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Mortgage Rate Stay Lower Week-Over-Week

Mortgage rates improved again today, keeping the week-over-week move decidedly friendly. For more on the weekly move, see the in-depth discussion in yesterday’s coverage (read more…). Long story short, the widely-followed Freddie Mac rate survey is always frequently cited in mortgage rate coverage from major media outlets on Thursday.  It can also be a bit stale due to its methodology.  In yesterday’s case, it resulted in multiple articles claiming rates were higher on the week when in fact they were lower.  And now they’re a bit lower again today!…(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it.
Source: mortgagenewsdaily.comNew feed

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