies of the lender in question.  Some lenders recalled rate sheets yesterday and raised rates due to afternoon market weakness.  Those lenders stood a better … Continue reading

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Mortgage Rates Back Near Recent Lows

Mortgage rates improved today following a slightly weaker reading on Retail Sales data this morning.  It seems that bond markets were waiting to rule out the possibility of stronger data. Reason being, the pace of the improvements was aggressive considering … Continue reading

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Mortgage Rates Mostly Unchanged Over the Weekend

Mortgage rates didn’t move much over the weekend in terms of lenders’ rate sheets.  Most are offering the same conventional 30yr fixed rate of 3.75% to top tier borrowers.  Some of the more aggressive lenders are at 3.625%.  In both … Continue reading

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Mortgage Rates Back Near This Week’s Lows

Mortgage rates were at their highest levels in more than a week yesterday, but have fallen back to the best levels in 4 days today, on average.  Some lenders are slightly higher than yesterday.  Most are lower.  In all cases, … Continue reading

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Mortgage Rates Highest in More Than a Week

Mortgage rates moved only moderately higher today, but it was enough to bring them to April’s worst levels.  The bond market trading that underlies interest rates in the US has been an increasingly volatile place.  This has made for more … Continue reading

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Mortgage Rates Sideways After Fed Minutes

Mortgage rates managed a fairly uneventful day despite the presence of some bigger-ticket events.  Actually, those events turned out to be the reason that things didn’t move much.  Until then, underlying market conditions were trending weaker for the mortgage-backed securities … Continue reading

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Mortgage Rates Weaker at First. Some Afternoon Improvements

Mortgage rates began the day moving slightly higher, further adding to the bounce back from Friday’s 2-month lows.  This time around, however, the scope of the weakness was limited.  It wouldn’t be unfair to say that rates held their ground … Continue reading

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Mortgage Rates Weaker at First. Some Afternoon Improvements

Mortgage rates began the day moving slightly higher, further adding to the bounce back from Friday’s 2-month lows.  This time around, however, the scope of the weakness was limited.  It wouldn’t be unfair to say that rates held their ground … Continue reading

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