Mortgage Rates are Actually Much Higher This Week

 

 

Mortgage Rates are Actually Much Higher This Week

It's Thursday and thus time once again for some seriously confusing mixed signals in the world of mortgage rate journalism.
The weekly Freddie Mac rate survey is the most widely-cited source material for a majority of the mortgage rate coverage in the news.

But for those with a vested interest in day-to-day movement (those in the process of buying or refi'ing perhaps?

Bonds got hit hard on Tuesday and are getting hit hard again today (translation: higher rates).