by Jacob Lilley | Dec 6, 2019 | Blog, Mortgage Rates
Certain years gain notoriety in financial markets for various reasons. Sometimes these are massive, individual reasons like 2013, the year of the taper tantrum. Sometimes there are separate themes that pull the market in opposite directions like 2016’s Brexit... by Jacob Lilley | Nov 22, 2019 | Blog, Mortgage Rates
Financial markets remain transfixed by seemingly insignificant updates relating to US/China trade negotiations. For those who follow markets closely, this can be exasperating at times, but it’s happening for a good reason. If we only look at shorter-term market... by Jacob Lilley | Nov 15, 2019 | Blog
The past 2 weeks have been fairly exciting in terms of interest rate volatility. This is the perfect environment for seemingly authoritative sources to get it dead wrong when it comes to telling you how rates are moving. Without naming names, let’s just say some... by Jacob Lilley | Nov 8, 2019 | Blog, Mortgage Rates
Last week, we discussed a fairly quick move toward LOWER rates. One short week later and we’re forced to discuss an even more abrupt move back toward HIGHER rates. By Friday, the average mortgage lender was quoting the highest rates in more than 3 months, and... by Jacob Lilley | Nov 1, 2019 | Blog, Mortgage Rates
I’ve gone out of my way on several occasions to explain why mortgage rates are not directly affected by Fed rate cuts. Now this week, the Fed cut its rate and mortgage rates dropped abruptly the very next day. Is it time to revisit this logic? Not even a little...
