• Mortgage News You Can Use!

    Below is a list of current, up-to-date information on news in the Mortgage industry. Click the links below to read the full stories.

    • RSS Mortgage Rates Newsletter – Market Analysis

      • Brutal Week For Rates But There's Hope (Hopefully) February 26, 2021
        Rising rates have been on the menu for months, but the drama kicked into a higher gear this week. Maybe you heard about this? We've certainly been discussing it in recent newsletters ( especially last week's ). The rising rate narrative hit the mainstream this week as it was widely credited for doing damage to […]
      • Mortgage Rates Are Now Well Over 3 Percent February 25, 2021
        Mortgage rates WISH they were still at 2.97%--the number conveyed today by Freddie Mac's weekly survey. Freddie's data is accurate when it comes to capturing broad trends over time, but can really fall short when the bond market is experiencing elevated volatility. To say that bond market volatility has been elevated recently is an understatement […]
      • Highest Mortgage Rates Since June 2020 February 24, 2021
        As of today, you'd have to go back to June 2020 to see higher mortgage rates. This is courtesy of an ongoing move in the bond market that has longer-term rates/yields surging higher at the quickest pace since the pandemic began. The broader bond market has actually been signalling this sort of move since late […]
      • February Easily The Worst Month For Rates in Long Time February 22, 2021
        There are still 4 business days left in the month of February and thus still 4 days for the bond market to undergo an epic recovery that helps mortgage rates come back down. But traders and market-watchers alike have pined for--if not outright expected--such a recovery several times in the past few weeks only to […]
      • Time to Wake Up To The New Mortgage Rate Reality February 19, 2021
        There's no precedent for the winning streak enjoyed by mortgage rates in the 2nd half of 2020. We've never seen so many new record lows in the same year, and we never spent as much time at those lows (not even close). All of the above makes it easy to get lulled into a false […]