RECENT ARTICLES
What The Fed’s Emergency Rate Cut Means For Mortgage Rates
Mar 15 2020, 5:45PM by Matthew Graham It's extremely important for the sound functioning of the mortgage market that consumers read and understand the following: THE FED DID NOT JUST CUT YOUR MORTGAGE RATES! I can't count [...]
NO, You Can’t Get That New 0% Mortgage Rate You Heard About
Mar 16 2020, 5:40PM Lots of words recently and lots to do for all of us, so let's make this simple. No, you can't get a that new 0% mortgage rate you heard about! It [...]
Feds Move Didn’t Do Much
Mon, Mar 16 - 5:13 PM ET Big Fed moves were unable to soothe the extreme coronavirus fears today as the Dow saw its largest daily point loss in its history plunging nearly 3,000 points [...]
Article Archive
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Mortgage Rates Shoot Significantly Higher
BY: MATTHEW GRAHAMNov 5 2019, 6:07PM Mortgage rates were flat yesterday, but I warned that volatility could increase today. That turned out to be an understatement. Mortgage rates shot higher nearly as quickly as they'd moved lower [...]
Home Sales Slump Now Fully Erased
BY: JANN SWANSONSep 19 2019, 10:51AM While the increase wasn't as strong as in July, last month's existing home sales posted a second straight month of gains and, as previously, the National Association of Realtors® (NAR) credited falling [...]
Think The Fed Cut Mortgage Rates? Think Again
Sep 19 2019, 4:23PM BY: MATTHEW GRAHAM Here is exactly what yesterday's Fed rate cut did to mortgage rates: ABSOLUTELY NOTHING! No Fed rate cut (or hike) will EVER do ANYTHING directly to mortgage rates because the [...]