Mortgage Rates Sharply Higher to Start The Month

March ended with a streak of some of the flattest day-over-day changes in mortgage rates on record.  It was all but certain that the new week/month would bring a change to that sideways trend, but the reality has immediate and abrupt. Right at the start of domestic trading hours, bonds began to

Near Record Setting Week For Boredom Among Mortgage Rate Watchers

Unfortunately, we don't have a great way to measure all of the past precedents, but it's safe to say that the this was one of the least volatile weeks in the history of mortgage rates.  Our daily rate index never moved more than 0.01 and it remained in a 0.01 range. Today's average rate was rig

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Super Steady Streak Sustained

There are probably only a few 4-day streaks with effectively no movement in mortgage rates, and this is one of them.  After falling to 6.91% last Friday, the MND rate index hasn't moved more than 0.01%. Granted, some lenders have been higher or lower during that time, but they offset each other