Mortgage Rates Barely Budge to Start New Week

The bond market and interest rates have arrived at the first full week of the new year almost exactly where they left off before the X-mas/New Year holiday weeks.  There was a small amount of underlying volatility in bonds today, but not enough to translate into volatility for mortgage rates.&n

Mortgage Rates Slightly Higher Today, But Generally Flat Over Past 2 Weeks

The official holiday dates may be in the rearview, but as far as interest rates and underlying bond markets are concerned, this was the last day of the winter holiday season.  The same logic would put the start of the holiday season at December 23rd--a day where the average top tier 30yr fixed

Mortgage Rates Haven't Moved Much Since Fed Week

The last time mortgage rates were moving with any sense of urgency was in the days surround the Fed's rate cut on December 18th. Incidentally, that movement was sharply higher, which is just as likely as any other outcome when the Fed is cutting rates for a variety of reasons. The rate rise leveled

Mortgage Rates Slightly Higher as Markets Close Early

Major holidays typically involve a full day market closure along with an "early close" on an adjacent day.  This matters to rates because mortgage lenders decide what they can offer based on trading levels in the bond market.  Mortgage lenders also need a certain amount of activity in the