2+ hour, 30+ min ago   (461+ words) Mortgage rates are driven by bonds and that bonds care about employment data. There are quite a few different economic reports that focus on various employment metrics. Next Wednesday's jobs report is the biggest ticket by far, but other reports…...

6+ day, 12+ min ago   (237+ words) 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…...

6+ day, 2+ hour ago   (561+ words) Mortgage application activity retreated a bit last week following two weeks of unusually strong volume, although holiday timing played a meaningful role in the weekly comparison. The Mortgage Bankers Association (MBA) reported that applications fell 8.5% for the week ending January…...

1+ week, 23+ min ago   (302+ words) 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…...

1+ week, 6+ hour ago   (301+ words) Continued jobless claims dropped to the lowest level since October 2024 and bonds are selling off a bit." Those two things may seem like they're clearly connected, but the selling didn't start for another 15 minutes after the data and the most…...

1+ week, 1+ day ago   (336+ words) No Surprises From Powell. No Major Movement in Rates As expected, the Fed held rates steady today. The statement was moderately more hawkish in that it acknowledged progress on the labor market front and overall economy. To the very small…...

1+ week, 1+ day ago   (366+ words) Available indicators suggest that economic activity has been expanding at a moderate solid pace. Job gains have slowed this year, remained low, and the unemployment rate has edged up through September. More recent indicators are consistent with these developments. shown…...

1+ week, 2+ day ago   (213+ words) 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…...

1+ week, 3+ day ago   (388+ words) 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…...

2+ week, 42+ min ago   (344+ words) 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…...