Mortgage Rates1 – We had a bit of rate relief this week and our benchmark rate dropped back into the sixes and is now at 6.999% (APR 7.082%).  The primary market mover was last week’s BLS jobs...

Mortgage Rates1 – Rates ticked up again this week and our benchmark rate is up slightly from last week at 7.250% (APR 7.347%).  It was another BLS jobs week (which hit expectations), and the ADP...

Mortgage Rates1 – Overall, rates moved up this week, climbing back into the 7%’s, even though our benchmark rate is only up slightly from last week to 7.000%.  The big news of the week came from the...

Mortgage Rates1 – We lost some ground this week and our benchmark rate climbed back up to 6.990% (7.067% APR).  There wasn’t any ‘big’ news this week, but Thursday’s initial jobless claims report,...

Mortgage Rates1 – A little good news to report: for the first time in weeks our benchmark rate dropped considerably, and we are back in the sixes!  Our benchmark rate is now at 6.750% (6.836% APR)...

Mortgage Rates1 – It wasn’t a friendly week for interest rates, and we saw our benchmark rate move up to 7.25% (APR 7.37%).  On Wednesday, the FOMC released the minutes from its June 14th meeting,...

Mortgage Rates1 – We had a relatively stable week until yesterday’s Initial Jobless Claims Report (which measures individuals filing for first-time unemployment benefits), fell 26,000 to 239,000...

Mortgage Rates1 – Rates moved slightly higher this week and our benchmark rate is now at 6.875% (APR 6.948%) on the heels of Fed Chair Jerome Powell’s semi-annual testimony to the Financial Services...

Mortgage Rates1 – While we ended the week slightly better than where we started, and our benchmark rate is now at 6.75% (APR 6.828%) it was not a flat road.  The headline inflation number in the May...