Category Archive: Mortgage News

Mortgage Rates Highest in 9 Months

Mortgage rates were only moderately higher today, but the move was enough to officially bring them to the highest levels since the Spring of 2017. In other words, most lenders’ rate quotes are fairly similar to recently bad days (like last Wednesday), …

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Mortgage Rates Still Working on That Ceiling

Mortgage rates didn’t move much today. Most lenders were just slightly lower/better this morning, but mid-day market weakness prompted several of them to reissue higher rates. In the bigger picture, however, the past several days represent a welcome st…

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Mortgage Rates Avoid More Dire Outcomes After Inflation Report

Mortgage rates caught a break yesterday by moving lower for the first time this week. They arguably caught a break again today by not moving any higher than they did. Underlying bond markets (which drive mortgage rate changes) were rocked this morning …

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Mortgage Rates Catch a Break With Help From Treasuries

Mortgage rates caught a break today, moving lower for the first time this week and pushing back from the highest levels since early July 2017. Like yesterday, strong demand at a Treasury auction helped US bond markets, but notably, only the longer-term…

Mortgage Rates Remain at 6-Month Highs Despite Late Day Bounce

Mortgage rates were much higher this morning, bringing them to new 6-month highs (a dubious distinction also accomplished yesterday). Unlike yesterday, there were good and bad moments today. Bond markets (which underlie rate movement) were already star…

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