Mortgage Resources

After a calm summer at historic lows, interest rate volatility has ramped up heading into the fall. What are rates worried about, and is this just the beginning of more drama? In a word: maybe!  Because they're based on bonds, rates are always worried about anything...

It goes by many names: The Employment Situation, Nonfarm Payrolls (NFP), or simply "the jobs report." No matter what you call it, the Labor Department's massive collection of employment statistics is one of the most important events for the bond market every month....

The conforming loan limit is set by the Federal Housing Finance Agency (FHFA). Mortgages under that amount generally have the lowest effective rates, and in some cases are easier to qualify for. With prices appreciating rapidly in the past year, a big increase in the...

As recently as Thursday, news outlets were reporting mortgage rates had only risen modestly this week with 30yr fixed rates still well under 3.00%.  In fact, they were already well over 3.00% by then.  So who's lying to you? Perhaps no one!  Thursday's news fell...