Mortgage Rates Slightly Higher, But Remain Near Long-Term Lows
Wednesday was far less eventful than the first two days of the week as far as mortgage rates were concerned. The average lender raised rates just a hair, but apart from yesterday, these are the lowest levels in a month and very close to the lowest levels in more than 3 years. Bond markets and mortgage lenders will be closed tomorrow for Thanksgiving. While Friday is technically open, 9 times out of 10, it may as well not be. In other words, the Friday after Thanksgiving rarely sees any meaningful movement in mortgage rates or the underlying bond market.
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! "