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Jason Thoele

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Jason Thoele (@jasonthoele) 's Twitter Profile Photo

Mortgage Rates End Week Unchanged. Next Week, Probably Not... It's no great secret that the outgoing week didn't offer much in terms of hotly anticipated events with the power to make or break momentum in the rate market.  But as it happened, there was ul rfr.bz/t0ab307

Mortgage Rates End Week Unchanged. Next Week, Probably Not...

It's no great secret that the outgoing week didn't offer much in terms of hotly anticipated events with the power to make or break momentum in the rate market.  But as it happened, there was ul rfr.bz/t0ab307
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Mortgage Rates Hold Perfectly Flat to Start New Week If any given week of movement in the mortgage rate world came with disclaimer, this one would be: "Warning. An absence of volatility on Monday has no bearing on odds for volatility in the rest of the we rfr.bz/t76ccdf

Mortgage Rates Hold Perfectly Flat to Start New Week

If any given week of movement in the mortgage rate world came with disclaimer, this one would be: "Warning. An absence of volatility on Monday has no bearing on odds for volatility in the rest of the we rfr.bz/t76ccdf
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Mortgage Rates Moving Down Again After three straight days at exactly the same level, average 30yr fixed rates began to move lower again on Tuesday. It should immediately be clarified that the word "began" implies a certain likelihood of continuation wher rfr.bz/t3d8249

Mortgage Rates Moving Down Again

After three straight days at exactly the same level, average 30yr fixed rates began to move lower again on Tuesday. It should immediately be clarified that the word "began" implies a certain likelihood of continuation wher rfr.bz/t3d8249
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Mortgage Rates Sideways to Slightly Lower Wednesday brought another incremental increase in the level and importance of the calendar events with the power to create volatility for rates. Some of the events were economic reports out earlier in the morning. rfr.bz/t2858f5

Mortgage Rates Sideways to Slightly Lower

Wednesday brought another incremental increase in the level and importance of the calendar events with the power to create volatility for rates. Some of the events were economic reports out earlier in the morning. rfr.bz/t2858f5
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Mortgage Rates Hold Near July Lows Ahead of Jobs Report Mortgage rates went to bed last night knowing that the bond market would need to improve in the morning in order for prevailing levels to be maintained. In other words, bonds had begun losing ground rfr.bz/t766f4e

Mortgage Rates Hold Near July Lows Ahead of Jobs Report

Mortgage rates went to bed last night knowing that the bond market would need to improve in the morning in order for prevailing levels to be maintained. In other words, bonds had begun losing ground  rfr.bz/t766f4e
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Mortgage Rates Instantly Drop to 4 Month Lows After Jobs Report Every month, we offer the same old warning/reminder ahead of the big jobs report--something to the effect of "no other economic report has as much power to cause volatility in rates, for bett rfr.bz/t254ec3

Mortgage Rates Instantly Drop to 4 Month Lows After Jobs Report

Every month, we offer the same old warning/reminder ahead of the big jobs report--something to the effect of "no other economic report has as much power to cause volatility in rates, for bett rfr.bz/t254ec3
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Lowest Mortgage Rates Since Early October Mortgage rates are driven by movement in the bond market and bonds take cues from economic data, among other things. The monthly jobs report is routinely the most closely watched economic report as far as bonds ar rfr.bz/t4f9f0e

Lowest Mortgage Rates Since Early October

Mortgage rates are driven by movement in the bond market and bonds take cues from economic data, among other things. The monthly jobs report is routinely the most closely watched economic report as far as bonds ar rfr.bz/t4f9f0e
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Mortgage Rates Holding at 10 Month Lows Yesterday saw the average 30yr fixed rate fall back in line with levels from early October, 2024. This happened for two reasons. The broader, underlying reason is that rates have been in a fairly narrow, stable rang rfr.bz/tc4a397

Mortgage Rates Holding at 10 Month Lows

Yesterday saw the average 30yr fixed rate fall back in line with levels from early October, 2024. This happened for two reasons. The broader, underlying reason is that rates have been in a fairly narrow, stable rang rfr.bz/tc4a397
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Mortgage Rates Steadily Holding Longer-Term Lows Although there were flashes of potential volatility in the underlying bond market at times today, mortgage rates made it through unscathed.  In other words, the volatility wasn't sufficient to force the ave rfr.bz/tca9568

Mortgage Rates Steadily Holding Longer-Term Lows

Although there were flashes of potential volatility in the underlying bond market at times today, mortgage rates made it through unscathed.  In other words, the volatility wasn't sufficient to force the ave rfr.bz/tca9568
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Mortgage Rates Hit Another New Longer-Term Low Mortgage rates have barely budged after Monday with the day-over-day change failing to exceed 0.02% on any given day. But today's budging happened to bring the average 30yr fixed rate to another 10-month low. rfr.bz/t9f8d6e

Mortgage Rates Hit Another New Longer-Term Low

Mortgage rates have barely budged after Monday with the day-over-day change failing to exceed 0.02% on any given day. But today's budging happened to bring the average 30yr fixed rate to another 10-month low. rfr.bz/t9f8d6e
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Mortgage Rates Flat Ahead of Next Week’s High-Stakes Data Mortgage rates finally moved in a slightly more noticeable direction today, but the change was still inconsequential in the bigger picture. The average 30yr fixed rate in our index edged up a mere rfr.bz/td26a3c

Mortgage Rates Flat Ahead of Next Week’s High-Stakes Data

Mortgage rates finally moved in a slightly more noticeable direction today, but the change was still inconsequential in the bigger picture. The average 30yr fixed rate in our index edged up a mere  rfr.bz/td26a3c
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Mortgage Rates Steady Ahead of High Stakes Inflation Report The average top tier 30yr fixed rate held exceptionally steady last week after moving just a bit lower over the weekend. By comparison, today's rates are much closer to Friday's latest levels and rfr.bz/tba9a7b

Mortgage Rates Steady Ahead of High Stakes Inflation Report

The average top tier 30yr fixed rate held exceptionally steady last week after moving just a bit lower over the weekend. By comparison, today's rates are much closer to Friday's latest levels and rfr.bz/tba9a7b
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Mortgage Rates Hold Steady After Key Inflation Report Pundits, politicians, and everyone else can continue to assume that mortgage rates will respond to changes to the Fed Funds Rate. Meanwhile the bonds that actually dictate mortgage pricing will continu rfr.bz/tcff32b

Mortgage Rates Hold Steady After Key Inflation Report

Pundits, politicians, and everyone else can continue to assume that mortgage rates will respond to changes to the Fed Funds Rate. Meanwhile the bonds that actually dictate mortgage pricing will continu rfr.bz/tcff32b
Jason Thoele (@jasonthoele) 's Twitter Profile Photo

Mortgage Rates Hit New 10 Month Lows October 3rd, 2024 continues to be the day to beat when it comes to mortgage rates hanging out at 10 month lows. Today's top tier 30yr fixed rate matched October 4th levels for the first time since then, just barely edg rfr.bz/t5e59a4

Mortgage Rates Hit New 10 Month Lows

October 3rd, 2024 continues to be the day to beat when it comes to mortgage rates hanging out at 10 month lows. Today's top tier 30yr fixed rate matched October 4th levels for the first time since then, just barely edg rfr.bz/t5e59a4
Jason Thoele (@jasonthoele) 's Twitter Profile Photo

Mortgage Rates Mostly Steady Despite Some Market Volatility Mortgage rates hit fresh long term lows yesterday with the average top tier 30yr fixed rate at the best levels since October 3rd, 2024.  There wasn't anything exceptional about the movement yeste rfr.bz/te280b0

Mortgage Rates Mostly Steady Despite Some Market Volatility

Mortgage rates hit fresh long term lows yesterday with the average top tier 30yr fixed rate at the best levels since October 3rd, 2024.  There wasn't anything exceptional about the movement yeste rfr.bz/te280b0
Jason Thoele (@jasonthoele) 's Twitter Profile Photo

Highest Rates This Week, But Close Enough to Long Term Lows Friday proved to be the weakest day of the week for the underlying bond market and, thus, the highest day of the week for mortgage rates. Retail sales data was generally stronger than expected, e rfr.bz/t2dfc00

Highest Rates This Week, But Close Enough to Long Term Lows

Friday proved to be the weakest day of the week for the underlying bond market and, thus, the highest day of the week for mortgage rates. Retail sales data was generally stronger than expected, e rfr.bz/t2dfc00
Jason Thoele (@jasonthoele) 's Twitter Profile Photo

Rates Trickle to Another Higher Low Mortgage rates are as high as they've been on almost any other day this month.  You'd have to go back to August 1st to see anything higher.  On the other hand, rates are still noticeably lower than almost any other day rfr.bz/t945d27

Rates Trickle to Another Higher Low

Mortgage rates are as high as they've been on almost any other day this month.  You'd have to go back to August 1st to see anything higher.  On the other hand, rates are still noticeably lower than almost any other day  rfr.bz/t945d27
Jason Thoele (@jasonthoele) 's Twitter Profile Photo

Mortgage Rates Little Changed From Monday Mortgage rates are based on bonds and bonds, and bonds have some seasonality to them.  This doesn't necessarily mean there's a reliable seasonal pattern for the direction of rate movement.  Rather, it means that s rfr.bz/ted84f1

Mortgage Rates Little Changed From Monday

Mortgage rates are based on bonds and bonds, and bonds have some seasonality to them.  This doesn't necessarily mean there's a reliable seasonal pattern for the direction of rate movement.  Rather, it means that s rfr.bz/ted84f1
Jason Thoele (@jasonthoele) 's Twitter Profile Photo

Mortgage Rates Barely Budge For the 11th straight business day, mortgage rates are very close to the levels from the end of the previous day.  Over the past week, however, most of these small day-to-day movements have been microscopically higher.  Today's rfr.bz/t4c8057

Mortgage Rates Barely Budge

For the 11th straight business day, mortgage rates are very close to the levels from the end of the previous day.  Over the past week, however, most of these small day-to-day movements have been microscopically higher.  Today's rfr.bz/t4c8057
Jason Thoele (@jasonthoele) 's Twitter Profile Photo

Mortgage Rates Inch Higher Yet Again In a world (like this one) where mortgage rates are dictated by bond market movement and where bonds take cues from certain economic reports, weeks like this one can be frustrating or boring.  Until today, there haven' rfr.bz/td11626

Mortgage Rates Inch Higher Yet Again

In a world (like this one) where mortgage rates are dictated by bond market movement and where bonds take cues from certain economic reports, weeks like this one can be frustrating or boring.  Until today, there haven' rfr.bz/td11626