European Headlines Help Mortgage Rates Bounce Back
Following Friday’s employment data, Mortgages Rates
moved quickly higher. In most cases, the changes were seen not in the quoted interest rates themselves, but rather in the closing costs required to obtain those rates. A small number of l…
Mortgage Rates Higher Following Employment Report
The monthly Employment Situation Report was released at 8:30am this morning, with much better-than-expected results. Stocks rallied sharply and most every interest rate in fixed-income markets moved higher. The economic optimism created by …
Read MoreMortgage Rates Maintain Record Lows Ahead of Friday’s Jobs Report
For the second day in a row, Mortgages Rates
are just slightly better than unchanged. Best-Execution
remains at 3.875% for conventional 30yr fixed loans, and the slight
improvements seen today have benefited the borrowing costs required to
ob…
Mortgage Rates Maintain Record Lows Ahead of Friday’s Jobs Report
For the second day in a row, Mortgages Rates
are just slightly better than unchanged. Best-Execution
remains at 3.875% for conventional 30yr fixed loans, and the slight
improvements seen today have benefited the borrowing costs required to
ob…
Mortgage Rates Remarkably Steady At Historic Lows
Mortgages Rates
are just slightly better than unchanged on the day. Best-Execution remains at 3.875% for conventional 30yr fixed loans, and the slight improvements seen today have benefited the borrowing costs required to obtain those rates.&nbs…
Mortgage Rates Slightly Higher Despite Bond Market Improvements
After setting new record lows yesterday, Mortgages Rates
rose slightly today, though 3.875% best-execution remains intact. Rather than affect the prevailing rates being quoted, today’s weakness is most likely to be seen in the form of slightly h…
Mortgage Rates Hit New All-Time Lows!
It’s happened before and it happened again today: Mortgages Rates
hit new all time lows today. Please note, that the actual interest rate you would have been quoted last week and this week may not have changed, but based on raw data from more th…
Mortgage Rates Improve For a 3rd Straight Day, Nearing All-Time Lows Again
Mortgages Rates
continued their march into better territory today, capping a 3 day effort of improvement following Wednesday’s FOMC Announcement. At this point, rates have not only solidified their re-entry into 3.875% Best-Execution levels, but…
Mortgage Rates Continue To Solidify Bounce Back To Lows
Mortgages Rates over the past two days have done much to make ground lost leading up to Yesterday’s FOMC Announcement. After further improvements today, rates further solidified their reentry into 3.875% 30yr Fixed Best Execution levels. (f…
Read MoreMortgage Rates Return To Historic Lows Following FOMC Announcement
Mortgages Rates spent 2 days at 4.0% in terms of rounded average “Best-Execution” rates (for detail on what that means, READ THIS POST from a few days ago). Today, that rounded average has returned to 3.875%. Although the underlying average…
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