Mortgage Rates Move Slightly Lower After Today's Data

There was a bit of behind-the-scenes volatility in the bond market today.  Normally, bond volatility translates to interest rate volatility. In some cases, the timing of the volatility is such that  has a minimal impact on mortgage lenders. Today was one of those days. Yesterday evening, n

Millennials Show Increased Interest in Buying a Home Despite High Mortgage Rates, Realtor.com® Survey Finds

Mortgage Rates Hold Mostly Steady

After moving moderately lower to start the new week yesterday, mortgage rates backtracked ever-so-slightly today.  Top tier conventional 30yr fixed rates remain just under 7% for the average lender.  They spent 3 days above that mark last week. Rates can move for a variety of reasons with

Mortgage Rates Move Back Under 7%

The 30yr fixed mortgage rate index spent 3 consecutive days over 7% last week--the first time that's happened since February.  Rates have generally been in a more volatile, more elevated range for the past 7 weeks compared to the narrow range seen in March. To put that in perspective, the diffe