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Mortgage Rates Snap Back to 3-Week Highs

Mortgage rates have seen a fair amount of volatility so far this week, dropping quickly on Tuesday and moving in the opposite direction since then.  Between yesterday and today, that big drop from earlier in the week has been completely erased.  The result is an average conventional 30yr fixed rate that’s right in line with those seen on Monday.  Unfortunately, that also means today’s rates are in line with their highest levels of the past 3 weeks.  You’d have to go back to November 14th to see anything higher.

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Source: mortgagenewsdaily.comNew feed

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