It seemed inevitable that mortgage rates would rise back to 7%. Ever since the war broke out at the end of February, the pressure was… Read More »Welcome Back 7% Mortgage Rates

What was once going well isn’t going so well today. I’m talking about mortgage rates, which had been at their best levels in years this… Read More »President Trump, Who Campaigned on Bringing Back 2% Mortgage Rates, Faces 7% Rates as Midterms Approach

Mortgage rates have already had a rough couple of weeks. But it could get even worse if a pair of inflation reports come in hot… Read More »Two Big Inflation Reports Could Push Mortgage Rates Back to 7% This Week

Any hope of a trend reversal for mortgage rates seems to be DOA. A cooler-than-expected jobs report this morning could have taken the pressure off.… Read More »No Relief for Mortgage Rates as August Jobs Report Comes in Hot

You’ve probably heard that mortgage rates hit a new 2026 high. That’s true. The 30-year fixed climbed to 6.89%, per the latest daily rate update… Read More »Mortgage Rates Are at New 2026 Highs, But There’s a But

Just days after the big Jackson Hole Fed event, mortgage rates are under pressure for other reasons. The reason? The ongoing conflict in the Middle… Read More »Mortgage Rates Higher Thanks to First Military Strikes in a Month

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