Mortgage Rates Catch a Break

Home / Blog / Mortgage Rates Catch a Break

Posted To: Mortgage Rate Watch

Mortgage rates moved higher at a pace that was probably quicker than the average homebuyer would like yesterday . That was part of a 4 day move leading back up from the lowest levels in more than a year (or close to them, depending on the lender). That 4-day move could have easily been quite a bit longer, and it still could be, as long as we overlook today's market movement. Thankfully, it's taken rates back in a friendlier direction. At issue is the unexpected flare-up in British politics surrounding Theresa May's referendum gambit yesterday. To be fair, the gambit was unexpected, but the flare-up makes perfect sense. Long-story short, if May is ousted (and that seems likely), it creates uncertainty surrounding a major economy and financial center. It also makes a "no-deal" Brexit more likely...(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...

35697144 ce05 4cc1 a9bb f197434bee44 0c4523a9 095c 49ac 99ae 1a78ba00d2b6 484a7873 900f 4faa a95c 3152f4eb0466 b1bba3d1 abaf 41eb a2e2 bd0cccfdaaa8 a012d0bf 577b 4a25 a543 a094467caec8 ae569980 b65f 4f8e a0d7 b4cb461b9a01 686fdfd6 bb82 412b 917d e8701fde8afb 69319da1 da26 4d5f 9167 4a79cb147585 57480d37 a0cd 4c59 b5fa df3f745609bb 67eee09a 3b5f 4f05 b209 ac29f534db68 0bd222bc 83c4 4667 92a9 b1b52ad76188 fa6f7b4e 7db5 4fd8 a5fe a53d51017866 8bef576c 7737 42d5 af22 a33fd94a46d0 90c14ae0 7611 4016 93c2 f5a933607b22 028cefab 6941 412c a676 aa3e905b7951 39067658 f7ba 4848 b81e e04b7f8e4753 8dd1aa32 40bf 4dc5 acf7 e1ddfa707510 1acb7d52 4c9d 4412 8123 b3f5bf5eaadb b11cb668 2121 4634 9347 bc008ccff285 8631bbeb 641c 4d49 abed cb8c88f1f1b8 db9cce9c 7c24 4857 a713 c7dfeb9a6e71 adb3a4d0 4fb0 43be af5b d7d7e4f8dc19 66e9cbc0 bc97 4ffa 8d25 07b16ebfb4ae