by Jacob Lilley | Mar 20, 2020 | Blog, Mortgage Rates
Last week was the wildest in the history of the mortgage market. This week was wilder. It ended with a one-of-a-kind show of force from the Federal Reserve. This wasn’t necessarily destined to be the case, but things changed dramatically on Wednesday. By... by Jacob Lilley | Mar 17, 2020 | Blog, Mortgage Rates
The headline makes a lofty claim, but let’s put doubt to rest with 3 facts right up front. Mortgage rates were at all time lows on Monday Morning for most lenders By Friday, rates had risen as fast as they’ve ever risen in one week By Friday, the gap... by Jacob Lilley | Mar 17, 2020 | Mortgage Rates
A Message from Caroline Roy: “Here’s a great article breaking down just want the FED reduction means for you, as a consumer of mortgage rates. Please read and share! Thanks!” There are a lot of words here. If you have a mortgage you might ever... by Jacob Lilley | Mar 6, 2020 | Blog, Mortgage Rates
Coronavirus has brought chaos to financial markets like few other things have. Much of the fallout is unprecedented. This is especially true for interest rates and the mortgage market. In many ways, things are more chaotic now than they were in 2008. That has... by Jacob Lilley | Feb 28, 2020 | Blog, Mortgage Rates
It’s no secret that the stock market has plummeted this week and only slightly less of a secret that the 10yr Treasury yield has dropped well into new all-time lows (on 4 straight days, in fact). Given that mortgage rates are often discussed in the context of...
