Mortgage Rates Jump to Highest Levels of The Week

While there was never much of a chance of mortgage rates moving above the levels seen at the beginning of last week, they were easily able to nab the dubious distinction of hitting this week's highest levels today. This is the least surprising thing imaginable after looking at this week's chart of m

Mortgage Rates Didn't Actually Move Sharply Lower Today

Thursday's mark the release of Freddie Mac's weekly mortgage rate survey.  It's the longest running and most widely cited measure of mortgage rates, but it's not always the most accurate when it comes to tracking day to day changes. In today's case, the survey showed a sharp drop from 6.89 to 6

Realtor.com® June Rental Report: Despite Another Month of Declining Rents, U.S. Renters Still Pay $300 More Than Pre-Pandemic

Mortgage Rates Holding Near 5 Month Lows

Despite an active calendar of events that had the potential to cause volatility, average mortgage rates managed to remain unchanged in the morning and to move slightly lower in the afternoon.  Last Thursday's inflation data helped 30yr fixed rates drop to 5 month lows and there hasn't been much