Category Archive: Mortgage News

Mortgage Rates Rocked (Relatively) By Tax Plan Optimism

Mortgage rates moved higher today as financial markets grew more optimistic about the potential for tax reform. Late last night, the Senate passed a resolution that included language designed to make tax reform legislation easier to pass. In a nutshell…

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Mortgage Rates Hold Ground Amid Market Volatility

Mortgage rates were unchanged to slightly lower today. Political drama in Europe pushed stocks lower overnight and sent investors toward safer haven assets like bonds. Higher demand for bonds pushes rates lower, all things being equal. All of the above…

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Mortgage Rates Rise Only Modestly Despite Market Weakness

Mortgage rates moved modestly higher today despite bigger movement in underlying bond markets. In part, this is a byproduct of the way rates behaved at the end of last week, when lenders didn’t adjust rates lower as quickly as bond market strength woul…

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Mortgage Rates Rise a Bit More From Recent Lows

Mortgage rates were at their best levels in roughly a month last Friday afternoon. Since then, they’ve risen modestly on each of the past two business days. As has been the case for quite some time, day-to-day movement continues to be very tame. The ac…

Mortgage Rates Sideways to Slightly Higher

Mortgage rates were sideways to slightly higher today, depending on the lender. Underlying bond markets suggested a bit more movement, and that will likely be reflected in tomorrow morning’s rate sheets unless bonds improve overnight. In other words, e…

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