Soft Jobs Report Takes Pressure Off Mortgage Rates
I said it was going to be a big week for mortgage rates and it didn’t disappoint. But oddly, mortgage rates shot up for a… Read More »Soft Jobs Report Takes Pressure Off Mortgage Rates
Kevin Warsh Throws Cold Water on Lower Mortgage Rates
Be careful what you wish for when you nominate someone to accomplish a specific task. It’s no secret that President Donald Trump selected Kevin Warsh… Read More »Kevin Warsh Throws Cold Water on Lower Mortgage Rates
Mortgage Rates Could Drop as Much as Half a Percent with Basel Re-Proposal
Looking for mortgage rate relief? It could come without any further improvement in bond yields. Instead, Basel re-proposal, which boils down to improved bank capital… Read More »Mortgage Rates Could Drop as Much as Half a Percent with Basel Re-Proposal
Mortgage Rates Face Big Week of Jobs Data
If you’re watching mortgage rates, keep a close eye on the abundance of jobs data being released this week. There are three key reports being… Read More »Mortgage Rates Face Big Week of Jobs Data
Are Mortgage Rates Finally Poised to Start Falling Again?
A while back I noted that mortgage rates were trending higher. This was after a long period of trending lower. It was effectively a switch… Read More »Are Mortgage Rates Finally Poised to Start Falling Again?
Mortgage Rates Are Having a Good Day as Oil Prices Fall to Pre-War Levels
Maybe the reopening of the Strait of Hormuz is the ticket to lower mortgage rates. After all, that is essentially what caused them to jump… Read More »Mortgage Rates Are Having a Good Day as Oil Prices Fall to Pre-War Levels
You Can Still Get a Sub-6% Mortgage Rate, But Is It Worth It?
I’ve seen a lot of articles lately talking about how you can still get a sub-6% mortgage rate, despite the recent uptick. We had 5%… Read More »You Can Still Get a Sub-6% Mortgage Rate, But Is It Worth It?
Mortgage Rates Dip on Peace Deal, But May Take Time to Fully Recover
Mortgage rates got a little boost today thanks to an apparent peace deal between the U.S. and Iran. However, the 30-year fixed remains well above… Read More »Mortgage Rates Dip on Peace Deal, But May Take Time to Fully Recover
Reuters Poll Says 30-Year Fixed Mortgage to Remain Above 6% Through 2028
A new Reuters poll conducted between June 1st and June 11th revealed that housing experts expect elevated mortgage rates through at least 2028. The survey… Read More »Reuters Poll Says 30-Year Fixed Mortgage to Remain Above 6% Through 2028
Mortgage Rates Hold Steady Despite Worst Inflation Since 2023
It feels like we’re repeating history, and not the pleasant kind. Inflation readings came in at their worst since 2023, which incidentally was when the… Read More »Mortgage Rates Hold Steady Despite Worst Inflation Since 2023