mortgage rates

Mortgage Rates Jump After Pfizer News

2020-11-09T14:28:00-06:00November 9th, 2020|

Last week ultimately ended up being great for mortgage rates, but only after a somewhat abrupt increase heading into the election.  On Tuesday, the average lender raised rates at the fastest pace in weeks to prepare for post-election volatility.&n...

Election Week Was a Win For Mortgage Rates

2020-11-06T16:40:00-06:00November 6th, 2020|

Heading into the presidential election, there were significant risks for mortgage rates and a wide range of potential outcomes. We knew there would be volatility either way, and we were right! Volatility goes both ways.  Heading into the election,...

Mortgage Rates Bounce Back (Lower)

2020-11-04T14:53:00-06:00November 4th, 2020|

Yesterday, we discussed the fact that many mortgage lenders got defensive ahead of election night uncertainty.  In the mortgage world, when lenders get defensive, it means "higher rates."  This was blatantly obvious for a few lenders who rais...