Prior to today, the 30-year mortgage rate average bellwether has been slipping ever so slightly from its hard position of 4.125 percent from the last two weeks to a slightly lower point of 4.0 percent. The slight drop was due … Continue Reading
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Prior to today, the 30-year mortgage rate average bellwether has been slipping ever so slightly from its hard position of 4.125 percent from the last two weeks to a slightly lower point of 4.0 percent. The slight drop was due … Continue Reading
The middle of the week of June 14 wasn’t much different from the earlier days when it comes to movement on mortgage rate averages. While the various metrics inched a bit higher in each area, it wasn’t enough to move … Continue Reading
The week of June 12 opened up with a stronger climb into higher territory for mortgage rate averages. With best execution rates being offered on loans now well between 4.08 percent and 4.1 percent, borrowers are likely to be offered … Continue Reading
Lots of not-so-good news came out to the market since last Tuesday, so mortgage rate averages had quite a bit of soil and fertilizer to move around in going into the second half of the week of June 7. The … Continue Reading
After all the dramatic activity from the previous week and the symbolic breaking of the 4 percent mark on 30-year mortgage rate averages, it doesn’t surprise anyone that the market decided to take a bit of a breather and recollect … Continue Reading
With the bounce started earlier in the week, mortgage rates didn’t suffer any further damaging effects this week and instead maintained a steady, slow path into the 4 percent territory after jumping dramatically earlier. The 30-year fixed mortgage bellwether is … Continue Reading
Words like devastation, crash, utter annihilation and similar were being thrown around in the press on Wednesday, May 22, after the Federal Reserve’s Open Market Committee had finished its work. Based on the literate embellishments, one would think that Ben … Continue Reading