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| Mortgage Rates Hold Flat to Start New Week | ||
| 9/29/2025 2:55 PM | ||
| It was an uneventful day for the bond market (and, thus, interest rates) as investors wait for clarity on this week"s potential government shutdown. It"s not the shutdown itself that would notable. Rather, it would be the absence of this Friday"s jobs report (published by the Federal government) as it would deprive the rate market of its brightest ...Read More | ||
| Mortgage Rates End Week as it Began | ||
| 9/26/2025 2:54 PM | ||
| Last week was a wild one for mortgage rates with the lowest levels in nearly a year on Monday and an abrupt spike after Wednesday"s Fed announcement. The present week has been completely different with each day seeing minimal change compared to the previous session. Today was no exception. This was actually a logical outcome based on t...Read More | ||
| Mortgage Rates Slightly Higher After Upbeat Economic Reports | ||
| 9/25/2025 1:47 PM | ||
| Thursday was the first day of the week with any meaningful economic reports. This is important to mortgage rates because economic data influences the bonds that determine day-to-day changes in rates. In general, stronger data is bad for rates and today was no exception. While today"s GDP data was for Q2 (and thus fairly stale), i...Read More | ||
| Mortgage Rates Fairly Flat Despite Bond Market Volatility | ||
| 9/24/2025 2:41 PM | ||
| Over time, mortgage rate movement lines up almost perfectly with movement in the underlying bond market, but there can be day to day discrepancies depending on the timing of market volatility. Think of mortgage rates like a restaurant that adjusts menu prices daily depending on the price of ingredients. Sometimes, ingredient prices will change sig...Read More | ||
| Mortgage Rates Little Changed on Tuesday | ||
| 9/23/2025 2:19 PM | ||
| Mortgage rates are based on bonds and bonds take their most important cues from big ticket economic reports. But such reports have been in short supply so far this week. Instead, the market has been left to focus mainly on speeches from various Federal Reserve officials. Fed speeches can certainly have an impact, but it depends on the specifics. T...Read More | ||
| Mortgage Rates Roughly Unchanged to Start New Week | ||
| 9/22/2025 2:12 PM | ||
| After hitting the lowest levels in nearly a year (and nearly the lowest levels in 3 years) last Tuesday, rates lurched higher following Wednesday"s Fed announcement. While the Fed cut rates as expected, and while the Fed"s rate forecasts were well-received, Powell"s guidance pushed back in the other direction. Economic data on Thursday ...Read More | ||
| Mortgage Rates Finally Level Off After 2-Day Rout | ||
| 9/19/2025 2:35 PM | ||
| Officially, our daily mortgage rate index is a hair lower today than it was yesterday. Your mileage may vary depending on the lender in question. Reason being: some lenders offered mid-day improvements yesterday, but not enough to impact our index. Those same lenders are generally a hair higher today, but again, the average lender is a hair l...Read More | ||
| If You"re One of Those People Asking How Much Lower Your Mortgage Rate Quote is After Fed Day, This is Required Reading | ||
| 9/18/2025 2:40 PM | ||
| It"s day two of mortgage rates surging higher--now back to the highest levels in 2 weeks (the day before the September 5th jobs report). The juxtaposition of yesterday"s Fed rate cut and the sudden mortgage rate spike is incredibly confusing to most of the population, so let"s clear it up. SHORT VERSION: The Fed Funds Rate (FFR) doesn"t...Read More | ||
| Mortgage Rates HIGHER (Not Lower) After Fed Rate Cut | ||
| 9/17/2025 2:53 PM | ||
| Several things happen on Fed Day--especially on the 4 out of 8 examples with updated rate forecasts from Fed members. The official announcement of a rate cut is typically the least important aspect. In fact, it is usually entirely unimportant in terms of its impact on mortgage rates. Instead, the bonds that determine mortgage rates are...Read More | ||
| Mortgage Rates Near 3 Year Lows Ahead of Fed | ||
| 9/16/2025 2:18 PM | ||
| Mortgage rates dropped sharply lower today relative to the amount of movement in the underlying bond market with the average lender right in line with the lowest levels since late 2022. Because rates are directly tied to the prices of those bonds, the correlation tends to be almost perfect over time. [thirtyyearmortgagerates] But there are always...Read More | ||
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