Mortgage Insights

Get the latest mortgage news and other insights into the home loan industry from the at Bank of Internet USA.

 

Mortgage Rates Fall Unexpectedly on Wednesday

Dec 28, 2017 - US mortgage rates fell unexpectedly on Wednesday, with most lenders reducing their rates by 0.125%. Those lenders that did not lower rates yesterday are expected to reduce their rates today if the bond market holds steady. Wednesday’s rate decreases largely reversed last week’s spike in rates. ...

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Mortgage Rates Unchanged After Long Holiday Weekend

Dec 27, 2017 - US mortgage rates remained unchanged on Tuesday as financial markets remained stuck in a sideways pattern. Although mortgage rates have shown changes during the last week in December in the past when bond markets experienced an imbalance of buyers and sellers, that condition usually does not...

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Worst Week for Mortgage Rates Since June Might be Cooling Off

Dec 22, 2017 - US mortgage rates increased slightly on Thursday, marking the strongest three-day rate increase since the latter part of June. Yesterday’s rise left most mortgage lenders offering rates more than 0.125% higher than those quoted on Monday. A rate hike of this magnitude would have been typical for...

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Mortgage Rates Continue to Rise

Dec 21, 2017 - US mortgage rates continued to rise on Wednesday, mainly due to momentum from yesterday carrying over into bond markets. There was far less trading in the market yesterday, and the rate movement was much smaller. However, any amount of additional rate change would be sufficient confirmation that...

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Mortgage Rates Rise to Late October’s Levels

Dec 20, 2017 - US mortgage rates rose on Tuesday, ultimately reaching levels that were last seen in late October of this year. One reason behind the large magnitude of the rate increase in one day was the fact that the recent range of mortgage rates has been very narrow. In many cases, the difference in quoted...

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