Mortgage Rates Barely Budge, But That Will Change Soon

Mortgage rates are based on movement in the bond market and bonds haven't been moving much over the past 3 days.  That's resulted in very little change in the average mortgage rate from one day to the next, and zero change today.   Bonds can be inspired by a number of events and data

Realtor.com® June Housing Report: The 50 Largest Markets Experience Inventory Growth Compared to Last Year

Mortgage Rates Gently Lower to Begin New Week

Apart from July 1st, mortgage rates have fallen every day so far this month.  The counterpoint is that only adds up to 4 business days so far.  The other counterpoint is that the improvements have been fairly modest over the past two days with the average borrower still likely to be quoted

Mortgage Rates End Week Lower Thanks to Jobs Report

The average top tier 30yr fixed rate may not be back under 7% just yet, but as of Friday, it is back below the levels seen last Friday.  That fact is at odds with major weekly rate surveys which showed a somewhat significant increase, but those surveys came out before today's jobs report. Offic