Mortgage Rates Little-Changed After Last Week's Improvement

Mortgage rates remain elevated relative to the levels seen in September and early October, but they've definitely moved down a bit from their recent highs.  Thanksgiving week saw the lowest daily average rate in exactly a month, but there's never a guarantee the rate market will look the same o

Lowest Mortgage Rates in a Month

The interest rate market continues the healing process after taking heavy damage in October.  During the course of that month, the average top tier conventional 30yr fixed rate increased more than 0.75% and broke above 7.0% for the first time since early July.  The first few days of Novemb

Mortgage Rates Steady to Slightly Higher

Although there was a busier calendar of economic data today, mortgage rates are little changed after dropping at the fastest pace in several weeks to start the new week. Economic data is one of the main sources of motivation for the bond market which, in turn, influences day to day changes in mortga

Mortgage Rates Near Lowest Levels in a Month

Last Monday, mortgage rates were near the highest levels in more than 3 months.  A week later, and the average lender is right in line with the lowest levels in more than a month.  There are two reasons for this, or rather, one reason and one caveat. The caveat is that the range has been f