by Jacob Lilley | Nov 9, 2018 | Blog, Home Buying, Home Selling, Mortgage Rates
Are you mad? Whether you’re a housing/mortgage professional or simply a person who might like to buy/sell/refinance a house at some point in the near future, you have a right to be frustrated. Housing is definitely in the midst of a cooling phase. There are... by Jacob Lilley | Nov 2, 2018 | Blog, Mortgage Rates
October has a bit of a reputation in financial markets as being more prone to volatility than most months. While there are solid theories as to why (earnings, start of Federal fiscal year, seasonal staffing patterns among traders), there’s no solid rhyme or... by Jacob Lilley | Oct 26, 2018 | Blog, Mortgage Rates
It’s been all over the news in October, and before then in February: rising rates are causing heavy stock losses! The bigger the stock losses, the more rates get blamed. To some extent, and for some investors, that may be true, but it sure wasn’t true this... by Jacob Lilley | Oct 19, 2018 | Blog, Mortgage Rates, Refinancing
A Few Great Reasons Not to Lose Hope in Housing and Rates Times are tougher than they have been for the housing and mortgage markets. Rates are at 7 year highs, and home sales/prices are noticeably cooling. 2008’s mortgage meltdown taught us to fear the worst at... by Jacob Lilley | Oct 12, 2018 | Blog, Mortgage Rates
If you’ve been anywhere close to the housing market over the past few years, you know mortgage rates have been rising. Last week brought one of the sharpest increases in years even as rates were already pushing long-term highs. Now, this week’s massive... by Jacob Lilley | Oct 5, 2018 | Blog, Mortgage Rates
For the first time since early 2011, the average mortgage lender is quoting conventional 30yr fixed rates of 5.0%. This happened fairly quickly too, with an increase of 0.25% just in the past 3 days. What’s causing all this drama and is there any hope that it... by Jacob Lilley | Sep 21, 2018 | Blog, Mortgage Rates
Interest rates are a hot topic right now, largely because they’re surging to the highest levels in years depending upon whom you ask and what type of rate you’re asking about. There is a lot of confusion and even some misinformation about exactly what... by Jacob Lilley | Sep 14, 2018 | Blog, Mortgage Rates
Last week, we talked about the unintended consequences of a strong economy–namely, that better economic data tends to push rates higher. This week, it was more of the same. In addition to economic data that generally argued for higher rates, markets also had to... by Jacob Lilley | Sep 7, 2018 | Blog, Mortgage Rates
From a strictly economic standpoint, this week saw the release of several impressive reports. It just so happened the 3 best reports were also the 3 most important reports (based on their typical ability to cause a reaction in financial markets). Chief among these was... by Jacob Lilley | Aug 31, 2018 | Blog, Mortgage Rates
There are a few different ways to measure volatility in the bond market, but one of the simplest is via the average daily trading range. That particular metric is showing volatility in line with the lowest levels in decades. The lower volatility goes, and the longer...
