Mortgage Rates Stay Flat Despite Underlying Market Volatility

We know that mortgage rates are driven by financial markets and we know that financial markets have experienced volatility amid the roll-out of new tariffs over the weekend. But rates are starting the current week right in line with Friday's latest levels (themselves, little-changed from any other d

Mortgage Rates Round Out Eerily Calm Week

For all of the news that seems to be highly likely to cause volatility for rates, the market reaction ended up playing out on a very small scale. The biggest day of movement was Monday, with rates opening moderately lower versus the previous week after the big AI-driven stock sell-off pushed some in

Lowest Rates in Over a Month, But There's a Catch

Interest rates are driven by the bond market and bonds are at their best levels in over a month. As such, it's no surprise that mortgage rates are able to make a similar claim.  In fact, we'd need to go back to December 20th to see a lower average rate for top tier 30yr fixed mortgages. The cat

The New Year Brings More Inventory to the Market