Mortgage Rates Tick Slightly Higher But Maintain This Week's Range
The underlying bond market (which dictates the rates offered by mortgage lenders) weakened moderately overnight. Weaker bonds equate to higher rates, all else equal. "Higher rates" is contrary to many media outlets' coverage this week, but there's an important reason. Most news organizations tha
Mortgage Rates Move Back to Long-Term Lows
Very Calm Reaction But Not Too Surprising One could argue that CPI is the next biggest potential market mover after the jobs report. With that in mind, it might seem surprising that MBS are heading out the door roughly unchanged and 10yr yields are down less
Obvious Signs of Life in Mortgage Apps Thanks to Rate Rally
Mortgage applications jumped 9.2% last week, according to the Mortgage Bankers Association’s survey for the week ending September 5, 2025. The results included an adjustment for the Labor Day holiday. “ Mortgage rates declined for the second consecutive week as Treasury yields moved lower on dat
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