mortgage rates

The Rate Also Rises

2020-08-07T16:24:00-06:00August 7th, 2020|

Years from now when scientists examine mortgage rates in July 2020, they'd be forgiven for coming to the conclusion that rates only ever move lower. As we've learned in the first week of August, rates also rise.  To be fair, there were a few days ...

Rates End 6-Day Streak at Record Lows

2020-08-05T15:18:00-06:00August 5th, 2020|

Mortgage rates cooled off today, rising for the first time since July 27th for the average lender.  Between now and then we've seen a string of what have mostly been new record lows with top tier 30yr fixed offerings well under 3%.  For ...

Should You Wait For Lower Rates?

2020-07-31T15:09:00-06:00July 31st, 2020|

Mortgage rates have fallen more aggressively than ever and they've been remarkably willing to set record after record. So is there any reason you shouldn't wait for them to go even lower? This is an age old question any time rates fall to long-term low...

How Low Can Rates Eventually Go?

2020-07-24T14:16:00-06:00July 24th, 2020|

The bond market saw yet another week with rates in a holding pattern at historic lows.  With coronavirus being the primary motivation for rates, it wouldn't be a surprise to see indecision continue until we get a clearer idea of how things will sh...