Mortgage Rates Recover Some of The Lost Ground

The week's big story is still the big jump in rates that took place after Wednesday's Fed announcement.  And while rates remain noticeably elevated on the week due to that jump, they're set to end the week at slightly less elevated levels. Credit this morning's inflation data for that developme

Shutdown Could Disrupt NFIP, Real Estate Deals

A government shutdown may pause NFIP renewals, FHA loans and other real estate activity. NAR called on Congress to prevent the disruption.

If You're Struggling to Understand This Week's Mortgage Rate Spike, This is For You

We received some anonymous feedback regarding recent rate commentary that serves as a good reminder that not everyone may be picking up what we're putting down, or worse yet, picking up things that we never put down in the first place.   We spend a lot of time talking about how the bond ma

Mortgage Rates Rise, 30-Year Reaches November High

The average rate on 30-year mortgages rose to 6.72% from 6.6%. Borrowing costs on 15-year fixed-rate mortgages rose to 5.92% from 5.84% last week.