interest rates

Rates Jump After Fed Announcement

2021-06-16T14:42:00-06:00June 16th, 2021|

Mortgage rates were already drifting higher in the first half of the week, but that was nothing compared to today.  This afternoon's Fed Announcement was certainly on the radar as a potential source of volatility.  Needless to say, it de...

Rates Moving Higher Ahead of Fed

2021-06-15T14:15:00-06:00June 15th, 2021|

Mortgage rates had a great week last week, ultimately getting very close to the lowest levels since March.  One of the main sources of motivation was the market phenomenon known as a "short squeeze."  In not so many words, this means that too...

Lowest Rates in Nearly 2 Weeks

2021-06-08T13:54:00-06:00June 8th, 2021|

Mortgage rates haven't been in the habit of making epic swings recently.  That's not a bad thing considering they continue to operate in very low territory in historical terms.  For the average lender, today brought one of the bigger recent e...