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The original...RateSpy

Brexit and Mortgage Rates

Traders around the world had their bets in the wrong place. They thoughtthat the UK would stay in the European Union. But in a cliffhanger vote, Brits decided otherwise. Now...

Mortgage Rate Alerts: NEW

Unlike us mortgage geeks, you may nothave time to sit and gawk atrates all day. That’s why we’re juicedabout the Spy’s latest feature: Rate Alerts. Literally dozensof readershave askedfor them...

The Fed: Half-Blind Leading the Blind

Months of Wasted Fed-Speak Summer Fed hikes are dead. But not before the economy was misread, leaving many borrowers mislead — wishing the Fed left its rate-hike calls unsaid. The...

Variable Rate Discounts Slowly Returning

When it comes to the best variable rates, the trend has becomeour friend. Floating ratescontinue to creeplower after spiking at the end of 2015. Much of the improvement is thanks...

Rate Reprieve

Not So Fast… A slew of lenders have hoistedfixed mortgage rates in the last few weeks. Their motivation was the recent spike in government bond yields, which hit multi-month highs...

Red Alert on Fixed Rates

Borrowers have been blessed with mortgage rates that look like promotional savings rates: 1.99%, 2.25% and the like. But now, sadly, those rate bargains are in jeopardy, at least for...

Rate Surveillance: Insured Rates on Sale

Put Down Less, Get a Better Rate Lenders want insured mortgages…badly—and they’re still slashing rates to attract them. The best insured 5-year fixed mortgage rates are now 15 basis points...