Mortgage Rates Higher For 3rd Straight Day

You may see conflicting news about mortgage rates today, depending on where you look. Weekly surveys, such as Freddie Mac's, are showing a fairly big drop from last week. That was indeed the case over the 5 business days of the weekly survey, but that data is now quite stale.   More timely

What Makes a Market Hot? Realtor.com Finds Homes in the Most On-Demand Markets Spend Two to Four Weeks Less on Market

Mortgage Rates Move Slightly Higher

It's been a great couple of weeks for mortgage rates, largely mirroring the terrible couple of weeks for the stock market. A combination of downbeat econ data and economic concerns helped push investors away from stocks and into bonds (mortgage rates are based on bonds where more demand means lower

Mortgage Rates Briefly Hit 4 Month Lows

Although mortgage rates are based on bonds, and although bonds are constantly on the move throughout the day, mortgage lenders prefer to set the day's rates only once. From there, if bonds make enough of a fuss, lenders will issue mid-day changes for better or worse. Today was a bit of a roller coas