Well, it looked like the 30-year fixed was destined for the 5s until it didn’t. We were ever so close when 10-year bond yields nearly… Read More »Mortgage Rates Hit a Wall in Latest Attempt Into the 5s
I’ve long said that the banks weren’t interested in mortgages anymore. Their distaste for home loans probably began post-2008 when several were forced to close… Read More »Home Loans Could Get Cheaper If Banks Re-Enter Mortgage Game Thanks to New Rules
Rate (formerly known as Guaranteed Rate) has linked up with Betterment to deliver some big mortgage rate discounts. If you’re a current Betterment customer with… Read More »Betterment Customers Can Now Get Mortgage Rates Up to 0.75% Off with Rate
I keep hearing that more home buyers are considering adjustable-rate mortgages. And you are seeing it in the data, with ARMs accounting for 8% of… Read More »Adjustable-Rate Mortgage Rates Are Nearly Back Into the 4% Range
It was yet another W for mortgage rates this morning after a cool CPI report was released by the Bureau of Labor Statistics. Mortgage rates… Read More »Mortgage Rates Extend Winning Week Thanks to Cool CPI Report
Just a day after a “blowout” jobs report was released, mortgage rates are falling again. I noted yesterday that mortgage rates did a very good… Read More »Mortgage Rates Fall Closer to 6% as Jobless Claims Rise
It seems the hot jobs report released this morning has already run out of steam. The Bureau of Labor Statistics released the delayed January jobs… Read More »Mortgage Rates Inch Back Toward the 5s Despite Big Job Gains
I came across a chart the other day on Instagram that showed how a 30-year fixed is paid down over time. They chose an interest… Read More »Lower-Rate Mortgages Are Paid Down Faster Even If They Have 30-Year Loan Terms
Seeing that it’s February, I thought I’d take the time to remind everyone that mortgage rates are lowest in the month of February! This is… Read More »Mortgage Rates Are Lowest in February
Yesterday was a good day for mortgage rates and a very bad day for the stock market. That tends to be how it works because… Read More »Mortgage Rates Move Back Toward Three-Year Lows as Stock Market Crashes
