This week saw fixed rates on nearly all fronts move higher.  The 30-year fixed mortgage rate was up 13 basis points and the 15-year fixed mortgage was up 19 basis points.  The jumbo market, however, seemed to end its run up but maintain its inverse relation to its smaller mortgage peers by decreasing 2 basis […]

I wanted to take a look at mortgage rates today.  They continue to show the same trends we’ve seen since the subprime crisis all come down: it sucks to be a jumbo.  The jumbo mortgage market is the one end of the system that has not really seen a ton of relief from attempts at […]