Mortgage Rates Officially Hit 2 Week Lows
We were close yesterday and we officially arrived today. Mortgage rates may still be elevated compared to almost all of the past 10 months, but they're the lowest they've been since May 14th. This was accomplished with a modest drop versus yesterday's levels after another round of news on a potential U.S./Iran peace deal. This morning's inflation data also helped the underlying bond market find its footing. In terms of nuts and bolts, top tier 30yr fixed rates fell to 6.59% for the average lender, down from 6.61% yesterday and from 6.75% last Tuesday. [thirtyyearmortgagerates]Categories
Recent Posts
Mortgage Rates Officially at 2 Week Lows
Mortgage Rates Near 2-Week Lows After Biggest Daily Drop in 3 Months
Mortgage Rates Started Much Higher But Almost Fully Recovered
Mortgage Rates Near 1-Week Lows
Mortgage Rates Inch Up to Another Recent High
Mortgage Rates End Higher Despite Promising Start
Solid Mid-Day Recovery For Rates
Mortgage Rates End Day Higher Despite Promising Start
Mortgage Rates Rise to 7.58%
Mortgage Rates Officially Hit 7.5%
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "