News and Events That Impact Mortgage Rates

I anticipate November 2023 mortgage rates will settle down from their recent runup that started last summer. From declining oil prices to economic data to comments made by Fed members, it appears the fear of another … Read more

It continues to be a volatile time for mortgage rates. The best advice for homeowners looking to lock in a rate in 2023 has been simple: lock your rate as soon as possible. That trend will … Read more

What year 2023 has been for mortgage rates. After shooting higher early in the year, mortgage rates moved significantly lower after several large banks failed. Since then, mortgage rates have been moving higher, and entering September … Read more

August 2023, news and events that might impact mortgage rates include the employment and CPI report, along with comments from the various Fed presidents about the direction of the economy and inflation. The rate of inflation … Read more

July 2023 mortgage rates are at risk of moving higher based on the trend we saw at the end of June. Stronger economic data and concern inflation will continue to run “hot” are the reasons why … Read more

Heading into June, mortgage rates have been moving higher. The culprit? The debt ceiling and recent economic data might push the Fed to raise rates again in June. Bank failures are old news (for now), and … Read more