Mortgage Rates Move Higher After Trade Deal

Mortgage rates moved back up to the higher levels seen earlier this week after the official announcement of a trade deal between the U.S. and the U.K. Most lenders actually began the day fairly close to yesterday's latest levels, but were ultimately forced to raise rates in response to weakness in t

New Construction Offers a Boost in Home Affordability, but Tariffs May Stall Progress

Mortgage Rates Lower After Fed Announcement, But Not Because of It

There's nothing like a Fed announcement day to get almost every media outlet to run headlines that attempt to tie the day's market movement to the Fed's rate decision. The problem in today's case is that there wasn't even anything remotely resembling a decision, nor did anyone expect there to be. Ma

Mortgage Rates Improve Slightly After Starting Out Flat

Mortgage rates were unchanged for the average lender this morning, thanks to a modest improvement in the bond market overnight.  Rates were on course to remain mostly flat until the afternoon's scheduled 10yr Treasury auction.  The market's reaction to the auction allowed many lenders to r