Mortgage Rates Near 1-Month Highs, But That's Still Pretty Great

Mortgage rates moved higher today after an employment report suggested that Friday's forthcoming Employment Situation (the BIG jobs report) might come in slightly better than expected.  The report in question, ADP Employment, is always released 2 days before the big jobs report and it's designe

Mortgage Rates Begin The Month With a Modest Victory

While the past 5 months have been well-stocked with victories for mortgage rates, the past week and a half brought a bit of a pull back.  Most of that upward momentum can be chalked up to rates rushing to get into position for the Fed's rate cut on September 18th.  It's actually quite a bi

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Mortgage Rates Moderately Higher to Begin The Week

Mortgage rates have generally been moving higher since the Fed cut rates 2 weeks ago.  We've discussed and explained that paradox exhaustively and can now move back to tracking the normal array of cause and effect in the rate market. The first day of the new week kept the trend of steady rate i