Epic Round Trip as Rates Launch Higher Only to End Lower

You won't see too many days like today when it comes to mortgage rates and the underlying bond market that drives them. Bonds were eagerly awaiting this morning's Consumer Price Index (CPI), a key inflation report and an important source of guidance for the Fed rate outlook.  Reminder: while the Fed

Five questions to ask about appraisal changes

A new appraisal reporting format is rolling out. These five questions can help agents prepare for lender changes, customer conversations and transactions.

Buyers take another look at adjustable-rate loans

Nearly 9% of purchase borrowers chose an ARM in mid-September as higher fixed rates pushed more buyers toward lower initial payments.

Mortgage Rates Inch to Another 2-Week Low

It was an uneventfully good day for mortgage rates . Unlike the average day over the past several weeks, there was minimal intraday volatility in the underlying bond market. This allowed the average lender to issue rates once this morning and avoid intraday rate changes.  Fortunately, the overnight