Rates are Flat This Week and That's Awesome!

Home / Blog / Rates are Flat This Week and That's Awesome!

Posted To: Mortgage Rate Watch

Mortgage rates didn't move much today. That's been the theme for most lenders every day this week. Rarely has an absence of change been so awesome! That's because rates also happen to be at the lowest levels since 2017. It's rare to rates make a strong move (like the one we saw last week) deep into long-term lows and then hold almost perfectly steady for 4 straight days. Usually, such opportunities prove fleeting, as they did in late March 2019 when the previous long-term lows were only available for a day and a half, depending on the lender. If you happen to see media coverage of rates today and it suggests a massive drop this week, chances are it's based on Freddie Mac's weekly rate survey. Freddie's numbers are just fine in the long run, but they can lag reality when markets are volatile...(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...

a20959f7 f934 4a91 a572 88be49af20b5 0bf6c2e8 004f 41bf 9a8a d4dbd789239a 425c8e5b 1039 4ab0 9c0e 2cdee56e9cfe 9cdd8bd9 6e81 41ec a5ed 031ccd690057 20f9a2ba 07a7 433c b6ab 8a59670f3062 5bcfcff5 7274 4a53 93c9 d0f707487bb8 dfccce32 3697 4f21 aa3d ffc074fc8994 366e2d88 de53 4681 ba21 e300c2d7745e f9814042 be68 4878 a318 18bbb611bcf0 e2b56a84 88de 4aa7 bd37 b87c463de7ac bdb65666 793a 435b 86f1 60ddc860459b 48269559 a33a 451c 8c65 745cba5077c5 168a3766 d996 407e a5c4 0d0c70988d97 bbc10914 2d76 460a b142 5fde390a83f3 cf977575 7859 479a 87e3 7d57608432a5 49ed0578 e552 47c2 bcae 0795dcc5ca59 68663678 57db 4d48 96ae a35abc7480c9 034fe02a 2bfb 4601 bb20 ee15067a3116 4f643d9c 896c 4ceb b687 ee7668a9cce7 b5127997 638f 4392 9c0d f4f01db038d6 c3b5649c 2c79 4d1f 95c6 7586b131c2c0 4675f407 0a2a 4e0f a9b6 a8232d93d44f f410a38e 594d 484f aa2c 871ebc0e3216