Everyone knows mortgage rates are a lot higher today than they were just a month ago. We’re all aware that housing affordability has gone downhill… Read More »Mortgage Rate Lock-In Is Baaack

There are several ways to get lower mortgage rates. You can get inflation down, which is a positive for bonds and thus mortgage-backed securities. Or… Read More »Least Desirable Path to Lower Mortgage Rates the Only One Working Right Now

The longer this aggressive uptrend goes on, the more it feels like 8% mortgage rates are inevitable. By some accounts, we are only about a… Read More »Are 8% Mortgage Rates a Foregone Conclusion?

Well, we got a tame PCE report this morning, which would normally be good news for mortgage rates. But instead of seeing bond yields drop… Read More »Mortgage Rates Waiting on the Jobs Report for Their Next Move

If you’ve ever looked at a mortgage rate chart, you’ll see that mortgage rates experienced a double-top in the early 1980s. That’s when mortgage rates… Read More »Mortgage Rates Could Top Out at 8.88% If History Repeats

Mortgage rates feel pretty hopeless right now. They’ve risen from sub-6% to the mid-7s in just the past six months. With a meteoric rise over… Read More »What Can Save Mortgage Rates?

Now that mortgage rates are the highest they’ve been since early 2025, the next logical question is how high will they go? How high do… Read More »What’s Next for Mortgage Rates? 7.50%? 8%?

Just when it appeared that mortgage rates were chipping away, they’re back to new highs. And not just any old highs, but the highest highs… Read More »Mortgage Rates Now Highest Since Trump Took Office

Every day, we fret about small changes in mortgage rates, even if it amounts to just a handful of basis points. The 30-year fixed climbed… Read More »Mortgage Rates Are Nearly 1% Apart Between Lenders Right Now