Mortgage Rates Near 2-Week Highs

Mortgage rates were just a bit higher in most cases today, although some lenders were effectively unchanged from yesterday. If you happened to stop paying attention to mortgage rates on Friday February 5th, today would look downright exciting. It’s only in comparison to the strong move lower over the last week and a half that rates are anything other than stellar. The most prevalently-quoted conventional 30yr fixed rates remain 3.625%-3.75% for top tier scenarios, with an average that is near its 2-week high. Stakes are high for rates as well as broader financial markets at the moment. Both stocks and bonds (which drive the day-to-day changes in mortgage rates) are at a crossroads. One path …
Mortgage Rates Newsletter – Market Analysis

Leave a Reply