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Another Boring Day With Mortgage Rates Near 3-Year Lows

Mortgage rates ended last week at the lowest levels in just over a month. It was the 3rd best day in over a year and the 24th best day in over 3 years. The other 23 days weren't too much lower either. The only differ https://www.rfr.bz/b427db9
Rates Hold Steady Just Above 3 Year Lows

The average top tier 30yr fixed rate was unchanged on Friday despite the bond market being slightly weaker. Normally, weaker bonds mean higher rates, but the timing of intraday market movement matters. In today's case, bonds are st https://www.rfr.bz/bd44017
Mortgage Rates Quickly Approaching Long-Term Lows

Despite a stark absence of any truly inspiring events, interest rates have managed to put in two fairly serious days of movement. In today's case specifically, there was an obvious intraday surge in the underlying bond mar https://www.rfr.bz/bba6e38
Mortgage Rates Slip to Another Multi-Week Low

Mortgage rates are based on bonds and bonds are trading at their best levels since September 17th.  Of course there are different kinds of bonds, so we should specify that we're talking about the bonds that are specifically ti https://www.rfr.bz/b1e9309
Mortgage Rates Maintain Last Week's Gains

Last week ended with mortgage rates dropping to their best levels since September 17th. Over the weekend, the underlying bond market maintained the gains seen on Friday afternoon, thus allowing most lenders to set rates at least a https://www.rfr.bz/bd434d6
Mortgage Rates Lowest Since Fed Day

Mortgage rates saw their biggest day-over-day decline of the past several weeks today in response to unexpected news regarding additional tariffs on China. Trump had previously been scheduled to meet with China's President Xi in 2 weeks https://www.rfr.bz/b15cf11
Mortgage Rates Move Slightly Higher

It's getting pretty tough to weave an interesting narrative on mortgage rates over the past 3 weeks. During that time, they just haven't changed that much for the average lender. Today was just another day in that regard. Bonds (which https://www.rfr.bz/be4beff
Mortgage Rates Remain Steady

Mortgage rates technically ticked a hair lower today, but it's more accurate to view them as being broadly sideways. Some lenders issued improvements yesterday afternoon.  Those lenders were closer to unchanged this morning.   As of this afte https://www.rfr.bz/b7caac0
Mortgage Rates Hold Steady in Tight Range

Mortgage rates have been in a very narrow range for nearly 3 weeks with the last major move seen on September 17th and 18th following the Fed rate cut. Paradoxically but not surprisingly, rates actually moved higher after the Fed https://www.rfr.bz/bd05e0d
Mortgage Rates Start The Week Near Recent Highs

Mortgage rates began the week right in line with their highest levels of the past 30 days.  This sounds a bit more dramatic than it is because the past 2.5 weeks have been very narrow and today's rates are merely at the uppe https://www.rfr.bz/bb9472a
Mortgage Rates Lowest Since Fed Day

Mortgage rates moved just a bit lower today. Relative to any other day in the past 2 weeks, it was unremarkable.  But because the range has been so narrow over that time, and because rates were already at the lower boundary of that rang https://www.rfr.bz/b98ec30
Mortgage Rates Technically Lower, But Effectively Flat

If we're splitting hairs, today's mortgage rates are half a hair lower than yesterday's, but the average borrower might not see a difference in a rate quote. Our 30yr fixed rate index fell by the smallest increment po https://www.rfr.bz/b718040
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 https://www.rfr.bz/bf50ebc
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, giv https://www.rfr.bz/bc42f11
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 https://www.rfr.bz/bd47a0a
Mortgage Rates End Week as it Began

Last week was a wild one for mortgage rates with the lowest levels in nearly a year on Monday and an abrupt spike after Wednesday's Fed announcement.  The present week has been completely different with each day seeing minimal change co https://www.rfr.bz/bfc8276