I sat down with Quicken Loans VP of Marketing Strategy and Business Channel Strategy, Graham Skidmore, to see what he had to say about the direction of mortgage rates. He has some stellar advice for folks out there looking to refinance their current mortgage or buy their first home.
Tag Archives | Mortgage Rates
Treasuries gained for a second day as some investors got a hold of themselves and realized that headlines proclaiming the Fed will slow its bond buying program sooner than later are speculative.
It’s been a month of low rates sneaking higher every week. How much did they climb this week? Read the primary mortgage market survey to find out!
After months of dropping mortgage rates, we’ve seen rates inch higher for weeks. Rates are still low in historical comparison, but there’s no telling how much longer they’ll stay at these low levels.
Fixed mortgage rates followed long-term government bond yields higher following a growing market sentiment that the Federal Reserve may lessen its accommodative policy stance. Improving economic data may have encouraged those views.
If you focus on getting the absolute lowest rate and/or closing costs, you could end up spending a lot more time and money on your loan in the long run.
After over a month of record-low mortgage rates, we’ve seen low mortgage rates creep a little higher for two weeks in a row. Read the details in this week’s Primary Mortgage Market Survey.
Unfortunately, mortgage rates have reversed their recent trends and have risen this week according to the Primary Mortgage Market Survey. Read on to find out how much they’ve risen.
Friday closed with a major sell-off caused by better than expected employment numbers. So what does that mean for the week ahead?
Yesterday, mortgage rates inched higher for the first time in four days. This move was caused by a stronger than expected Initial Jobless Claims report.