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

Mortgage Rate Winning Streak Finally Ends, But Just Barely

When is a defeat not really a defeat?  Mortgage rates have an idea.  They're fresh off an incredibly rare 8 day winning streak that took the average 30yr fixed rate to the lowest levels in 5 months AND well under the 7% mark for top tier scenarios. Contrast all that gloriousness to today's

Mortgage Rates' Impressive Winning Streak Faces Increasing Resistance

We occasionally reference 5 day winning streaks for mortgage rates as the sort of uncommon occurrence that greatly increases the odds of at least a temporary pullback.  Longer streaks do happen, but odds of a pullback increase sharply after 8 days. With all that in mind, today marked the 8th st