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It’s been a wild week in the markets but mortgage rates are on track to finish out the week at levels very close to where they were on Monday. With current mortgage rates continuing to move higher overall, the smart decision for most borrowers is to lock in a rate soon. Read on for more... View Article
News from across the pond is causing a sell-off in the bond market today, pushing treasury yields and mortgage rates higher. In fact, they are now very close to being back where they were before the big crash on Monday. With rates back on the rise, we think that the smart decision for borrowers is... View Article
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Mortgage rates are holding steady for the most part as we approach the midpoint of the week. They are, however, still down by a few basis points on the week, due to the big drop on Monday. There is still a lot of uncertainty in the market, so it’s important to keep an eye on... View Article
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The stock market took a hit yesterday with the Dow setting a record for most points dropped in a single day. With the flight to safety from investors, the bond market rallied, pushing the yield lower on the 10-year Treasury note. Mortgage rates, which are closely tied to the 10-year yield, similarly moved lower. Read... View Article
Here we go with another week. Current mortgage rates are dealing with the slightest bit of upward pressure this morning, as bond yields continue to push higher. The rest of the week is somewhat light on economic data, but that doesn’t mean that mortgage rates won’t bound around at all. Read on for more details.... View Article
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Mortgage rates are on the rise today after a very solid monthly jobs report for January got released early in the morning. It’s been a notable week for the market, with the 10-year yield surging to a four-year high. Mortgage rates tend to move in the same direction as the 10-year yield, and have similarly... View Article
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Mortgage rates are moving higher again. It’s not much of a surprise, though, as this has been the expectation for 2018 for quite some time. It does mean, however, that if you’re looking to buy a home or refinance your current mortgage, you should try to take action as soon as possible in order to... View Article
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Mortgage rates are moving sideways today ahead of the first Federal Open Market Committee announcement of the year. When we get that statement at 2:00pm, we could see an adjustment to current mortgage rates. Right now it’s looking like we’ll see a slight swing higher, but we’ll have to wait and see as you can’t... View Article
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