What an interesting couple of weeks. After a massive rally just two weeks ago accounting for a 109 basis point (1.09 discount points), last week saw a sell-off of 97 basis points (.97 discount points).
Volatility everywhere and nary a leader in sight. Not so fast, [...]
Continue Reading →Interest rate predictions this week were pretty simple: Expect wild, wild swings. We’re getting them.
Continue Reading →Mortgage rates may dip a little more this week, but they’ll need to go down at least another .25% to offset the increases in mortgage costs that hit later this spring.
Continue Reading →After brutal losses on Wednesday and Thursday, mortgage rates rallied back on Friday to close the week virtually unchanged.
Continue Reading →There are some times when you just say “if that’s not enough to make mortgage rates come down, they’re not coming down.” This might be one of those times.
Continue Reading →Mortgage rates fell last week as the geopolitical mess in Egypt trumped a week of otherwise positive economic data.
Continue Reading →Mortgage rates worsened last week in a holiday-shortened trading week. For the second straight week, conforming and FHA mortgage rates increased.
Continue Reading →Mortgage rates deteriorated last week after concerns over the mess that is Europe lessened…for now.
Continue Reading →Mortgage markets gained last week. Demand for mortgage-backed bonds outweighed supply and conforming and FHA mortgage rates edged lower.
Continue Reading →If you’re looking to dial in your mortgage rate predictions, tune your crystal ball to the jobs report, not the unemployment rate.
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