All Articles and Updates
Mortgage bonds finally closed the gap between them and Treasury yields (with only a small cushion remaining), making rates a lot more susceptible to change.
Rates maintained their record-breaking levels from last week, remaining nearly 1% below last year’s levels. This week, the 30-year fixed rate mortgage held steady at
Rates are staying low despite Treasuries’ lift-off in December. The 30-year fixed rate mortgage fell 2 basis points to 2.80% while the 15-year held at
While long-term prospects are shaping up with announcements of a 94% effective vaccine, mortgage rates are paying more attention to the short-term troubles we’ll face
Rates fell in grand fashion last Thursday as Biden took the lead in multiple swing states while, in the Senate, Republicans continued to hold onto
Both the 30- and 15-year mortgage moved up 2 basis points, leaving the 30-year fixed rate mortgage at 3.02% while the 15-year fixed rate mortgage