Sub-6% mortgage rates vanish as Iran war sparks inflation fears

By Prashant Gopal | Bloomberg News U.S. homebuyers had to act fast last week to nab the first sub-6% mortgage rates in more than three years. Now they’re up, and the new conflict in the Middle East threatens to nudge them higher. The average for 30-year, fixed loans climbed to 6% from 5.98% last wee

Dueling Narratives Leave Yields Higher Ahead of Jobs Report

Dueling Narrative Leave Yields Higher Ahead of Jobs Report In the overnight session yields followed oil prices higher, but notably, Treasuries continued to sell even after oil leveled off. Then during domestic hours, it was Treasuries' turn to level off while oil prices spiked.  From 9am to 2pm

NAR releases statement on coming soon listings and public marketing

Without commenting directly on the Compass-Rocket partnership, the National Association of Realtors noted it has no policy on coming soon listings and reaffirmed support of the MLS.

Mortgage Rates Bounce Back Up Near Recent Highs

Mortgage rates bounced back up today as the underlying bond market continued the selling trend seen on 3 out of 4 days so far this week. In the overnight hours, bond yields (which generally correlate with mortgage rates) moved higher in concert with rising oil prices.  That said, it would be a