Mortgage and refinance rates today, January 28, 2021
Today’s mortgage and refinance rates Average mortgage rates fell yesterday, as we predicted. And, as a result, they’re now at a new all-time low. There was mixed economic news earlier […]
Today’s mortgage and refinance rates Average mortgage rates fell yesterday, as we predicted. And, as a result, they’re now at a new all-time low. There was mixed economic news earlier […]
Posted To: MBS Commentary
Yesterday's bond market weakness ran the risk of signalling an end to the winning streak enjoyed since January 12th. Those gains were fairly steady and they took yields from the very top of the prevailing trading pattern almost all the way to the bottom. If early trading is any consideration, today is set to confirm the negative shift. In fact, yields are already arguably halfway back across the trend channel (the parallel yellow lines that have guided the broader bond market correction since August). Here's a wider view: Those who primarily follow the world of interest rates in terms of the mortgage market may be wondering "what correction since August?!" That's because mortgage rates cut a very different path for most of 2020. Here's the same chart with mortgage…(read more)
Today’s mortgage and refinance rates Average mortgage rates fell more than expected last Friday. And they’re now back within striking distance of the most recent all-time low, set early this […]
Today’s mortgage and refinance rates Average mortgage rates edged higher yesterday. It was only a small increase. And rates remain in uberlow territory. But it ended an eight-working-day run without […]
Mortgage lenders and professional sports franchises have a lot more in common than you might think â mergers and acquisitions, recruitment, branding and star players, to name a few. But their most important connection is their need to always stay competitive and prioritize their customersâ experience.
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