While last week saw mortgage rates staying put near lows, today saw the trend continue but with less consistency between lenders as some lenders had improved pricing while others’ pricing worsened. Since last week was slow, with very low volume due to the holiday, market watchers are waiting patiently about new news coming regarding the […]

Last week saw mortgage rates maintain near historic lows through Wednesday. Thursday and Friday were quite a different story when mortgage rates moved upward and dramatically rose on Friday afternoon on renewed European vows to overcome their existing debt issues while preserving the European Union. Mortgage rates have been under considerable downward pressure for months […]

A nearly week long mortgage rate move downward ended yesterday when mortgage rates made a slight move upward. Today mortgage rates are near moving sideways all time historic lows. Expect things to be fairly quiet today since there is no domestic Economic data coming out. For this reason as well, market watchers are more focused […]

Last week saw mortgage rates mixed, ending the week lower overall. Last week also marked the end of a two day European Summit that ran from Thursday and Friday, which was a potential mortgage rate mover, but had little effect on US markets. Mortgage rates rose prior to the meeting, but as the meeting progressed […]

Yesterday saw mortgage rates hold steady near all time historical lows despite potential volatility due to the events going on in the Eurozone. The market can and will move on news coming out of Europe, but is moving less on general speculation. There is a high chance of more sideways movement until later in the […]

When the FOMC (Federal Open Market Committee) convened their fifth of eight annual meetings last Wednesday, they voted to leave the Fed Funds Rate (the rate at which banks lend money to each other overnight) unchanged at  0.000-0.250 percent. Following the meeting, mortgage rates rose only to come retrace on Thursday and Friday, once again settling […]

Last week saw mortgage rates improve considerably towards the end of last week, setting and then ending near all time lows, a story we’ve reported over and over again in the past weeks and months. Going into the weekend, the big event of the weekend was the Greek vote that took place on Sunday. Since […]

Today saw mortgage rates move noticeably lower than yesterday and close near all time lows. This comes after a slight rise in rates yesterday that was triggered by continued talk of possible international steps that might be taken in order to stimulate international economies. Generally speaking, good news like this will put upward pressure on […]

Yesterday saw mortgage rates uptick slightly and move sideways or marginally higher today. This is little economic data coming out this week with the ability to move mortgage rates, so volatility is to be expected as we mentioned on Monday. Mortgage rates have the ability to move on any new European news coming out, which […]

Last week saw mortgage rates rise earlier in the week and then close the week on new historic lows. Today has seen mortgage rates close steady, with a fractional change higher or lower depending on who you talk to. This week could be marked by volatile movement as well as there is little economic data […]