Current Mortgage Rates for Thursday, December 8, 2016

December 8, 2016 by Leave a comment

Welcome to the Total Mortgage Current Mortgage Rates Blog. There’s some economic data out today, but first, your daily mortgage rate forecast/advice. Click here to get today’s latest mortgage rates. Where are mortgage rates going? ECB continues bond-buying program The big news this morning is the European Central Bank’s decision to continue their bond-buying program... View Article

Read More

Current Mortgage Rates for Wednesday, December 7, 2016

December 7, 2016 by Leave a comment

Welcome to the Total Mortgage Current Mortgage Rates Blog. There’s some economic data out today, but first, your daily mortgage rate forecast/advice. Click here to get today’s latest mortgage rates. Where are mortgage rates going? Treasury yields are heading lower ahead of tomorrow’s European Central Bank meeting. Everyone wants to know where there $85 billion... View Article

Read More

Current Mortgage Rates for Tuesday, December 6, 2016

December 6, 2016 by Leave a comment

Welcome to the Total Mortgage Current Mortgage Rates Blog. There’s some economic data out today, but first, your daily mortgage rate forecast/advice. Click here to get today’s latest mortgage rates. Where are mortgage rates going? Mortgage rates flat this morning Treasury yields are relatively flat this morning. The yield on the 10-year treasury note is... View Article

Read More

Understanding Mortgage Rates: How the Federal Funds Rate Affects Mortgage Rates

December 5, 2016 by Leave a comment

Eight times every year, the Federal Reserve’s Federal Open Market Committee (FOMC) meets to discuss and possibly alter their position on monetary policy. There are several different courses of action they could take, the most common being quantitative easing, buying and selling government securities, and raising or lowering the federal funds rate. Most recently, the... View Article

Read More

Current Mortgage Rates for Monday, December 5, 2016

December 5, 2016 by Leave a comment

Mortgage rates continue to rise.  Last week’s Primary Mortgage Market Survey from Freddie Mac showed the average rate on a 30-year fixed-rate mortgage rose to 4.08% with 0.5 points.  By Freddie Mac’s measure, rates are up about 50 basis points over the last three weeks.  The last time that I can recollect seeing such a... View Article

Read More

Current Mortgage Rates for Friday, December 2, 2016

December 2, 2016 by Leave a comment

Happy Friday, and welcome to the Total Mortgage Current Mortgage Rates Blog. There’s some economic data out today, but first, your daily mortgage rate forecast/advice. Click here to get today’s latest mortgage rates. Where are mortgage rates going? November jobs report keeps December rate hike in play It’s the first Friday of the month, which... View Article

Read More

Current Mortgage Rates for Thursday, December 1, 2016

December 1, 2016 by Leave a comment

Welcome to the Total Mortgage Current Mortgage Rates Blog. There’s some economic data out today, but first, your daily mortgage rate forecast/advice. Click here to get today’s latest mortgage rates. Where are mortgage rates going? Wednesday’s bond-selloff continues The yield on the U.S. 10-year treasury note is on the rise again today, hitting a new... View Article

Read More