Mortgage Rates Improve After New Treasury Secretary Bessent Announces Loaner

As I’ve been saying for a while now, all the potential bad news (regarding mortgage rates) has been largely priced in over the past couple of months. And then some! Meanwhile, anything that could be positive for mortgage rates, such as lower inflation and higher unemployment, has been largely ignored. Rates can’t seem to catch … Read more

Can mortgage rates improve significantly before Trump’s inauguration? Loaner

Although mortgage rates have already seen some improvement since the election dust settled, they remain quite high. At last glance, the 30-year fixed rate was hovering around 6.875%, down about 0.25% from its recent highs. It’s been a good few days, but rates are still at least 0.75% higher than they were in mid-September. Why … Read more