by Jacob Lilley | Sep 20, 2019 | Blog, Mortgage Rates
While this newsletter series has said it many times before and in many different ways, it bears repeating (and perhaps some extra emphasis this time around): THE FED DOESN’T SET MORTGAGE RATES. Here are several recent examples of the same thesis for those that... by Jacob Lilley | Sep 13, 2019 | Blog, Mortgage Rates
Remember the summer of 2013? Fans of low rates would rather forget it. Specifically, the 2nd to last week in June 2013 marked one of the most abrupt mortgage rate jumps on record. You’d have to go back to 1987 to see anything bigger. The first week of July 2013... by Jacob Lilley | Sep 6, 2019 | Blog, Mortgage Rates
Mortgage rates are on a tear. As of this week, 2019 is now the best year in more than a decade in terms of the peak-to-trough move. But there’s a catch: 2019 isn’t over yet, and there’s always a risk that rates move higher between now and the end... by Jacob Lilley | Aug 30, 2019 | Blog, Mortgage Rates
It’s easy enough for media outlets to accurately report the underlying facts when it comes to mortgage rates and housing. It seems far harder to find consensus when it comes to interpreting those facts. Let’s clear up some of the misconceptions driving... by Jacob Lilley | Aug 23, 2019 | Blog, Mortgage Rates
Various speeches from members of the Federal Reserve contributed to upward pressure on rates throughout the week. But then on Friday, all that pressure was erased in an instant or two. What has that kind of power? If you were forced to guess Friday’s big...
