Mortgage Rates Holding Ground But Volatility Could Increase

Mortgage rates were technically steady today.  In fact, as of this writing, most lenders are offering slightly better terms compared to yesterday, but only by barely-detectable amounts.  The afternoon brought volatility in financial markets owing to trade-related headline.   That volatility isn’t moving in a good direction for mortgage rates at the moment.  The takeaway is that, all other things being equal, lenders will be offering slightly weaker terms tomorrow morning, assuming they don’t see quite enough weakness to adjust today’s offerings with only a few hours left in the day….(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