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| Mortgage Rates Nudge Lower to Remain In The Same Old Range | ||
| 11/21/2025 12:53 PM | ||
| Recent stock market losses have gotten a lot attention in the news recently. While there"s no reliable correlation between stocks and interest rates, when stock losses are as big as they have been recently, it increases the tendency for rates to move in the same direction. That was definitely the case today. Bonds (which dictate rates) impro...Read More | ||
| Mortgage Rates Hold Steady Thanks to Jobs Report | ||
| 11/20/2025 2:48 PM | ||
| Yesterday, we discussed the fact that mortgage rates were heading into Thursday with a disadvantage (for most lenders, anyway). This had to do with the fact that lenders prefer to avoid changing rates in the middle of the day (unless bond market movement is big enough to force their hands) and the fact that bonds had weakened just enough for lender...Read More | ||
| Rates Mostly Steady, But Some Signs of Trouble in The Afternoon | ||
| 11/19/2025 2:19 PM | ||
| It was a complicated day for mortgage rates. Officially, at the time of this article, the average top tier 30yr fixed rate is a hair lower than it was yesterday. But rates are based on bonds and bonds are telling a different story. In the wake of the release of the minutes from the most recent Fed meeting, bonds lost ground. This impli...Read More | ||
| Mortgage Rates Hold Steady Yet Again as Data Returns | ||
| 11/18/2025 3:11 PM | ||
| With economic data being the most consistent source of motivation for rates, the market has been eager for it to return with the reopening of the government. While some higher profile reports have been rescheduled for the coming days (i.e. on Thursday, we"ll get the jobs report that we were supposed to get in early October), most updated release da...Read More | ||
| Mortgage Rates Hold Steady to Begin New Week | ||
| 11/17/2025 2:33 PM | ||
| The bond market (which dictates rates) was roughly unchanged over the weekend. As such, it"s no surprise to see mortgage rates right in line with Friday"s latest levels. For the average lender, this means conventional 30yr fixed rates are at the upper boundary of a narrow range stretch back to September 4th. It was the September 5th jobs report th...Read More | ||
| Rates Rise on Friday, Now Near 2-Month Highs | ||
| 11/14/2025 3:10 PM | ||
| Mortgage rates were only modestly higher on Friday, but because of the narrow prevailing range and previous increases this week, that brings us right in line with 2-month highs. Bonds (which dictate rates) began the day with promise. There was heavy buying (good for rates) in the 7am hour. This coincided with stocks challenging their lowest levels...Read More | ||
| Mortgage Rates Near The Top of Recent Range | ||
| 11/13/2025 2:25 PM | ||
| Mortgage rates rose somewhat sharply following the late October Fed meeting but have been in a relatively narrow range so far in November. The range is so narrow, in fact, that yesterday"s average rate was at the bottom of that range while today"s rate is closer to the highs. Given the minimal overall movement, there"s no compelling need to ...Read More | ||
| Mortgage Rates Only Modestly Lower Despite Bond Market Improvement | ||
| 11/12/2025 2:15 PM | ||
| Mortgage rates are based on bond market movement and bonds are much stronger today compared to Monday. Although bonds were closed yesterday for the Veterans Day holiday, there was an important piece of economic data that suggested lower rates today. The data in question was the new weekly payroll count from ADP. Whereas October"s monthly data (whi...Read More | ||
| Mortgage Rates Edge Higher But Remain in November Range | ||
| 11/10/2025 2:39 PM | ||
| Mortgage rates went into the weekend with a small cushion thanks to movement in the bond market on Friday. Specifically, bonds improved after mortgage rates came out for the day. If the improvement had been sharper, mortgage lenders likely would have made a mid-day adjustment to slightly lower levels. The implication was that rates would have been ...Read More | ||
| Mortgage Rates Rise Gently, But Still Well Below This Week"s Highs | ||
| 11/7/2025 1:24 PM | ||
| Wednesday"s mortgage rates were the highest in roughly a month and very close to the highest levels in 2 months. This followed stronger economic data on that same morning. Rates moved back down yesterday after separate econ data told a different story. Now on Friday, it"s a mixed bag. The underlying bond market was slightly weaker to start ...Read More | ||
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