Each month we provide a daily update on news and events that impact mortgage rates. Educational and informative with a focus on how to be more successful at locking in a low rate (for both refinance and purchase transactions). Conventional-Conforming, FHA, and Jumbo loan programs along with insight as to how the market is reacting to current economic reports and newsworthy events.
September 2022 mortgage rates are poised to move higher as the bond market has shifted since mid-summer. A major factor impacting the US bond market and September 2022 mortgage rates is the energy crisis in Europe … Read more
August 2022 mortgage rates could face several headwinds as we move further into the month. It’s been a good 4-6 weeks for mortgage rates but don’t expect the downtrend to continue. It’s not the way things … Read more
Many people believe that July 2022 mortgage rates will be higher compared to mortgage rates last month. I am not one of those people. I think we’ve seen a top in mortgage rates and as we … Read more
The direction of June 2022 mortgage rates will be watched closely as the market digests economic data impacted by the Fed moving rates higher. Is the Fed doing enough or too little to combat inflation? It’s … Read more
May 2022 mortgage rates might show signs of leveling off if the Fed decides to ease up on the constant talk of higher rates in 2022. Since January the Fed members have continually scared the market … Read more
April 2022 mortgage rates continue to move higher as overblown fears of inflation grip the market. I’m sure a few people are saying “overblown????” so let me clarify. The market is pricing in a worst-case scenario … Read more
March 2022 mortgage rates are stable as we head into the first month of Spring. Obviously, the big news is the Russian invasion of Ukraine and how this might impact mortgage rates. Unless this turns into … Read more