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Mortgage Rates Slightly Higher

Mortgage rates moved higher today, but the changes were minimal for most lenders.  Bond markets (which underlie interest rates) have been searching for inspiration recently and largely coming up short.  This morning contained several economic reports and the House...

Mortgage Rates Lower After Inflation Data

Mortgage rates fell today, largely in response to the past two days of bond market improvement.  In other words, lenders had been keeping their guard up ahead of today’s key inflation data (The Consumer Price Index, or “CPI”).  While it’s true...

Mortgage Rates Mixed Depending on Lender; Volatility Ahead

Mortgage rates didn’t move much today, despite moderate improvements in bond markets.  Typically, stronger bond markets result in lower rates, but if anything, more lenders moved into slightly weaker territory.   That has a lot to do with the fact that bonds...

Mortgage Rates Sideways to Slightly Higher

Mortgage rates were unchanged to slightly higher today, keeping them in line with their highest levels in more than 2 weeks, depending on the lender.  Bond markets (which underlie mortgage rates) were in slightly better shape this morning, but that failed to translate...

Mortgage Rates Jump to 2-Week Highs

What a difference 2 days make! Freddie Mac’s weekly rate survey was out yesterday prompting multiple news outlets to declare “slightly lower rates” on the week.  Given that Freddie’s survey only gathers responses through any given Wednesday,...

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