Mortgage Rates Drop to Lowest Levels Since April 2023

Mortgage rates have a long and storied history of making big moves on the day that the big monthly jobs report comes out.  In that regard, today was fairly normal.  Indeed, the jobs report came out and mortgage rates made their biggest move of the week, dropping to the lowest levels since

Lowest Rates in a Year and a Half. Friday Could Take Them Even Lower (Or Cause a Big Bounce)

Wouldn't it be nice if you could know what was going to happen with mortgage rates before it actually happened?  Since the dawn of time in financial markets, there's someone who's willing to make a seemingly compelling prediction about the future for every person who's willing to believe such t

Mortgage Rates Near Recent Lows as Markets Wait For Jobs Report

Mortgage rates moved lower for the 2nd straight day on Wednesday with the average lender right in line with their lowest levels since August 5th.  In fact, most borrowers would see little--if any difference between today's loans quotes and those from August 5th.  As such, today's rates bas

Mortgage Rates Slightly Lower With Important Data Looming

You never know what you're going to get on the days surrounding a 3 day weekend for financial markets, and that's doubly true when it corresponds with the final/first trading day of the month.  Despite all of those potential curveballs, the bond market stayed calm enough for mortgage rates to d