- /
Mortgage Rates Hold Lowest Level in Nearly 2 Weeks
Early in the trading session, the bond market began improving in response to more updates on a potential Iran peace deal. When bonds improve, rates fall, but the initial reaction proved short-lived. Thankfully, the reversal didn't do any new damage. This allowed the average lender to keep rates right in line with yesterday's 6.61% for a top-tier 30 year fixed. You'd have to go back to May 14th to see anything lower.Categories
Recent Posts
Some Bond-Specific Weakness in The Afternoon
Existing-Home Sales Continue Sideways Trend in June
Mortgage Applications Ease During Holiday-Shortened Week
Verification, AI, Prequal Products; STRATMOR Tech Survey; Government Program News
Empty Calendar Leaves Focus on War Headlines
Slightly Stronger But There's a Catch
Rates Recover Modestly
Hedging, Warehouse, Processing Tools; M&A Results; Declining Demand for Housing
Oil and Yields Starting Out Slightly Lower
More War-Related Weakness, But With a Supportive Bounce
GET MORE INFORMATION
