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Lowest Mortgage Rates This Week After Key Inflation Data

Lowest Mortgage Rates This Week After Key Inflation Data

In the bigger picture, mortgage rates would still be best described as "trending gently higher," but in the shorter term, today was a victory.  The average lender moved from quoting conventional 30yr fixed rates near 3 month highs yesterday to the lowest levels of the week today.  The disclaimer is that this says more about the narrowness of the recent range than the ground covered. Another disclaimer is that you may well encounter mortgage rate headlines that say something completely different today.  This would almost certainly be due to Freddie Mac's weekly survey number rising to the highest levels in more than 2 months.  Freddie's survey is an average of the 5 days ending yesterday, nor does it account for points or a few other idiosyncrasies that can cause it to deviate from th
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