The Rate Also Rises

Years from now when scientists examine mortgage rates in July 2020, they’d be forgiven for coming to the conclusion that rates only ever move lower. As we’ve learned in the first week of August, rates also rise.  To be fair, there were a few days in July...

Should You Wait For Lower Rates?

Mortgage rates have fallen more aggressively than ever and they’ve been remarkably willing to set record after record. So is there any reason you shouldn’t wait for them to go even lower? This is an age old question any time rates fall to long-term lows. ...

How Low Can Rates Eventually Go?

The bond market saw yet another week with rates in a holding pattern at historic lows.  With coronavirus being the primary motivation for rates, it wouldn’t be a surprise to see indecision continue until we get a clearer idea of how things will shake out with...

It’s Time To Refinance (Again)

Markets continue to focus on coronavirus numbers first and foremost.  When the news is good, we tend to see stocks and rates move higher.  When the news is bad, rates tend to fall and stocks struggle to improve.  The movement is usually more pronounced for stocks. ...