Mortgage Rates Roughly Unchanged Today

While there's been plenty of movement in the average mortgage rate on any given day recently, today was not one of them.  30yr fixed rates remained above 7%, but technically fell 0.01% (an amount so small that it may as well be considered an absence of change).   Despite the flat day-

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Mortgage Rates Jump Back Above 7%

Last Thursday and Friday offered some hope that the persistent move to higher rates was finally leveling off.  It wasn't necessarily a rational hope, but if nothing else, it was "nice" to see the average 30yr fixed move back below 7%.  Even then, we cautioned against viewing the recovery a

Realtor.com® Report Finds VA Borrowers Are More than Twice as Likely as Conforming Borrowers to Have a Low Down Payment