Mortgage rates continue the slow and bumpy healing process of the rapid rise observed 2 weeks ago. Last week was a solid victory in this sense, the rates moving regularly and significantly without major rebounds. The present week started on the coarse foot while the prices obtained an increase on Monday. Fortunately, the sail has been more fluid since then.
Today was actually the best day of the week so far for the underlying bond market. Most of the improvement occurred in the abroad during the night, but the gains continued in the United States
The average fixed level rate of 30 years fell 0.04% compared to yesterday. On the basis of the calendar of gains in the bond market, if nothing changed overnight, the average lender would be able to reintegrate slightly again tomorrow.
Note: the previous one is not a prediction. This is simply a comment that the bond market has improved a little more than the average mortgage rate suggests. There is never a guarantee that the obligations will make something special by the next time that mortgage lenders set rates for the day.
