Moderate, Inconsequential Weakness
by Moderate, Inconsequential Weakness Fri, May 17 2024, 3:31 PM Moderate, Inconsequential Weakness Bonds lost ground at a modest to moderate clip on …
Category: Morgage
Mortgage Rates Continue Higher For 2nd Straight Day
Mortgage rates have had a great month of May so far with almost every day being a winner up until yesterday and today. Even then, …
Mortgage Rates Start Sideways But Move Higher in The Afternoon
On the average day in the mortgage market, the average lender will offer the same mortgage rate terms for the entire day. It’s only when …
Mortgage Rates Back Under 7% After Inflation Data
If it feels like we’ve been harping on the prospects for rate volatility in response to today’s inflation data for several weeks (and we have), …
Another “Nice” Day For Rates, But Tomorrow is The Real Story
We’ve been waiting for tomorrow since April 10th. That’s the last time the Consumer Price Index (CPI) was released. This is one of the two …
Mortgage Rates Inch to New 1-Month Lows
Last Thursday, mortgage rates merely had to hold steady in order to hit 1-month lows. In other words, Wednesday’s rates were low enough to earn …
Higher Inflation Expectations Keep Yields Range-Bound
Higher Inflation Expectations Keep Yields Range-Bound Fri, May 10 2024, 4:24 PM Higher Inflation Expectations Keep Yields Range-Bound It’s not as if …
Mortgage Rates Just a Bit Lower as Winning Streak Hits 5 Days
There have been 3 winning streaks for mortgage rates in 2024 where the average rate has moved lower for at least 5 days and where …