Last week mortgage rates worsened slightly on light trading due to the shortened Holiday schedule. This week mortgage rates may be largely influenced by the events in Europe as they have been in the weeks and months of late. We will likely see mortgage rates increase on good news affecting events in Europe and mortgage [...]

While rates have come down in the past month, mortgage rates this week may affected by multiple bond auctions that are taking place, any of which can sway the market dependent on their volume.  For this reason, the market will be moving forward with less certainty, which makes this week a great week to lock [...]