Mortgage Rates Remain Unchanged After Downbeat Employment Report

Mortgage rates are based on bonds and bonds take cues from economic data. Employment-related data is particularly important. The monthly jobs report from the Department of Labor is in a league of its own in that regard, and while we won't get that this week due to the shutdown, this morning brought

Mortgage Rates Continue Holding Narrow Range

Mortgage rates were just barely lower this morning versus yesterday's latest levels, but most borrowers won't see any major difference from any of the past 7 business days. Additionally, some lenders issued mid-day changes, giving rates a slight bump in response to weakness in the bond market. With

Realtor.com®: Seven Figures Is Not What It Used to Be - Luxury Now Starts at $1.3 Million

Mortgage Rates Hold Flat to Start New Week

It was an uneventful day for the bond market (and, thus, interest rates) as investors wait for clarity on this week's potential government shutdown. It's not the shutdown itself that would notable. Rather, it would be the absence of this Friday's jobs report (published by the Federal government) as