Rates are stabilizing, but not for long
Rates continued to de-escalate this week with the 30-year fixed rate mortgage 6 basis points lower at 7.09% and the 15-year mortgage 5 basis points …
Mortgage Market Insider
The Fed hints at a flat policy rate
After spiking mid last week, rates lowered once more by the beginning of the week (more on this later). As it stands, the 30-year fixed …
New records in rates
Rates are at 20-year highs with the 30-year fixed rate mortgage up 49 basis points at 7.14% and the 15-year mortgage up 32 basis points …
Rates drop back down from record 7%
After a rapid ascension last week, rates have cooled off some. The 30-year fixed rate mortgage is now back in 6’s territory after dropping 43 …
Rates forge ahead
Rates surged again this Monday and are now at 52-week highs. The 30-year fixed rate mortgage hiked up 19 basis points to 6.47% while the …
Borrowers face tightened standards
Rates were steadily moving lower until yesterday when they shot back up in response to a higher-than-expected CPI (consumer producer index). As it stands, the …
Summertime rate sadness
Rates sailed into dangerous territory and are now just below their respective 52-week highs. The 30-year fixed rate mortgage jumped 30 basis points to 6.25%. …
Housing projections over the next three months
Following a calm Friday, rates shot up at the beginning of the week. The 30-year fixed rate mortgage increased another 22 basis points to 5.95%. …
Rate correction in August
In the days leading up to the highly anticipated Jackson Hole Symposium, the 30-year fixed rate mortgage shot up 44 basis points to 5.73%. The …
Builders offering 5% discount on new homes
Rates are back down in light of last week’s inflation data which fell below expectations. The 30-year fixed rate mortgage fell 6 basis points to …