It’s shaping up to be a very bad week for mortgage rates. After getting both a hot labor report and a hot CPI report, we… Read More »Mortgage Rates Climb Back Toward 7.50% as 10-Year Yield Sees Biggest Weekly Jump in Over a Year

After a day off due to Veterans Day, it was back to higher bond yields again, which will translate to higher mortgage rates as well.… Read More »More Pain for Mortgage Rates as Bond Yields Jump Back Above 5.10%

The bond market is closed today for Veterans Day, but with tech stocks rallying, the pressure is back on mortgage rates. Yesterday already did a… Read More »Mortgage Rates Back Under Pressure as Tech Stocks Bounce

And just like that, mortgage rates are back under immense pressure thanks to a hotter-than-expected inflation report. As I pointed out yesterday, CPI was the… Read More »Hot CPI Report Sends Mortgage Rates Surging Higher

Oil prices are falling again, but mortgage rates aren’t seeing much relief to start the week. The reason might be that oil and the war… Read More »Oil Prices Keep Sinking, But Mortgage Rates Aren’t Getting Much Help

Goldman Sachs just put out their 2027 housing outlook and the good news is it has mortgage rates coming down next year. And by a… Read More »Goldman Sachs Sees Mortgage Rates Falling to 6.4% in 2027

Mortgage rates continue to build on improvement seen last week, with the bellwether 10-year bond yield now down below 4.9%. That’s the lowest yield we’ve… Read More »Mortgage Rates Edge Closer to a 6-Handle Ahead of Midterms and Jobs Report

Mortgage rates are even lower today, inching their way closer and closer to a 6-handle. And once again tech stocks are getting hammered, pushing a… Read More »Tech Selloff Keeps Pushing Mortgage Rates Closer to the 6s