Rates Are Settling Down After 2 Wild Weeks

Mortgage rates had a much calmer week this week compared to the previous 2.  The average top tier 30yr fixed rate held a fairly narrow range between 6.49 and 6.58, with Friday's latest move being a decent drop back to 6.56%.  Contrast that 0.09% range to the previous two weeks, which saw r

Rates Jump Higher After Upbeat Economic Data

Mortgage rates had moved a bit lower since their most recent high last Thursday.  By yesterday afternoon, the average lender had moved down to 6.49 from just under 6.63 for a top tier conventional 30yr fixed purchase. After this morning's economic data, almost all of that improvement was erased

Realtor.com® July Rental Report: Renting Still Beats Buying in All of the Largest U.S. Metros

Mortgage Rates Dip Back Below 6.5%

Today brought the release of important economic data with the power to cause a sharp increase or decrease in mortgage rates.  There are a wide variety of economic reports that guide investors as well as Fed policy (which in turns has an impact on investor decisions).  All of the above make