Last week was a roller-coaster ride in the conforming mortgage market.  After opening the week by making new, all-time lows, markets reversed sharply on better-than-expected data in manufacturing and housing, and data from overseas. Rates rose through Wednesday and Thursday, then Friday’s jobs...

Mortgage rates are low right now but pinning them down this week could be a challenge. As Labor Day Weekend nears and Wall Streeters take their head-start on the holiday, trading volume will fall, which will cause mortgage rates in Washington to get jumpy. As mortgage rates change, so does the long-term...

Mortgage markets improved last week despite a major mortgage bond sell-off Friday afternoon. Prior to the jump, conforming mortgage rates had cut new, all-time lows by Thursday, only to lose up to 0.250 percent on the last day of the week. Meanwhile, the same type of news that drove rates lower Monday...

Mortgage markets stalled last week in back-and-forth trading as Wall Street grappled with weak housing data, falling builder confidence, and worsening jobs numbers nationwide. Because markets were volatile, rate shopping was challenging. Conforming mortgage rates did managed to make a new all-time low...

Another week, another new low for conforming mortgage rates.  In fact, this week marks the 9th time in a row it’s happened. Mortgage rates are (again) at their lowest levels in history. The data comes from the Freddie Mac, a government group and major loan securitizer for the U.S. mortgage...

Mortgage markets worsened last week, putting a pause on the mortgage rate rally that dates to mid-April. Mortgage rates rose across Washington last week and home affordability suffered. The Refi Boom remains in full effect, but rates are not as dazzling as they were a week ago. It’s somewhat strange...

Mortgage markets improved again last week on softer-than-expected economic data, punctuated by Friday morning’s weak jobs report. Conforming mortgage rates in Washington dropped on the news, making new, all-time lows. Mortgage rates have been on an extended rally dating back to mid-April. This...

Mortgage markets improved last week, pushing mortgage rates lower for the 6th time in seven weeks. Since April, rates in Washington have been on a downward path, spurring refinances in most markets and sparking the start of a Refi Boom. Last week, 3 key stories played a role in falling rates: Demand...

No doubt you’ve heard that mortgage rates are low. They’re lower than they’ve ever been in history.  The news is everywhere. Just check out some of these headlines from the last 24 hours: Mortgage rates set new lows for the 6th straight week (Reuters) Mortgage rates fall again;...

Mortgage markets worsened last week for the first time in 6 weeks last week. Investors were pleased with corporate earnings reports and the European bank stress tests results.  Stocks gained on the news, and bonds lost. Mortgage rates rose last week, but only slightly. Rate are still hovering near...