Mortgage Rates Are Moving Again. Here's the Why.
A short breakdown of what's driving the recent shift, and what it means if you're buying this year.
Mortgage rates are influenced by several factors, including central-bank policy, bond-market expectations and broader economic conditions.
A change in expectations can move borrowing costs even when the central bank itself has not changed its policy rate.
For prospective buyers, the key is understanding the total cost of borrowing rather than focusing only on the headline mortgage rate.