Category Archive: Mortgage News

Mortgage Rates Back to 2017 Lows

Mortgage rates reversed yesterday’s move today, falling back in line with recent lows–also the lowest levels since November 2016. At this time of year, the bond markets that underlie mortgage rates tend to move more serendipitously. That worked in our…

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Mortgage Rates Steady at 2017 Lows

Mortgage rates held steady to start the new week. This keeps them in line with the best levels since November 2016. There were no interesting developments in financial markets or in terms of economic data today. Most news coverage was focused on the so…

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More 2017 Lows for Rates; More Trump Drama

Mortgage rates moved lower again. Drama surrounding the Trump administration was also present. But this time around, the political theater wasn’t responsible for the move lower in rates. In fact, it resulted in multiple lenders adjusting rate sheets hi…

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Trump Administration Drama Pushing Rates Even Lower

Mortgage rates fell yesterday in response to a tweet about Trump disbanding his councils of CEOs. Twitter was in play again today . This time around it was Gary Cohn, Trump’s economic advisor. Rather, it was rumors of Cohn’s departure that sent financi…

Mortgage Rates Back to 2017 Lows on Trump Tweet

Mortgage rates dropped today after news broke (first rumors, then confirmation via Twitter) that President Trump was disbanding his councils of CEOs. The move apparently came in response to attrition among several CEOs following Trump’s press conferenc…

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