It was a busy week for mortgage markets. Continued concerns over the Middle East on top of the FED moving to a more neutral position moved mortgages up a bit. We will end the week at 6.125% for our very best 30-year fixed scenario.

After declining for several weeks in a row, mortgage rates ended their improvement streak, moving back up just slightly, enough to put us back to 6.00% for our very best 30-year fixed Conventional scenario.

The positive rate movement continued this week as we are now back into the pre-war rate range. We will end the week back down to 5.875% for our best 30-year fixed conventional scenario.

It was a better week for mortgage rates. As expected, after the announcement of a temporary ceasefire in the Middle East, mortgage rates improved, coming back down to 6.00% for our best 30-year fixed conventional scenario.

It was a better week for mortgage rates as we improved a bit back to 6.25% for our best 30-year fixed conventional scenario. All four full days of trading this week were positive for mortgage rates as markets responded early in the week to news of a potential de-escalation in the Iran war.

Rates continue to rise, now for the 5th week in a row, we are now up to 6.375% for our best 30- year fixed conventional scenario. Rates are now at their highest point in the last 8 months. The widespread reaction to the Iran conflict has not been well received across financial markets with stock prices tumbling alongside rising treasury yields and mortgage rates.