Rates are on hold until the next chapter is written in the complex saga of covid versus the market.
Source: Kevin Litwicki MBSLIVE
Rates, Housing, Stuck In The Middle For Now
Rates Recover After Bumpy Week; Realtors See Prices Moderating
Mortgage rates bounced at 6 month lows early last week and moved higher at a faster-than-normal pace through the middle of this week. They’ve been slow to recover, but Friday went a long way toward solidifying the short-term ceiling.
Source: Kevin Litwicki MBSLIVE
Rates Recover After Bumpy Week; Realtors See Prices Moderating
Rates at 3-Week Highs, More Volatility Ahead
As recently as Thursday, August 6th, the average mortgage rate headline proclaimed the lowest rates in 6 months. That wasn’t true on Thursday, and it’s even less true today.
Source: Kevin Litwicki MBSLIVE
Rates at 3-Week Highs, More Volatility Ahead