This is turning into the February mortgage-rate massacre, and there's no real end in sight. But home sellers aren't going to believe for weeks or months that they might have to back off their price, so don't expect any changes. To say that bond market volatility has...
Rising rates only has moderate cooling effect on housing, says Black Knight's Andy Walden from CNBC.
If you are thinking of selling your house this summer, expedite your plans! Volatility has returned to the mortgage market in grand fashion this week with many lenders quoting rates that are as much as a quarter of a point higher than they were last week. That means...
A good article by Matthew on the current rate environment: Bonds find themselves in an interesting position heading into February. On the one hand, there's a well-established tepid recovery narrative that coincides with gradually rising 10yr yields for the past 6...
Excerpts here from an article yesterday about the Fed's involvement. The rapid run-up in home prices is brutal on home buyers, but for home sellers, realtors, and the overall economy, it is great news. Expect that the Fed will be very accommodative for longer than it...
Rates keep hitting all-time lows! It reminds me of Prop 19. It would be nice to get the lowest rate in history and/or take the old property taxes, but there are additional variables to moving that complicate it. Not many can just get up and move today!...
Rates have come back down a bit, so if buyers can just find a house to buy! We're sold out - all current listings are pending. I also had buyers yesterday who offered the high end of the variable-price range on a new listing and we got smoked by a higher bid that was...
We kind of assumed they would have to keep rates low, but now it's official: The Federal Reserve announced a major policy shift Thursday, saying that it is willing to allow inflation to run hotter than normal in order to support the labor market and broader economy....
Today we should see another all-time-low record in mortgage rates! What is the impact? Here's how it pencils: If we just go back to the 52-week high of 4.75%, you could borrow $808,000 and pay $4,215/mo. If you shopped around to get a 3.0% jumbo rate today, you'd pay...
From MND: Mortgage rates were unchanged today for the average lender. That means they remain at all-time lows that are even lower than the all-time lows seen during the previous 3 business days. Even so, today's underlying market movement might be a bit of a wake-up...
