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Housing Inventory Climbs Higher as Retail Sales Surprise
Overview Mortgage markets mostly drifted sideways this week. A stronger-than-expected retail-spending report offered a mild boost to risk...
Jul 232 min read
Market Update – June 4, 2025
Overview Another tug-of-war week: cooler inflation data and a small dip in mortgage rates were offset by lingering worries over...
Jun 42 min read
Mortgage Rate Update for October 2024
Mortgage rates are holding steady in October, with the average 30-year fixed mortgage hovering between 6.2% and 6.5%. This is up from the...
Oct 14, 20242 min read
Why Did Mortgage Rates Rise After the Fed’s Rate Cut?
If you’ve been watching mortgage rates closely, you might be puzzled: right after the Federal Reserve cut interest rates, mortgage rates...
Sep 20, 20242 min read
Knocking on 7%: Mortgage Rates and the Chilling Effect on Home Affordability
As mortgage rates inch closer to 7%, home buying activity cools. Mortgage rates have seen a notable increase this week, reaching 6.81%,...
Jul 6, 20231 min read
A Silver Lining in the Cloud: Mortgage Rates Ready to Dip
Great news for homebuyers! Mortgage rates are gearing up to drop. Given the easing inflation and recent banking crisis, the Federal...
Jun 8, 20231 min read
When Will Mortgage Rates Go Down?
Mortgage rates are a crucial factor to consider when purchasing a home or refinancing your existing mortgage. You may be wondering when...
Apr 29, 20232 min read
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