Mortgage Rates Back Down Near Recent Lows
Mortgage rates improved more noticeably today, and while the average rate isn't quite as low as it was last week, it's fairly close.
Rates are based on movement in the bond market. Bonds were most likely to move in response to one or both of today's big economic reports. Oddly enough, most of the bond market improvement was seen overnight, BEFORE the economic data came out. Nonetheless, the data definitely didn't hurt.
Categories
Recent Posts
Florida housing supply makes gains in parts of Florida
Practical follow-up tools can help agents earn repeat business
Strong listing photos help Florida homes stand out
Mortgage Rates Roughly Unchanged Versus Friday's Lows
How agents can adapt for AI search
Sellers may not need renovations before listing
Florida condo sales grow at both ends of market
Mortgage Rates Recover Modestly From Long-Term Highs
Average 30-year mortgage rate climbs to 6.58%, highest level in nearly a year
Some walls are working harder than others
