There are charts floating around (again) claiming that the 30-year fixed mortgage is back to 7%. These are hyperbolic and misleading and being used to… Read More »No, Mortgage Rates Are Not Back to 7% Again
Mortgage rates are finally moving lower today due to two separate beneficial forces. First, 10-year bond yields are falling due to “very good and productive… Read More »Mortgage Rates Finally See Winning Day Thanks to Easing War Tensions and MBS Buying
Mortgage rates took another leg up today, rising ever closer to 6.50%. The culprit once again has been the conflict in the Middle East, which… Read More »Mortgage Rates Hit 2026 Highs, Look Headed Back to 6.50%
Here’s something new I haven’t seen this cycle. A home builder is offering to cover your first 12 mortgage payments if you purchase one their… Read More »A Home Builder Is Offering to Cover Your First 12 Mortgage Payments
Well, the housing market appeared to be warming up in February, but it might prove to be temporary. The National Association of Realtors reported that… Read More »Pending Home Sales Eke Out a Beat Thanks to Lowest Mortgage Rates Since 2022
Want to talk about a double whammy, just in time for the spring home buying season? Well, it occurred to me that thanks to the… Read More »Mortgage Rates and Gas Prices Are Back in the 6s!
A new self-service option from mortgage lender Beeline could mean loan officers are one step closer to extinction. For years, we’ve heard that mortgage loan… Read More »Beeline’s Self-Service Mortgage Option One Step Closer to Loan Officer Extinction
I track mortgage rates over time on this website and aside from the weekly rate change, I also indicate whether they’re rising or falling. Today,… Read More »Mortgage Rates Just Flipped From Trending Down to Trending Up
Somehow mortgage rates went from being the best since 2022 to the worst this year, all in the span of about a week and change.… Read More »Mortgage Rates Just Hit Fresh 2026 Highs
It’s been a topsy-turvy couple weeks for the markets, leading to wild swings in stocks, bonds, and mortgage rates. The driver has been the Iranian… Read More »Bond Yields Near Highest Levels of the Year, Will Mortgage Rates Follow?
