While they aren’t at their absolute worst, mortgage rates remain very close to their one-year high. They’re about .125% below their 52-week highs, which were… Read More »Why Mortgage Rates Are Near a One-Year High
A lot of the recent uptick in mortgage rates has been attributed to the ongoing war with Iran. But there is perhaps another, lesser known… Read More »Is AI Pushing Mortgage Rates Higher?
The best way to sum up mortgage rates right now is any “good news” is simply stopping the bleeding. You’re not seeing sizable drops when… Read More »Mortgage Rates Simply Trying to Limit the Damage Right Now
Just as it appeared there was no relief in sight for mortgage rates, the Treasury Department stepped in. No, this isn’t QE all over again,… Read More »Mortgage Rates Get Help From Unexpected Treasury Buyback Program
It seems mortgage rates can’t catch a break lately. So maybe we need a Plan B. Or rather, a Plan C! Have you ever heard… Read More »Can Jim Cramer Save Mortgage Rates?
It feels like nothing will really help mortgage rates move lower at the moment. Sure, they came down a handful of basis points from a… Read More »Despite Good Inflation Reports, Mortgage Rates Stuck Near 52-Week Highs
An in-line CPI report released this morning means mortgage rates should continue to avoid going much higher. At the same time, they seem to be… Read More »In-Line CPI Report Takes Pressure Off Mortgage Rates, But Major Relief Still Elusive
Mortgage rate Q&A: “Can you get a 4% mortgage rate?” This seems to come up a lot now that mortgage rates are no longer on… Read More »Can You Get a 4% Mortgage Rate Still?
The July jobs report just came out and it was very ugly. So ugly that the number of jobs created was negative instead of positive.… Read More »Mortgage Rates Catch a Break as Job Growth Goes Negative
Mortgage rates moved higher again today on the eve of the July jobs report. The monthly jobs report from the Bureau of Labor Statistics (BLS)… Read More »Mortgage Rates Move Higher on Jobs Report Defense
