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2021 hasn't been a great year for mortgage rates--at least not as far as their trajectory is concerned. But that could be changing. Even if things don't get any better from here, the past 3 weeks are collectively the best we've seen since January. Mortgage rates are...
The housing market is heating and cooling at the same time, depending on the data in question. Who's telling the truth? Actually, maybe everyone... According to home price appreciation, the market is on fire. FHFA and Case Shiller (2 of the main home price reports...
The biggest story for the mortgage and housing market so far in 2021 has been the big spike in mortgage rates. It has been more abrupt and covered more ground than all but the worst historical examples. That said, it was always going to happen when the covid outlook...
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, best case...
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 rates. It will...
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 drama means...
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...
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 this week as...
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 lulled into...
