Author: Mortgage Interest Rates Report

Mortgage Rates Still In Trouble (Part 2)

Mortgage Rates Still In Trouble (Part 2)

Mortgage rates are still in trouble . That was last week’s message and it continues to apply. This week’s biggest flashpoint was the release of the Consumer Price Index (CPI)–a key inflation report that has serious consequences for the bond markets th…

Mortgage Rates Still In Trouble (Part 2)

Mortgage Rates Still In Trouble (Part 2)

Mortgage rates are still in trouble . That was last week’s message and it continues to apply. This week’s biggest flashpoint was the release of the Consumer Price Index (CPI)–a key inflation report that has serious consequences for the bond markets th…

Mortgage Rates Still In Trouble

Mortgage Rates Still In Trouble

Mortgage rates experienced some ups and downs this week (mostly ups), but ultimately weren’t able to capitalize on a few attempts to move lower. Monday’s initial rate sheets were the highest in years, but they were soon superseded by afternoon improvem…

Mortgage Rates Skyrocket

Mortgage Rates Skyrocket

Mortgage rates had 2 awful weeks in a row, and now this one makes them look like a warm-up. Rates surged easily to the highest levels in more than 4 years as investors continue to digest the deadly cocktail of decreased central bank accommodation, incr…

Mortgage Rates Skyrocket

Mortgage Rates Skyrocket

Mortgage rates had 2 awful weeks in a row, and now this one makes them look like a warm-up. Rates surged easily to the highest levels in more than 4 years as investors continue to digest the deadly cocktail of decreased central bank accommodation, incr…

Mortgage Rates Surge to 9-Month Highs

Mortgage Rates Surge to 9-Month Highs

Mortgage rates surged to 6-month highs last week and kicked into higher gear this week. The result was a move to the highest rates since the beginning of 2017 with many borrowers seeing quotes that are 0.25% higher than they were last week. Although we…

Mortgage Rates Surge to 6-Month Highs

Mortgage Rates Surge to 6-Month Highs

Mortgage rates surged to 6-month highs on Tuesday and then held fairly steady from there. Although several convenient headlines were offered up by financial media to explain the move, it was simply the result of pent-up momentum that had been corralled…

Mortgage Rates Hold Steady; Volatility Potential Increases Next Week

Mortgage Rates Hold Steady; Volatility Potential Increases Next Week

Mortgage rates ended up holding steady , for the most part, by the end of the week. There was very little movement throughout the week in absolute terms, although we did see a few reactions to some of the headlines. On Wednesday, the Fed released its m…

Rates Jump Quickly, But Don’t Blame The Tax Bill (This Time)

Rates Jump Quickly, But Don’t Blame The Tax Bill (This Time)

Mortgage rates experience their sharpest 3-day increase since late June this week, leaving the average lender more than an eighth of a percentage point higher. While an eighth of a point may have been a fairly typical “big week” in previous years, it’s…

Mortgage Rates Lower This Week Despite Fed Hike

Mortgage Rates Lower This Week Despite Fed Hike

Mortgage rates fell this week, despite a rate hike from the Fed. How do mortgage rates move lower if the Fed just raised rates? One is not directly tied to the other. Mortgage rates can move every single day (sometimes several times in a day) while the…