Rates Trend Higher Two Weeks Into New Year
Both 15-year fixed rate mortgage and refi averages were up double digits in basis points by week’s end
Both 15-year fixed rate mortgage and refi averages were up double digits in basis points by week’s end
Numbers of have fluctuated since the start of the new year, with all indications leaning toward more impending growth
A few important mortgage and refi rates dropped off, making way for New Year purchases
Principal rates have solidly been down week after week since early November
The 30-year mortgage hits high last seen in the Spring
With inventory strengthening around the country, mortgage demand is also increasing
Numerous benchmark rates were down, continuing numerous week’s of downward trends
While there was some minor fluctuation, all signs point to it generally be a good time to get a mortgage.
With principal and refi rates down, it continues to be a particularly good time for prospective homebuyers to lock in ...
Following seven weeks of increases, rates fell slightly across the board
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