Daily Mortgage Rate Updates: Heading into the second week of November 2019 mortgage rates remain near 2019 lows however there remain some risks for mortgage rates to move higher in the coming weeks. The two main issues facing mortgage rates are: US – China trade deal Brexit Another “unknown” factor is how the economic data is going to play out … Read more
Mortgage Rates – November: Are things changing for mortgage rates in November? Looking back; there were a lot of headwinds for mortgage rates in October. US – China agreed on a “phase 1” trade deal, it looked like an orderly Brexit was going to happen and some of the economic data (early on) was showing signs of strength. Mortgage rates … Read more
Mortgage Rates – End of October 2019: Brexit will be front and center for bond markets and consumer mortgage rates this week. Most observes believe the UK will reach a Brexit deal and it will most likely happen this week. The good news for homeowners and homebuyers is that mortgage rates remain near their 2019 lows and well below the … Read more
Mortgage Rates Third Week – October 2019: At the end of last week mortgage rates moved higher on news the US and China have agreed to a new trade deal; specifically referred to Phase 1. As our readers know all year long we’ve mentioned that a trade deal with China could be the catalyst to push mortgage rates significantly higher. … Read more
Mortgage Rates Second Week – October 2019: Does anyone remember October 2018? Bond yields were moving and so were mortgage rates. Concerns over a growing economy and increasing inflation pushed the 10y yield above 3.00% and 30 year fixed mortgage rates moved above 5.00% for a short period of time. A lot has changed since then as the economy was … Read more
Mortgage Rates October 2019: Consumer mortgage rates (Conforming, Jumbo and FHA fixed mortgage rates) are starting off the month at stable levels as we move into a busy period of economic data. California homeowners and homebuyers have the opportunity this week to lock in a low mortgage rate at great terms. This weeks most important reports to watch are as … Read more
End Of September Mortgage Rates: As we move towards the end of September 2019 Conforming, FHA and Jumbo fixed mortgage rates remain at lower levels after last weeks Fed meeting. Those looking to refinance their current mortgage or purchase a new home are seeing mortgage rates significantly lower mortgage rates compared to 12 months ago. Back in September 2018 – … Read more