Get News, Education, Updates, Events

From SYO Mortgage

Sign Up Today

1 min read

Rates are stabilizing, but not for long

Rates continued to de-escalate this week with the 30-year fixed rate mortgage 6 basis points lower at 7.09% and the 15-year mortgage 5 basis points lower at 6.50%.

current outlook:

Rates are sure to express some volatility over the next...

Read More
The Fed hints at a flat policy rate - Shop Your Own Mortgage

1 min read

The Fed hints at a flat policy rate

After spiking mid last week, rates lowered once more by the beginning of the week (more on this later). As it stands, the 30-year fixed...

Read More

1 min read

New records in rates

Rates are at 20-year highs with the 30-year fixed rate mortgage up 49 basis points at 7.14% and the 15-year mortgage up 32 basis points...

Read More

1 min read

Rates drop back down from record 7%

After a rapid ascension last week, rates have cooled off some. The 30-year fixed rate mortgage is now back in 6’s territory after...

Read More

1 min read

Rates forge ahead

Rates surged again this Monday and are now at 52-week highs. The 30-year fixed rate mortgage hiked up 19 basis points to 6.47% while the...

Read More

1 min read

Borrowers face tightened standards

Rates were steadily moving lower until yesterday when they shot back up in response to a higher-than-expected CPI (consumer producer...

Read More

1 min read

Summertime rate sadness

Rates sailed into dangerous territory and are now just below their respective 52-week highs. The 30-year fixed rate mortgage jumped 30...

Read More

1 min read

Housing projections over the next three months

Following a calm Friday, rates shot up at the beginning of the week. The 30-year fixed rate mortgage increased another 22 basis points to...

Read More

1 min read

Rate correction in August

In the days leading up to the highly anticipated Jackson Hole Symposium, the 30-year fixed rate mortgage shot up 44 basis points to...

Read More

1 min read

Builders offering 5% discount on new homes

Rates are back down in light of last week’s inflation data which fell below expectations. The 30-year fixed rate mortgage fell 6 basis...

Read More