Mortgage Rates Hit Lowest Levels of The Week
As is sometimes the case on the day following a Fed day, the bond market carried a bit more momentum in the same direction as yesterday afternoon. Fortunately, the momentum was toward lower rates this time around--a nice break from the past two Fed days which resulted in several days (and weeks) of higher rates. This leaves the average lender roughly in the middle of the range over the past 3 months. These are also the lowest levels seen since last Thursday for the average lender.
Categories
Recent Posts
Mortgage Rates Recover After Starting Higher
Spring Contract Signings Hit a Four-Year High As Sellers Get Real on Price, New Realtor.com® Report
Mortgage Rates Recover All of Yesterday's Losses
Mortgage Rates Jump Again, Now up 0.75% Since Start of The War
A Shifting Housing Market Drives Down Payments to Four-Year Low
Mortgage Rates Start Week at New 9 Month High, But Just Barely
Mortgage Rates Surge Toward 8-Month Highs
Mortgage Rates Move Moderately Lower
New Homes Save Buyers $25,000 Over Ten Years, Offsetting Higher Upfront Costs
Mortgage Rates Officially at 6 Week Highs
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "