Mortgage Rates Match 7-Year Highs

Home / Blog / Mortgage Rates Match 7-Year Highs

Posted To: Mortgage Rate Watch

Mortgage rates may have had a fairly bad day last Friday, but today was worse . Today officially saw the average lender back at rates not seen since May 17th, 2018. That date might not seem too far away, but at the time, it marked the highest rates since late April of 2011. In other words, today's rates matched 7-year highs. If there's a saving grace , it's the fact that underlying bond markets were able to improve throughout the day without most mortgage lenders adjusting rate sheets accordingly. In other words, if bonds are in the same territory by tomorrow morning, the average lender would be offering slightly lower rates. The other potential saving grace is that rates have had a bad enough moving streak that they're increasingly likely to catch a break simply due to the normal cadence 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...

b20887ae 2450 4f92 a31b 6436fe076c22 7696f960 5d26 4b0d a8a4 080c27e3cc6e 852b2a0a 5b09 448b aaca dea9db9eff5a 58d5ad99 a6e6 48f8 b426 c52eb57778fa 138203ff 9019 4c4f a133 e25d48ec6ec0 2fe49628 32a4 4bfd a1ae ef311e26d098 27a34250 22c7 4691 8d15 170a67fc3678 adff113f 118b 4009 ab96 ab4717c4c8ae 17657f17 f7a3 4369 b2eb acaa7e052cf8 4723b460 4476 4cb7 8e96 caac26ce286b 2437a5ef 1372 4b8a 92ec d09afe57a7cf 95a7b90d f13e 4bf3 92bc 78877bed7faf 738e5b51 9330 4d99 95cb d0ab5bd838e1 14191df5 46db 428e a978 95cd5c4064bd bdd61469 2bbc 4eb4 b4a8 8f473b3f8d71 ba7d17e1 24c4 4d94 a260 a322afaae1ad c8eb5c36 a105 48fa affb c34fe733f2cb 4284dc9e ced3 4ebf a5c4 0d47080022c5 58a78c58 1c6c 4784 9871 b37ac0d65f76 f54e9a29 6843 4333 b051 a4f555cabe33 868e4882 cb48 41cc b1f8 db96b9a61b2e 1844b490 facf 46f9 a1f7 7a2583db12ed ee700200 f2f4 4fe0 b110 83fb0ef6d9ad