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

The past month has been really rough for mortgage rates, but we could be near a top. The 30-year fixed has risen from around 6.875%… Read More »Are Mortgage Rates Going Up or Down?

Mortgage rates are lower today after the market finally digested the first Fed rate hike since 2023. The Federal Reserve hiked its short-term rate 0.25%… Read More »Maybe Mortgage Rates Did Like the Fed Rate Hike After All

The Federal Reserve is almost guaranteed to hike rates today. Odds are currently around 93%, per CME FedWatch, meaning it’s basically a sure thing. In… Read More »What Will Today’s Fed Rate Hike Mean for Mortgage Rates?

If you asked someone a year ago where mortgage rates would be today, my guess is they wouldn’t say one full percentage point higher. Yet… Read More »Mortgage Rates Are Now 1% Higher Than They Were a Year Ago

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