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📉Mortgage Rates Set an Interesting Record This Week
📉 Mortgage Rates Just Set a Different Kind of Record 1️⃣ Rates Hit Multi-Year Lows And Stayed There Earlier this year (January 9th), rates briefly dipped to 5.99% and then quickly bounced back above 6.20% within two weeks. This week was different. **The index hit 5.99% on Monday**It never moved above 6.00%**The entire weekly range…
Read More📉 Rates at 3-Year Lows Even After a Wild Week in the Markets
Despite a shortened trading week and a major headline from the Supreme Court of the United States, mortgage rates quietly did something powerful… 👉 They dropped to their lowest levels in more than 3 years. Even with volatility tied to the recent tariff ruling, the bond market remained steady and that’s great news for homebuyers…
Read MoreWhat This Week’s Economic Data Really Means for Mortgage Rates
This week delivered the two most important economic reports of the month, and on the surface, both pointed toward friendlier conditions for interest rates. But if you have been watching rates closely, you probably noticed something unexpected. The market reaction was far more muted than most analysts anticipated. Here are five key takeaways that explain…
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