
Mortgage Rates Sideways to Slightly Lower
It was another generally uneventful day for the bond markets and, consequently, for the mortgage rates that take cues from bond market movement. While there were a few more economic reports on tap, none of them had a big impact on trading levels. Instead, bonds began the day in slightly weaker
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Mortgage Rates Basically Unchanged Over The Weekend
Mortgage rate movement is tied to activity in the bond market and like many things in the world of finance, the bond market depends on participation from human beings. As such, late summertime Mondays are occasionally superfluous when it comes to contributing to the broader interest rate narrative.&
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Mortgage Rates Fall to 2 Week Lows After Fed's Friendly Message
Every year, the Federal Reserve (aka "the Fed") gathers in Jackson Hole, WY with a bevy of other central bankers and academics to discuss and comment on monetary policy in a setting that's slightly less formal than normal. Despite the scenic backdrop, Jackson Hole speeches by the Fed Chair hav
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Modest Bounce For Mortgage Rates
After moving lower for 4 straight days to hit the 3rd lowest levels in more than a year, mortgage rates bounced just a bit higher today. This was the first day of the week with meaningful economic data and the bond market (which dictates rate movement) frequently takes cues from such data. In
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