Best Day of a Rotten Week For Mortgage Rates

Home / Blog / Best Day of a Rotten Week For Mortgage Rates

Posted To: Mortgage Rate Watch

Mortgage rates actually fell today, on average--something they haven't been able to say all week, or indeed at nearly any time during the past 4 weeks. Yesterday, in particular, was the worst day for rates since 2011 for most lenders, with anything less than an ideal loan scenario garnering 30yr fixed quotes of 4.875% to 5.0%. With all of the above in mind, today's token improvement isn't necessarily exciting, but at least it's better than the alternative. Much of this week's rapid rise was seen in the first half of the week. Starting on Wednesday afternoon, markets began settling into a more sideways pattern, apparently getting in position for more volatility in the coming week. If there's an event that's likely to serve as the catalyst for that volatility, it's the Fed Announcement on Wednesday...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Source: http://www.mortgagen...

1bdc7432 4387 43b4 acb7 a3c41c5cfe8d acda11d4 b2c5 499b 9318 4e7e9575b6dc d68768f8 588f 46a4 b953 fbfb215952f2 dd6b246f bd6c 490f 8580 651b216a7e03 b051a5e2 e1a4 4428 8abd e38fffbab798 30d05756 dcbd 44a0 8439 99343d015150 15eddcac 7888 40df b83a a1b1fb90b7d6 efe09688 7e6f 4f58 b2d5 478ea58843e3 58fea4fd 96da 43aa 8424 9f584738a4cd 9b8b9ae1 fc5d 4bba 9285 3051fa353b53 7468ad4f 3775 474d 94aa 225d97f329ce d2b35fcf bf60 44dd 890b 11c41adf8df1 56e48aa6 613e 4ea9 9e8f ad32c8a65a8f 5f64d6ba 28e5 453e 80fe fe88100c39b6 84191317 844f 4e4b 9bab d5179c6df212 36c991ce 0945 463d 8a81 0889a820470e 088bf85f c48e 4ce0 9fe6 56c9c5fca7f7 cbeb3080 937f 4b97 8002 76b1b0e574ac 43d06561 0138 4126 bd85 a556ea5575db 524852e3 165a 4bc6 a099 e8b4b1e41ef9 acb9d0c0 c14f 4973 8906 88aeff5d14a4 d9735d23 e74d 4372 bfa6 9ee106b64300 fe476e87 f6c5 4cdb 9101 76bed5c8c9db