What’s driving mortgage rates today? Average mortgage rates rose yesterday, as we predicted. However, the increase was sharper than we expected. It wasn’t huge (equal-third biggest movement over the last month) but it took those rates back to their highest level since June 19. Still, let’s keep this in context: we remain in a period of ultra-low rates.
After spending the past 5 business days moving higher, mortgage rates finally found their footing today. The improvement came in phases. before anything less than a cautious, lock-biased approach.
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See today’s mortgage rates Learn more and see examples here. offered to registered users. mortgage rates hit the lowest levels in more than a month yesterday and came very close to the lowest levels in more than a year..
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Mortgage rates today, April 12, 2019, plus lock recommendations Show Me Today’s Rates (May 24, 2019) Mortgage rate methodology. The mortgage reports receives rates based on selected criteria from multiple lending partners each day. We arrive at an average rate and APR for each loan type to display in our chart.
Mortgage rates drop to lowest level since 2013 Average long-term U.S. mortgage rates fell for the fourth straight week, with the benchmark 30-year rate again marking its lowest level since May 2013. The average for a 15-year mortgage, a popular choice for people who are refinancing, slipped further below 3 percent.
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