Decent Mid-Day Recovery But No Change to Bigger Picture
Decent Mid-Day Recovery But No Change to Bigger Picture Monday wasn't too different from last Friday in that the bond market began the day with AM volatility that gave way to minimally changed yields by the close. The order was reversed, however, with the weaker trading in the AM and rally back to u
Preapproval key as buyers near sweet spot in a tough market
Homebuyers who are preapproved have the best opportunity to take advantage of fall discounts, giving lenders an opportunity to roll out marketing around this.
Mortgage Rates Start Higher, But Some Lenders Recovered
On average, the top-tier 30yr fixed mortgage rate moved up to another new long-term high today of 7.17%. You'd have to go back to January, 2025 to see anything higher. That said, there's more variability than normal today depending on the lender. Bonds (which dictate rates) were at their weakest le

Pamela Heman
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