by Jacob Lilley | Mar 19, 2021 | Blog, Mortgage Rates
Most of this week’s mortgage rate coverage focused on a fairly gentle increase of 3.05 to 3.09 for the average 30yr fixed. That number comes from Freddie Mac’s weekly rate survey, which is one of the only games in town when it comes to capturing a broad,... by Jacob Lilley | Mar 12, 2021 | Blog, Mortgage Rates
Rising rate headlines are nothing new, but there was a bit of a double whammy this week… or triple, depending on your point of view. Whammy 1: Highest Rates in a Year It’s March 2021, and you’d now have to go back to March 2020 to see higher mortgage... by Jacob Lilley | Mar 5, 2021 | Blog, Mortgage Rates
Interest rates can’t seem to catch a break. February was one of only a handful of months in the past 2 decades that resulted in a 0.50% mortgage rate spike. Despite hopes to the contrary, March isn’t off to a great start either. Paradoxically, this rate... by Jacob Lilley | Mar 3, 2021 | Blog, Bozeman Mortgage Lender, Home Buying
Casual, friendly, and cool, Bozeman, Montana is a magnet to everyone and anyone seeking a renewing and relaxing day. From the great outdoors, to a lively art scene, to a rural Montana experience, this town has it all. Here are five charming and accessible things to do... by Jacob Lilley | Feb 26, 2021 | Blog, Mortgage Rates
Rising rates have been on the menu for months, but the drama kicked into a higher gear this week. Maybe you heard about this? We’ve certainly been discussing it in recent newsletters (especially last week’s). The rising rate narrative hit the mainstream... by Jacob Lilley | Feb 19, 2021 | Blog, Mortgage Rates
There’s no precedent for the winning streak enjoyed by mortgage rates in the 2nd half of 2020. We’ve never seen so many new record lows in the same year, and we never spent as much time at those lows (not even close). All of the above makes it easy to get... by Jacob Lilley | Feb 11, 2021 | Blog, Bozeman Mortgage Lender, Home Buying
Bozeman, Montana is consistently named one of the best places in the US to call home. Located in southwest Montana, Bozeman is wrapped in the cloak of the Bridger Mountains and Gallatin Range, with endless opportunities for outdoor recreation and all the wide-open... by Jacob Lilley | Feb 11, 2021 | Blog, Mortgage Rates
There’s an obvious trend toward higher rates as far as Treasury yields are concerned. This goes all the way back to August. Treasury yields and mortgage rates historically correlate quite well. But mortgage rates have almost completely ignored that... by Jacob Lilley | Feb 5, 2021 | Blog, Mortgage Rates
Economic data is traditionally one of the key contributors to interest rate movement. Of the regularly-scheduled reports, none has more market-moving street cred than The Employment Situation–otherwise known as “the jobs report” or simply NFP (due to... by Jacob Lilley | Jan 29, 2021 | Blog, Mortgage Rates
After spiking in early January, interest rates returned to near-all-time-low levels by the middle of the week. By the end, however, the market began to flash a warning about more volatility ahead. The warning is fairly simple. It has to do with a pattern...
