Mortgage Rates Much Steadier Today, But Still a Bit Higher

Mortgage rates jumped to their highest levels since late July yesterday.  Underlying market movement wasn't readily attributable to any singular headline or economic report.  Leading theories involve changes in election odds and more esoteric aspects of the bond market's plumbing. The dama

Back From the Brink: Home Buyers Retreat from Record-High Down Payments, According to Realtor.com®

Rates Jump Quickly to Highest Levels Since July

By the smallest of margins, mortgage rates are back up to levels last seen in July.  That means we've gone from being fairly close to 6% in mid-September to being nearly as close to 7% today when it comes to top tier 30yr fixed scenarios for the average lender. Today's jump was particularly qui

Mortgage Rates Mostly Steady This Week After Uneventful Friday

There hasn't been much day to day movement in mortgage rates after the big jump caused by the jobs report earlier in the month.  That jump ended on Monday the 7th and the average 30yr fixed rate hasn't moved more than 0.06% since then.  For context, we wouldn't consider a short term move t