
Mortgage Rates Near Lowest Levels Since October
Officially, there were 2 days at the end of November where the average lender's 30yr fixed rates were just a hair lower (0.02% difference). Otherwise, today's rates would be the lowest since late October. The improvement follows this morning's release of November's Consumer Price Index (CPI).
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When Mortgage Rates Rise Flipped Homes Fall Flat
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Mortgage Rates Unchanged Ahead of Important Inflation Data
Mortgage rates were perfectly unchanged compared to yesterday's levels for the average lender. This wasn't a huge surprise considering the absence of any high stakes economic data, but tomorrow could be a different story. Rates are driven by bonds and the economy is one of the primary sources of mot
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Mortgage Rates Only Slightly Lower, But Volatility Risks Remain
There was a decent chance that rates would have made a fairly big move today in response to the release of November's jobs report. This is the most important economic data as far as rates are concerned and today's was the first full release since before the government shutdown. In general, weaker em
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