Mortgage Rates Surge to Highest Levels Since February

While no one can be sure exactly how things will pan out in the long run, the market is currently expressing extreme disapproval of the new tariff plans.  While interest rates had previously benefited from some of the chaos in the stock market, that ship has sailed. Now, both sides of the marke

New Study from Realtor.com® Finds Movers Spend More than $17,000 on Average Setting Up Their Homes and Establishing New Routines

Worst 24 Hours For Rates So Far This Year

Tariff volatility giveth and taketh from interest rates.  Up until Friday afternoon, it's been mostly "giveth-ing."  In other words, the prospect of trade wars between the US and numerous foreign countries has generally caused weakness in the stock market and strength in the bond market (s

Rate Rally Reverses, But Focus on Bigger Picture

This week is ending with the average top tier 30yr fixed mortgage rate at its lowest level since early October, 2024. The only way to be disappointed about that would be to focus on the fact that rates were even lower this morning. Rates fell sharply due to the market's ongoing reaction to Wednesda