Mortgage Rates Holding Near 2 Month Lows




Mortgage Rates Holding Near 2 Month Lows Let's talk about the current state of mortgage rates. This is an important caveat over the past few days because lenders have adjusted their individual rates by widely varying amounts and in different directions from one another on several occasions. By the time we add all of the apples into the same batch of apple juice, it tastes remarkably similar to last Thursday afternoon--perhaps slightly sweeter. In other words, the average lender is roughly in line with (or just barely below) the multi-week lows from Thursday. You'd have to go back just under 2 months to see anything lower. The average conventional 30 year fixed rate is easily back into the mid 6% range. Let us help you find your next home.