Interest Rates – What Happened?

Looking out over the next few months, most analysts are still predicting interest rates to show improvement.  They have risen too high too quickly, according to their argument.  This seems reasonable.

Did the Fed Just Lower Mortgage Rates?

Until lenders work through the surge in their pipeline, we won’t see lower mortgage rates. In my experience, this will take at least a month, possibly as long as three.

Interest Rates Plunge – Is There a Bottom?

Interest rates plunged over the last two weeks. The 10-year bond has never been this low in history. Margins have never been this high for lenders. Lenders are changing their pricing multiple times each day. We are in completely uncharted waters. What happens now? To be honest, we can only guess.

Why Are Interest Rates Dropping in February?

"...there is room for retail interest rates to come down a bit – somewhere between 0.125% and 0.250%"

Will Mortgage Rates Drop in 2020?

Look at the chart below. You can see that at the end of July and the beginning of August – the days after the Fed announcement – interest rates dropped steeply to their lowest level since 2016. Mortgage rates followed as expected.

Mortgage Rates Update

Mortgage rates dropped in late July and early August and have held quite steady since then. What happened, and what’s likely to happen next?

Fed Cuts Rates, But That’s Not All

What I am saying is that yes, when the Fed cuts rates it can influence mortgage rates somewhat, but because of their other decisions we are about to see dramatic improvement in mortgage rates very soon.

Does the Fed Rate Cut Affect Mortgage Rates?

However, it is a little more complicated than that.  Mortgage interest rates are driven by the market, which responds to expectations of inflation.

Mortgage Rates Today

7/29/2019 | Casey Fleming | You have heard that mortgage rates have come down recently.  The question on many folks’ mind is how far they come down, why, and how long will it last?  Let’s start by looking at mortgage rates today. Mortgage Rates Are at a Three-Year Low Rates have fallen slowly but steadily...

Wither Interest Rates?

Where will interest rates go in 2019? Some heavy hitters have weighed in on this recently, so let’s take a look at a roundup of opinions from the smart people in the room.