1+ hour, 35+ min ago  (568+ words) The conflict in Iran was arguably bad enough for mortgage rates. It sent them from the best levels since mid-2022 right back toward the high 6s again. To make matters worse, we've gotten a series of hot jobs reports too, including today's…...

1+ day, 22+ hour ago  (544+ words) I keep warning folks that mortgage rates are going higher, possibly back to the 7% range. And the main reason is because the war in the Middle East is dragging out longer than anticipated. That could lead to even higher oil…...

4+ day, 1+ hour ago  (517+ words) After what was a decent week for mortgage rates, in which they fell back closer to 6. 50%, they appear to be on the rise again. The latest driver (surprise, surprise) is tensions in the Middle East and higher oil prices as…...

1+ week, 23+ hour ago  (613+ words) I still get the feeling that mortgage rates are going to go HIGHER before they cool off again. I'm aware there are rumblings of some sort of accord in the Middle East, but I've also seen this movie before. It…...

1+ week, 3+ day ago  (645+ words) There's been a lot of fear lately that mortgage rates could rise back above 7% or even higher this year. The driver being inflation related to $100+ oil, which increases the cost of just about everything. But the so-called "odds" are still…...

2+ week, 46+ min ago  (787+ words) With mortgage rates on the rise again, it's a logical question to ask: Will mortgage rates hit 7% again? It'd definitely be a gut-punch for prospective home buyers, though I don't know if it would derail them entirely. Recently, I pushed…...

2+ week, 1+ day ago  (550+ words) I wrote the other day that the best way to get lower mortgage rates again is a peace deal. It's pretty straightforward. Mortgage rates are only up these past few months because of the conflict with Iran. If we didn't…...

2+ week, 4+ day ago  (645+ words) Just days after mortgage rates hit fresh 52-week highs, bond yields also reached their highest point in over a year. The 10-year bond yield, which serves a bellwether for consumer mortgage rates, climbed above 4. 60% late Sunday evening on renewed inflation…...

3+ week, 2+ hour ago  (597+ words) Welp, I've been warning folks for a while now and here we are. New 2026 highs for the 30-year fixed. Sooner or later, the protracted Iranian conflict was going to catch up to us. You can't have $100 a barrel oil and…...

3+ week, 1+ day ago  (953+ words) New Fed chair Kevin Warsh narrowly got confirmed via a 54-45 vote Wednesday, leading to what many hope will be lower mortgage rates, somehow, someway. He replaces vilified ex-chair Jerome Powell, who was repeatedly attacked by President Trump for not cutting…...