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Mortgage Rates Holding at Highs, Anxious About Days Ahead

Mortgage rates held fairly steady this morning, keeping them in line with the highest levels since early August.  As the day progressed, underlying bond markets weakened.  This implies higher rates tomorrow or, for some lenders, a late day change to today's rate sheet offerings.  The changes aren't severe, but at recent highs, every little bit hurts.  If the next 5 days are anything like the past 5 days, we'd be looking at the highest rates since 2011!  In other words, we may not be moving too much, but the outright levels continue to be unpleasant.

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