Mortgage Times CA

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07/25/2023

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07/06/2023

09/05/2018

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Mortgage rates moved higher today, reversing the improvement seen last Friday.  The average lender is now back in line with their highest levels of the past few weeks, although that statement requires some qualification.  During that time, mortgage rates have been in such a narrow range that we c...

08/07/2018

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Mortgage rates were roughly unchanged today.  That would make this the 4th day in a row without any move higher in rates, and it would leave us at the lowest levels in roughly 2 weeks. 

07/31/2018

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Mortgage rates edged higher today, keeping alive a trend toward higher rates that began just over a week ago.  While the overall amount of ground covered as a part of this move isn't necessarily alarming, it's significant because it brings us back to the highest levels since the end of May. 

07/23/2018

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Specifically, rates hadn't moved very much since late June.  The average mortgage seeker will not have seen a change in their quoted interest rate during that time (the only adjustments have been to upfront closing costs/credits).  The point is that it didn't require a huge move to be able to sa...

07/17/2018

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Mortgage rates fell to their lowest levels since late May as of last Friday.  Today, then, would be the 2nd best day since late May.  Rates edged slightly higher to begin the new week as bond markets (which underlie rates) came under modest pressure for several relatively inconsequential reas...

07/02/2018

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Mortgage rates haven't moved for 3 straight days now.  In fact, if you're not too concerned with minutia, there hasn't been any major movement in weeks.  Unless something big happens in financial markets soon, we shouldn't expect that to change next week 

06/27/2018

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Mortgage rates were flat for the 3rd straight day today, keeping them in a holding pattern just slightly below the highest levels in years.  This has been the case for more than a month now, with the exception a brief glimmer of hope at the end of May.