Tag Archives: mortgage rates rise

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A Rough Week for Bonds, and Where Buyers Can Still Find Opportunities

I hope your week is going well! It has been a turbulent stretch for rates, so let me break down what happened and what it means for you. Here’s Where Rates Stand Mortgage rates climbed again, up roughly a quarter of a percent in just two weeks by Freddie Mac’s measure, and daily rates are

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Rates Rising as Fed Heads to Jackson Hole

A normally innocuous event last week sent mortgage rates higher. The opening line of the Fed’s Meeting Minutes, “uncertainty of the U.S. economic outlook remains elevated…” confirmed for traders that we still don’t have certainty about the direction of inflation. Uncertainty and inflation are two of the arch enemy’s of mortgage rates, and when they

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