Mortgage Rates Higher For Some Lenders and Lower For Others

Mortgage rates moved modestly lower for the average lender today, but higher for others. The distinction is whether the lender in question made a late-day adjustment yesterday afternoon.  At the time, the underlying market for mortgage bonds was improving somewhat sharply. This prompted several

Realtor.com® December Rent Report: Relief Skips Many Lower-Cost Renters

Mortgage Rates Unchanged Despite Bond Market Improvement

Trading levels in the bond market directly impact the rates that mortgage lenders can offer. This is why rates moved so much lower after last week's news regarding planned purchases of $200bln in mortgage backed bonds.  But bonds aren't the only input for rates, and those other inputs can make

Mortgages Above 6% Now Exceed Share of Mortgages Below 3%, Marking a Turning Point in the Rate Lock-In Era