Renting is Still More Affordable than Buying in All but Two Major U.S. Metros

Mortgage Rates Drop to Lowest Levels Since December 17th

The final two days of the present week weren't on many bingo cards as of Wednesday afternoon.  At the time, rates were jumping higher in response to inflation data.  That same morning, the Consumer Price Index (CPI) showed consumer inflation accelerating much faster than expected last mont

Mortgage Rates Completely Reverse Yesterday's Spike

Mortgage rates jumped quickly higher yesterday following the higher inflation reading in the Consumer Price Index (CPI). Now today, rates have completely erased the move despite a similar report, the Producer Price Index (PPI) seemingly adding fuel to the inflationary fire. PPI is almost never as bi

Mortgage Rates Highest in Nearly a Month After Inflation Report

Today's mortgage rate movement is very straightforward.  Unfortunately, it's also marked by a straight line toward higher levels--in this case, the highest since January 14th. Incidentally, January 14th was the day before the last instance of the Consumer Price Index (CPI), the same inflation r