Mortgage Rates Back Near 3-Year Lows After Defying Jobs Data
The bond market drives changes in interest rates. Among bond traders, it’s no secret that the Bureau of Labor Statistics’
Lowest Mortgage Rates in More Than 3 Weeks
Mortgage rates fell on Tuesday following a downbeat Retail Sales report. At 0.05%, it was the largest single-day drop since the
Mortgage Rates Actually Moved a Bit Higher This Week, But Remain Near Multi-Year Lows
First things first: if we take the last 5 days out of the equation, today’s mortgage rates are still the
Mortgage Rates Improve After Fed Announcement
The Fed cut its policy rate by 0.25% today and mortgage rates moved lower after the announcement. That said, those
Are Rates About to Make a Move Because of The Fed?
December 10th will be the most interesting Fed announcement in more than a year. It’s the first time since mid-2024
A Rare Week of Data Brings Friends and Foes For Rates
Rates are dictated by bonds and bonds take cues from economic data. But during the shutdown, the most important data
Purchase Demand Near Best Levels Since January 2023
Mortgage applications posted a modest increase last week, even as rates ticked slightly higher. According to MBA’s Weekly Applications Survey
Yet Again, Mortgage Rates Surge Higher After Fed Rate Cut
Today was not a foregone conclusion and there was no way to know ahead of time that it would end
Mortgage Rates Aren’t Too Far From 3 Years Lows
If we stopped paying attention at noon on Thursday, it was an uneventful week due to an absence of important
Unlocking Homeownership: Portfolio Mortgage Programs for Non-Warrantable Condos
Navigating the world of condo financing can be tricky—especially when the property is labeled “non-warrantable.” But for savvy buyers and