Mortgage Rates Back Above 7% to Start New Week
by Mortgage rates moved modestly higher to start the new week. With the average top tier 30yr fixed rate just under 7% on Friday, this meant …
Category: Morgage
What’s Up With MBS Underperformance?
Once More: What’s Up With MBS Underperformance? Fri, Jun 14 2024, 3:36 PM Once More: What’s Up With MBS Underperformance? The notion …
Mortgage Rates Slightly Higher to Start Pivotal Week
There’s been a noticeable uptick in mortgage rate volatility over the past two weeks with a quick spike at the end of May, a nice …
Mortgage Rates Remain Close to Recent Lows Despite Modest Bump
Today saw the average conventional 30yr fixed rate rise ever so slightly for top tier scenarios. Most lenders are still quoting those scenarios just under …
Mortgage Rates Little Changed at Lowest Levels Since March
You’d have to go back to March 28th to see the average mortgage lender offering a lower rate on a top tier, conventional 30yr fixed …
Mortgage Rates Drop Sharply After Inflation Data (But Bounce a Bit After The Fed Announcement)
Mortgage Rates Drop Sharply After Inflation Data (But Bounce a Bit After The Fed Announcement) It was an incredibly high consequence day for …
Mortgage Rates Barely Budge For 3rd Straight Day, But That Should Change Tomorrow
Mortgage Rates Barely Budge For 3rd Straight Day, But That Should Change Tomorrow Today’s mortgage rates were fairly close to yesterday’s at the …
APM Financial Fitness: June 2024
While our stock markets turned in a positive performance during the first quarter of the year, inflation remained stickier than was hoped, with numbers waning …
What Jobs Report? Bring on CPI and the Fed
What Jobs Report? Bring on CPI and the Fed Fri, Jun 7 2024, 4:06 PM What Jobs Report? Bring on CPI and …
Mortgage Rates Fully Erase Last Week’s Spike
Mortgage rates had a rough go of it in the 4 days following Memorial Day weekend (i.e. last week). To be fair, the tough part …