Mortgage Rates Highest in Nearly a Month

Home / Blog / Mortgage Rates Highest in Nearly a Month

Posted To: Mortgage Rate Watch

Mortgage rates have only been moving higher gradually , but things are adding up . Today's move brings them to the highest levels in nearly a month. In recent weeks, I've made it a point to qualify the actual pace of the movement by drawing a distinction between actual interest rates and the upfront costs associated with those rates. Because mortgage lenders tend to offer rates in 0.125% increments , it takes a certain amount of market movement before the average loan applicant would see a change in their quoted rate. But bond markets are moving every day. Upfront costs allow lenders a way to fine tune a loan quote. How many days can we see small increases in these upfront costs before actual interest rates begin to change? As it happens, today is probably the first day where a majority of...(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...

a0d0aac4 3dc3 44a2 bf5f 6a16933465e6 2b3e9882 ee14 4800 bda6 4eb01c49ac38 c4a45009 9b9b 4109 aa17 39327547cd19 2c87592b ff7b 4dc7 a33c 2836d209cb8c f1b50a32 8318 4e03 b99c d5fe228865ff d309cb45 8344 4cbd b87e 9ebd0c6beeac 99fe6deb 7890 486b a464 75b0c0913574 7df709c5 6f2e 43ab b926 3ec165ca0172 2f3f3d2d 0456 458e 9f74 24f3224da1ac 806b76b6 4953 4aa4 ab84 149591cf9beb 8e3b573e c7c0 4790 b1eb e74b27aa84a0 9a07c09c 3c49 4bb0 bff5 a81d460a16ed c86e981f dc44 4fe1 b73c 646f184787cb 5d88c704 ce57 4967 ae55 2a641e6f2af2 52957a22 4f44 47cc 8a67 e02f9d257c8d fe96f4a6 3aed 4e31 b2ea c24a8cb952c6 a39671d3 c080 4af8 b0a4 4786b3d596c9 e90c381f 8b73 461b b141 333b343ab76b 981555e6 44b4 46ed a265 20a9494a337c 8357aa96 de66 4baf ba29 6e78bb0437dd 0400ca9b 7ca4 403a 915e 041d359566d2 6200730e f5a2 493e b90c 68c1a4164405 6735d2c8 aec0 4e0c b366 97171cdc7ada