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Mortgage Rates Stay Boring, But For How Long?

Spats of volatility in the mortgage rate world seem to last only a matter of hours recently and to occur only a few times on any given month.  The rest of the time is spent drifting mostly sideways waiting for the next big shoe to drop. We've been decisively locked in one of those "drifting" mo

Mortgage Rates Remain Unchanged to Start The Week

Mortgage rates rose at a moderately quick pace on Friday, partially in response bond market weakness on Thursday afternoon that happened too late in the day for many lenders to update their offerings.  To be fair, it was only "moderately quick" relative to the subdued volatility seen during the

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