A slightly warmer-than-expected inflation report was offset by a cooler-than-expected jobs report today, keeping mortgage rates relatively flat. I spoke about the tug-of-war that is… Read More »CPI Comes in Warm, But Jobless Claims Enough to Keep Mortgage Rates Flat
Mortgage rates have been on an incredible run lately, reversing all the uncertainty and turmoil of the past 52 weeks. Rates are just about back… Read More »Mortgage Rates Biggest Headwind Is Inflation Again
Their a long-held belief that the Fed sets consumer mortgage rates. It’s reinforced by the media, namely working “journalists” that know little about how mortgages… Read More »The Fed Cutting Rates Is a Good Marketing Opportunity for Mortgage Loan Originators
About a month after launching a sale on home purchase mortgages, Chase Home Lending is now running a mortgage refinance sale. The promotion comes on… Read More »Chase Launches Limited Time Sale on Mortgage Refinances
Well, this morning’s jobs report delivered, assuming you were looking for even lower mortgage rates. If you were rooting for a strong economy, that’s a… Read More »Mortgage Rates Rally on Another Dismal Jobs Report
Well, there’s a silver lining to everything. And while the U.S. economy appears as if it’s faltering, at least mortgage rates are lower, right? It’s… Read More »Mortgage Rates at 2025 Lows Thanks to More Weak Employment Data
In a somewhat surprising move, mortgage financier Freddie Mac is upping maximum loan-to-value ratios on 2-4 unit primary residences. The move comes amid a possible… Read More »Freddie Mac Raising Maximum LTVs on 2-4 Unit Primary Residences to 95%
Well, summer is officially over and it is now September. And we’ve got a Federal Reserve meeting coming up in two weeks! It’s potentially a… Read More »Will a Fed Rate Cut Lead to Lower Mortgage Rates?
I sometimes forget your average homeowner doesn’t know it all when it comes to mortgages. They’re complex and confusing and what might seem obvious to… Read More »You Need a Buffer When Tapping Your Home Equity
The Federal Reserve rate cuts that are now projected as soon as next month will likely only lower short-term rates. That means those who are… Read More »The Fed Rate Cuts Will Only Make ARMs and HELOCs Cheaper
