Brian Hayes to raise mortgage rate data with ECB
Central Bank figures for mortgage rates ‘distorted’, claims MEP
This Could Be Your Last Shot to Refinance a Mortgage
After the Fed’s announcement Wednesday that it would end its historic $3 trillion bond-buying program, mortgage rates predictably began to rise. You might consider instead a 15-year loan, which has a lower rate and higher monthly payments but will have you owning your house outright much sooner. “Think about you particular situation not just now, but five, ten, twenty years from now,” said …
Higher US rates put a damper on mortgage refinancing
Even a small rise in mortgage rates was enough to cut off the spigot on refinances.
Mortgage refinances fall on higher rates
Even a small rise in mortgage rates was enough to cut off the spigot on refinances.
Mortgage rates fall despite a bond market sell-off
Over the past several months, mortgage rates and the ten-year bond yield stopped correlating. Last week, this trend broke as the two variables lined up once again.