Are 8% Mortgage Rates a Foregone Conclusion?
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?
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
Rocket Mortgage announced today that it will soon default to VantageScore 4.0 instead of the FICO score it relied upon for years. The switch is… Read More »Rocket Mortgage Making the Switch From FICO to VantageScore
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
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