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Mortgage Rates Only Modestly Higher Despite Bond Market Weakness

Mortgage Rates Only Modestly Higher Despite Bond Market Weakness

Weakness in the bond market generally means higher mortgage rates. Today was no exception. A key economic report on the manufacturing sector was much stronger than expected. Bonds lost ground as a result and mortgage lenders were forced to set rates higher than Friday’s latest levels. But the caveat is that the average lender was

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Mortgage Rates Higher For Some Lenders and Lower For Others

Mortgage Rates Higher For Some Lenders and Lower For Others

Mortgage rates moved modestly lower for the average lender today, but higher for others. The distinction is whether the lender in question made a late-day adjustment yesterday afternoon.  At the time, the underlying market for mortgage bonds was improving somewhat sharply. This prompted several lenders to drop rates before the end of business. Those lenders

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Mortgage Rates Modestly Higher on Thursday. Friday’s Risks Are Bigger

Mortgage Rates Modestly Higher on Thursday. Friday's Risks Are Bigger

Mortgage Rates Modestly Higher on Thursday. Friday’s Risks Are Bigger Mortgage rates were just a hair higher for the average lender on Thursday. The underlying bond market lost some ground following a stronger weekly Jobless Claims report and in sympathy with global bond market weakness overnight.  Because rates are based on bonds, when

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Washington Workplace Changes for 2026 Include Higher Pay, New Tower Crane Rules

Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

A round of changes impacting Washington workplaces now that 2026 has arrived include higher worker pay and several workplace safety alterations. The Washington State Department of Labor & Industries year calculates new wage standards, including the minimum wage. L&I makes the calculations using the federal Bureau of Labor Statistics’ Consumer Price Index for Urban Wage

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