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| Mortgage Rates Drift Up to 2-Week Highs | ||
| 2/3/2026 2:23 PM | ||
| The bad news: mortgage rates moved up to their highest levels in 2 weeks today. The good news: the rate range has been very narrow during that time, so there"s not too much of a difference between 2-week highs (6.20%) and lows (6.15%). Today"s move wasn"t a product of anything that happened today. Rather, the culprit was the focal poi...Read More | ||
| Mortgage Rates Only Modestly Higher Despite Bond Market Weakness | ||
| 2/2/2026 2:35 PM | ||
| Weakness in the bond market generally means higher mortgage rates. Today was no exception. A key economic report on the manufacturing sector was much stronger than expected. Bonds lost ground as a result and mortgage lenders were forced to set rates higher than Friday"s latest levels. But the caveat is that the average lender was only marginally h...Read More | ||
| Mortgage Rates Sidestep Into The Weekend | ||
| 1/30/2026 3:10 PM | ||
| While there was certainly plenty of volatility elsewhere in the financial market this week, there was almost none to be found in mortgage rates. Wed, Thu, and Fri all recorded the exact same level in MND"s 30yr fixed rate index--something that only happens a few times every year. Rates are based on bonds and bonds are waiting for more serious insp...Read More | ||
| Mortgage Rates Hold Steady Despite Volatility in Other Markets | ||
| 1/29/2026 2:59 PM | ||
| Sometimes being tuned into daily mortgage rate changes means coming across other news about financial markets. In today"s case, that could expose you to anything from the massive selling of certain stocks earlier in the day or the unprecedented trading levels in various commodities. While the financial market buzz may be centered on silver a...Read More | ||
| Mortgage Rate Winning Streak Ends, But Just Barely | ||
| 1/28/2026 2:51 PM | ||
| On some occasions, a rate announcement from the Federal Reserve (even one that results in no change to the Fed Funds Rate) can cause a huge move in mortgage rates. Today was not one of those days, but in its defense, it was never that likely to be. In order for a Fed announcement to have a big impact, it has to surprise the market in some way. A r...Read More | ||
| Mortgage Rate Winning Streak Continues | ||
| 1/27/2026 2:40 PM | ||
| Today was the 5th day in a row where mortgage rates moved at least a little bit lower. While rate movement is often the product of obvious underlying motivations in the economy or news headlines, today"s was small enough to obviate any intense investigation. It"s just as well considering such an investigation would have a hard time establishing any...Read More | ||
| Lowest Mortgage Rates in Just Over a Week | ||
| 1/26/2026 2:20 PM | ||
| Mortgage rates trickled modestly lower again today for the 4th straight business day on Monday. The average top-tier 30yr fixed rate is the lowest it"s been since January 16th. The only catch is that it was quite a bit lower 2 weeks ago. Compared to today"s mark of 6.17% on MND"s daily rate index, mid-January lows ranged from 5.99 to 6.07%. ...Read More | ||
| Mortgage Rates Close Out Extremely Flat Week | ||
| 1/23/2026 1:49 PM | ||
| This week"s only real mortgage rate movement was seen at the outset on Tuesday morning (Monday was closed for the holiday) in response to geopolitical issues and tariff escalation potential. Rates recovered only modestly when those threats abated--a fact that had everything to do with the bond market refusing to return to last week"s levels and not...Read More | ||
| Another Micro-Victory For Mortgage Rates | ||
| 1/22/2026 2:40 PM | ||
| Mortgage rates may not be as low as they were before the weekend"s geopolitical headlines, but they"ve moved just a hair lower on each of the past two days. Specifically, our daily rate index is down to 6.19% after starting the week at 6.21% on Tuesday (up from 6.07% last Friday). While there was a large glut of seemingly important economic data t...Read More | ||
| Mortgage Rates Sideways to Slightly Lower | ||
| 1/21/2026 2:09 PM | ||
| Markets held more sideways overnight as traders awaited further geopolitical developments today surrounding Greenland. Both stocks and bonds lost ground yesterday on the threat of additional tariffs (and counter-tariffs) as well as decreased participation in the US bond market from foreign wealth funds. When bonds lose ground, rates move hig...Read More | ||
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