Quick Contact

Your Name (required)

Your Phone (required)

Your Email (required)

Your Message


Type this number below.

Mortgage Rates Sideways But Market Says They Shouldn’t Be

Mortgage rates were sideways to slightly higher today, and that's actually a strong showing considering what transpired in underlying bond markets.  In fact, I'd wager tomorrow morning's rate sheets will be noticeably weaker if bonds are anywhere near their current levels. 

This flow of logic raises a valid question: if bonds drive rates and if bonds say rates should be higher, then why aren't they higher already? 

The answer is fairly simple: mortgage lenders put out one rate sheet per day unless market conditions force them to change.  

...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Leave a Reply

You must be logged in to post a comment.