Mortgage Rates Are on a Tear

Mortgage rates moved lower for the 6th straight day, bringing them very close to the best levels since late 2017.  Perhaps more impressive (or telling) is the fact that rates haven’t even had a single “bad day” since March 1st.  It’s impressive because it’s been an incredibly long winning streak (we usually see a day here or there with rates nudging a bit higher).  It’s telling because it’s exactly what you’d expect to find as the backdrop for what has been the single best month for mortgage rates in more than a decade….(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