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Mortgage Rates Fairly Flat Today, But Volatility Could Increase

Mortgage rates held steady today, for the most part.  If there was a leaning, it was toward slightly lower rates, but not by a wide enough margin to be significant.  At first glance, holding steady at the lowest levels in nearly 3 years is great!  In fact, it’s still great at second glance.  But the more information we consider, the more we may wonder why they’re not lower.  Reason being: 10yr Treasury yields (which often move in the same direction as mortgage rates and by similar amounts) are noticeably lower today!  So why aren’t mortgages following?

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Source: mortgagenewsdaily.comNew feed

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