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

You’ve probably heard that mortgage rates hit a new 2026 high. That’s true. The 30-year fixed climbed to 6.89%, per the latest daily rate update… Read More »Mortgage Rates Are at New 2026 Highs, But There’s a But

Just days after the big Jackson Hole Fed event, mortgage rates are under pressure for other reasons. The reason? The ongoing conflict in the Middle… Read More »Mortgage Rates Higher Thanks to First Military Strikes in a Month

While they aren’t at their absolute worst, mortgage rates remain very close to their one-year high. They’re about .125% below their 52-week highs, which were… Read More »Why Mortgage Rates Are Near a One-Year High