by Jacob Lilley | Oct 16, 2020 | Blog, Home Buying, Mortgage Rates
Have you heard the one about “all-time low” mortgage rates? It’s been in the news quite a bit over the past two weeks, but it’s massively misleading. Rates are definitely not at all-time lows, although they’re close in some cases. ... by Jacob Lilley | Oct 9, 2020 | Blog, Mortgage Rates
The bond market, which drives interest rates, is in the habit of reacting to big developments that impact the economy and inflation. At present, bonds are forced to wait for several such developments, but only one of them might come into focus this month. The... by Jacob Lilley | Oct 2, 2020 | Blog, Mortgage Rates
After weeks of incredibly subdued volatility, the bond market (which dictates rates) is starting to show some signs of life, but not for the same old reasons. Inflation? Inflation is one of the oldest and most significant reasons to freak out about interest rates. It... by Jacob Lilley | Sep 25, 2020 | Blog, Mortgage Rates
The pandemic has proven to be a powerful source of motivation for the housing market. After grinding to a halt in March and April like the rest of the economy, home sales and prices have bounced back with a vengeance. Several monthly housing-related reports were... by Jacob Lilley | Sep 18, 2020 | Blog, Mortgage Rates
Mortgage rates are most influenced by the bond market and the bond market is most influenced by the Federal Reserve (aka “The Fed”). So when the Fed says it expects rates to be “zero” at least until the end of 2023, does the same go for...