Mortgage Rates Near 3-Week Lows

Mortgage rates continued lower today, helped along this time by European markets. Although mortgage rates are most directly influenced by prices of mortgage-backed-securities (MBS), MBS themselves are.

Wednesday was the best day this week for Mortgage rates with the average lender at the lowest levels in more than a month and very close to the lowest levels in more than a year.. Rates are still very near their 1 year rate lows.

Mortgage rates are dropping to fresh lows. July could provide some of the lowest rates seen in over 2 years. This is the chance mortgage rate shoppers have been waiting for.

Mortgage rates. rates continue the move lower, we can float down or renegotiate. I think we may see one more go at sub 4% but I don’t want to get ahead of the cart. " -Mike Owens, Partner, Horizon.

MBS Day Ahead: China Tariff News May Not Be Enough For Bonds MBS Day Ahead: EU Weakness Helping US Bonds, But Don’t Count Chickens.. but not enough to break into higher yields.. breaking news. chuck Schumer had the most sarcastic response to Donald Trump’s Mexico tariff back-down;

rising rates mean it’s time to refinance if you have a variable-rate mortgage or one where the interest rate is above the current still-near-historic lows. In that case, it becomes a different.

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View today’s mortgage rates for fixed and adjustable-rate loans. Get a custom rate based on your purchase price, down payment amount and ZIP code and explore your home loan options at Bank of America.

View current mortgage rates from multiple lenders at realtor.com. Compare the latest rates, loans, payments and fees for ARM and fixed-rate mortgages.

Comments Off on Mortgage Rates End Week Near long-term lows posted To: Mortgage rate watch wednesday was the best day this week for Mortgage rates with the average lender at the lowest levels in more than a month and very close to the lowest levels in more than a year.

When bonds improve enough, mortgage lenders often lower rates in the middle of the day. Today’s gains were just enough for that to happen for a majority of lenders. The improvements bring rates back to levels seen 3 weeks ago, although much of that has to do with yesterday’s levels providing an already-fairly-low baseline.

Yellen’s speech last week had little effect on mortgage. benchmark rate. The Fed last raised the Federal Funds Rate in December. Yellen’s speech caused home-loan rates to tick up initially but they.