Mortgage Rates End Week at Highs

Don't stress out. If we ignore the past 5 days, today's mortgage rates are still the lowest since early 2023.  That said, they're up a bit from last week and they moved moderately higher day-over-day. Last week's news regarding Fannie and Freddie's plans to buy $200 bln of MBS (the mortgage-bac

Mortgage Rates Higher For Some Lenders and Lower For Others

Mortgage rates moved modestly lower for the average lender today, but higher for others. The distinction is whether the lender in question made a late-day adjustment yesterday afternoon.  At the time, the underlying market for mortgage bonds was improving somewhat sharply. This prompted several

Realtor.com® December Rent Report: Relief Skips Many Lower-Cost Renters

Mortgage Rates Unchanged Despite Bond Market Improvement

Trading levels in the bond market directly impact the rates that mortgage lenders can offer. This is why rates moved so much lower after last week's news regarding planned purchases of $200bln in mortgage backed bonds.  But bonds aren't the only input for rates, and those other inputs can make