Rate Optimism Put To The Test by Jobs Report
by There’s a strong case to be made for the fact that interest rates had a sunny predisposition this week. In practical terms, that simply meant …
Category: Morgage
Mortgage Rates Hold Steady Ahead of Important Economic Data
The outcome of certain economic reports will determine whether the next big move in interest rates is higher or lower. Two reports are more important …
Mortgage Rates Improve Again, Despite Headwinds From Economic Data
The phrase “data dependent” is ingrained in the current bond market psychology for good reason. Weaker trends in economic data will reliably cause the Fed …
Mortgage Rates Another Step Closer to 3-Month Lows
For most lenders, you’d still see modestly lower rates on several days in mid May, but apart from that, you’d need to go all the …
Home Renovations with the Best Return on Investment
One of the great things about owning a home is that you can truly make it yours. Don’t like the carpet? Rip it out. Hate …
Data Driven Rally, But Next Week’s Data is More Important
Data Driven Rally, But Next Week’s Data is More Important Fri, May 31 2024, 4:23 PM Data Driven Rally, But Next Week’s …
Rates Jump to Highest Levels in More Than 3 Weeks
It was a mini rollercoaster of a day for mortgage rates with the average lender starting the day at lower levels than Friday only to …
Plenty of Rate Volatility Despite Holiday-Shortened Week
This week got off to a late start as markets were closed on Monday for Memorial Day. Upon returning to the office, traders began pushing …
Mortgage Rates Break 5 Day Losing Streak, But Remain Elevated
If we overlook the nearly unchanged performance from last Friday, mortgage rates were on a 5 day losing streak as of yesterday afternoon with the …
Mortgage Rates Much Higher Over The Past 2 Weeks
Mortgage rates most recently bottomed out on May 15th with the average top tier conventional 30yr fixed scenario being quoted just a hair under 7.0%. …