2+ hour, 45+ min ago  (697+ words) Mortgage rates have been surprisingly resilient lately, despite all the inflation concerns related to the ongoing conflict in the Middle East. At last glance, the price of a barrel of oil was over $110, up from the $60 range in February. Yes,…...

6+ day, 1+ hour ago  (824+ words) What was once unimaginable has now become reality. Jerome Powell may have made mortgage rates go down. I know what many are thinking. This can't be possible. The Fed chair is a super villain when it comes to mortgage rates....

1+ week, 4+ hour ago  (643+ words) It's been hard for mortgage rates to buy a bucket lately. They've been creeping higher and higher all month with seemingly no letup in sight. The worst part is they were at the lowest levels in over three years at…...

1+ week, 3+ day ago  (774+ words) Mortgage rates have had a really bad month. After falling to the lowest levels in three and a half years in late February, they abruptly changed course. The reason why wasn't a mystery. An unexpected war broke out in Iran,…...

1+ week, 5+ day ago  (491+ words) If my prediction is right, mortgage rates will soon be above levels seen a year earlier. The biggest positive for the housing market lately was the fact that mortgage rates were markedly lower this year versus last. But that changed…...

1+ week, 6+ day ago  (667+ words) There are charts floating around (again) claiming that the 30-year fixed mortgage is back to 7%. These are hyperbolic and misleading and being used to sow fear and doom related to the recent uptick in rates. In reality, mortgage rates are…...

2+ week, 1+ hour ago  (642+ words) Mortgage rates are finally moving lower today due to two separate beneficial forces. First, 10-year bond yields are falling due to "very good and productive conversations" with Iran. This according to President Donald Trump, who said as much on his…...

2+ week, 6+ day ago  (577+ words) Well, the housing market appeared to be warming up in February, but it might prove to be temporary. The National Association of Realtors reported that pending home sales unexpectedly rose 1.8% month-over-month versus a median forecast of -1%. So aside from not…...

3+ week, 2+ hour ago  (598+ words) Want to talk about a double whammy, just in time for the spring home buying season? Well, it occurred to me that thanks to the ongoing conflict in the Middle East, both gas prices and mortgage rates have spiked higher....

3+ week, 4+ day ago  (644+ words) I track mortgage rates over time on this website and aside from the weekly rate change, I also indicate whether they're rising or falling. Today, I decided to change the "mortgage rates are currently trending" question from down to UP....