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Mortgage Rates Little-Changed to Begin The Week

Mortgage rates didn’t move much today.  Lenders who made changes to Friday’s rate sheets generally did so toward slightly higher rates.  Actually, it would be more precise to say those lenders raised upfront costs associated with any given rate.  This is typical on days where the broader rate market is slightly weaker, but not weak enough for mortgage lenders to adjust mortgage rates by the standard 0.125% increment.
In the bigger picture, this leaves the average lender quoting conventional 30yr fixed rates of roughly 5% on top tier scenarios.  …(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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