Holiday Slowdown Arrives in December with Some Silver Linings For Buyers

Mortgage Rates Rise to Match 6 Month Highs

We came into the current week knowing that rates would take cues from any clear cues in this week's economic data.  In general, that means higher rates in response to stronger data or lower rates if the data is weaker.   Today's data was stronger across the board. One of the most clos

Mortgage Rates Barely Budge to Start New Week

The bond market and interest rates have arrived at the first full week of the new year almost exactly where they left off before the X-mas/New Year holiday weeks.  There was a small amount of underlying volatility in bonds today, but not enough to translate into volatility for mortgage rates.&n

Mortgage Rates Slightly Higher Today, But Generally Flat Over Past 2 Weeks

The official holiday dates may be in the rearview, but as far as interest rates and underlying bond markets are concerned, this was the last day of the winter holiday season.  The same logic would put the start of the holiday season at December 23rd--a day where the average top tier 30yr fixed