by Jacob Lilley | Jan 21, 2022 | Blog, Mortgage Rates
The bond market returned from a 3 day weekend to find yields surging higher on Tuesday. That pushed mortgage rates to fresh 2 year highs and added emphasis to what has already been the sharpest rate spike since late 2016. Why are rates rising so quickly? Mortgage... by Jacob Lilley | Jan 14, 2022 | Blog, Mortgage Rates
In the past 2 weeks, press coverage of the Federal Reserve’s policy outlook has ramped up significantly. The Fed is now expected to start hiking rates in March and to hike more than previously expected in 2022. If you think that gives you time to get a mortgage... by Jacob Lilley | Jan 7, 2022 | Blog, Mortgage Rates
Seemingly overnight, the mortgage rate narrative has changed rather drastically, at least in relative terms. While rates had risen gradually from near-all-time lows in August, they were still in a historically low range by the end of December. A week later and... by Jacob Lilley | Dec 17, 2021 | Blog, Mortgage Rates
Sure, we could write a headline that attempts to distill the concept of a big picture struggle between the forces exerting upward pressure on rates and those stepping in to push back in the other direction. Or we could just introduce the “not so fast”... by Jacob Lilley | Dec 10, 2021 | Blog, Mortgage Rates
Financial market volatility increased noticeably after the emergence of the omicron variant. Last week, that proved to be good for rates and bad for stocks. This week was a different story. While the collective view of omicron remains cautious, several high profile...
